Answer:
$84
Explanation:
The computation of each unit of the company's inventory under absorption costing is shown below:
= Direct material used + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead
= $12 + $18 + $25 + $29
= $84
We simply added the first four-unit cost through which total unit cost would come
All other information which is given is not relevant. Hence, ignored it
Answer:
Calculation of the amount of cash to report in the balance sheet
Particulars Amount
Currency located at the company $800
Short-term investments that mature $1,700
within three months
Balance in savings account $7,500
Checks received from customers $400
but not yet deposited
Coins located at the company $100
Balance in checking account <u>$5,200</u>
Cash at the end of the year <u>$15,700</u>
Thus, the amount of cash to report in the balance sheet is $15,700,
Note: Supplies ,account receivables and prepaid rent are current asset of the company other than cash. Equipment are non cash
Answer:
Process resources.
Explanation:
Assume the process of obtaining a driver's license is considered too long because of too few people who can administer the final driving test. One way to resolve this problem is to hire more people who can give the driving test. This is an example of a change in <u>process resources.</u>
Process resouces: It is a management strategy to resolve operational issue and get smooth work flow in the process by hiring more resources to reduce waiting time and deliver the services as per expectation and on the time. It show the operational efficiency of process.
In the given case, hiring more people to adminster driving test will help in reducing the waiting time of customer and deliver services as per expectation.
Answer:
probability assessment
Explanation:
A probability assessment refers to determining the likelihood of an event occurring. This is generally done to estimate the potential risks of an investment since cash flows are basic for calculating a project's NPV, IRR and payback period.
In this case, the estimated cash flow = ($680 x 40%) + ($520 x 40%) + ($450 x 20%) = $571.60