Answer:
$1.50
Explanation:
Predetermined Overhead Rate = Estimated Manufacturing Overhead Cost / Estimated Units of the Allocation Base for the Period
Predetermined Overhead Rate = $1,500,000 / $1,000,000
Predetermined Overhead Rate = $1.50
Answer:
For mortgage loan:
Dr cash $800,000
Cr mortgage payable $800,000
Repayment of $130,196
Dr interest expense $80,000
Dr mortgage payable $50,196
Cr cash $130,196
Explanation:
The repayment of $130,196 comprises of both principal repayment and interest payment.
Interest payment=mortgage amount*rate of interest
mortgage amount is $800,000
rate of interest is 10%
interest payment=$800,000*10%=$80,000
Principal repayment=$130,196-$80,000=$50,196
Answer:
C) $21,080
Explanation:
The computation of the net operating income is given below:
Particulars Per unit Total
Sales $114 $1,128,600
Less: Variable expenses:
Raw material cost (6 pounds for $4) $24 $237,600
Direct labor cost (2.4 hours for $24) $58 $570,240
Manufacturing overheads (2.4 hours for $9) $22 $213,840
Variable selling and admin expenses $2 $15,840
Contribution margin $9 $91,080
Less: Fixed Selling and admin exp $70,000
Net operating income $21,080
If the government should impose the per unit tax, the parts that would be affected are the average variable cost and the average cost
<h3>What is the per Unit tax?</h3>
This is the tax that is imposed per unit or on each unit of a good that has being sold or a service that has been rendered.
This is the type of tax that would affect the average variable cost and the average cost.
This type of tax is one that is proportional to the unit of the good sold. This is in terms of the quantity sold and not the price that was used to sell the good.
Read more on tax here:
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Answer:
Green marketing.
Explanation:
Green marketing is promotion and selling of products that are environmental friendly. The product should be produced in an envimentally friendly process and should be sustainable. As is seen in the example of Fresnas Inc, they are using recycling as a sustainable environment friendly process to produce goods, while making more profit.
