Answer:
A) App stores
Explanation:
App stores have a positive impact on the whole American economy and can help companies by:
- reducing transaction costs
- lowering entry barriers
- increasing consumer trust and security
For example, during 2018, the app economy in the US represented $568.47 billion and it included over 5,744,481 people working in 317,673 different companies.
App stores allow companies, specially smaller companies and entrepreneurs, to have a low-cost distribution channel to massive markets all around the world.
The impact of the app economy will only increase as the internet of things (IoT) increases.
Answer:
Under allocation= 1,000 underallocated
Explanation:
Giving the following information:
Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate of 20,000 direct labor-hours to be worked during the year. Actual costs and activity during the year were: Actual manufacturing overhead cost incurred $ 38,000 Actual direct labor-hours worked 18,500
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 2*18,500= $37,000
Real overhead= 38,000
Over/under allocation= real MOH - allocated MOH
Under allocation= 38,000 - 37,000= 1,000 underallocated
Answer:
$25,000 will be an ordinary income(FMV)
Explanation:
Kate received an offer of unrestricted partnership capital interest for the expertise services. so, Kate recognizes it's an "ordinary income"which should be booked at the fair market value of the partnership interest so offered.
i.e $25,000 is ordinary income (FMV)
Answer:
1. Cash Disbursements for manufacturing overhead = Variable + Fixed - Depreciation
Variable = $1.40 X 8,300 = $11,620
Fixed = $92,130
Depreciation = $19,820
Cash Disbursement = $11,620 + $92,130 - $19,820 = $83,930
2. Predetermined Overhead Rate for July will be inclusive of depreciation as that is part of factory cost and will form part of product cost.
Total factory cost = $11,620 + $92,130 = $103,750
Total hours = 8,300
Overhead Rate = $103,750/8,300 = $12.5