Answer: D. The auditor is likely to increase control risk because the computed upper deviation rate is greater than the tolerable deviation rate
Explanation: For this scenario, the only true option is that, the auditor is likely to increase control risk because the computed upper deviation rate is greater than the tolerable deviation rate.
Attributed sampling states that items being sampled will either or won't possess certain attributes or quantities.
Answer:
Hence, the quote that should be listed in the newspaper is 102.024
Explanation:
The computation of the quote that should be listed in the newspaper is shown below:
Quote would be listed is
= $10,275 ÷ $10,000 × 100
= 102.75
= 102 : 0.75 × 32
= 102.024
Hence, the quote that should be listed in the newspaper is 102.024
hence, the same is to be considered by taking all the information given in the question
Answer:
The average operating cost is $0.46 per mile
In deciding whether to to her use her own car or rent a car the costs are analysed below:
Variable operating cost is a relevant cost
Depreciation is not relevant as it is already cost and also it is sunk cost
insurance is not relevant as well
automobile tax and license is not relevant as it would be paid regardless of the option chosen
Explanation:
The average cost comprises of the variable operating cost per mile as well as the fixed operating cost per mile
variable operating cost per mile is $0.06
fixed cost operating cost=fixed costs/total miles driven=($3,350+$1,700+$900+$450)/16000=$6400
/16000=$0.40
average cost per mile=$0.06+$0.40=$0.46
Answer:that should be based on your class and teacher try checking your syllabus
Explanation:
Answer:
the effective rate of interest on the debt is 6.38%
Explanation:
The computation of the effective rate of interest on the debt is shown below:
Effective rate of interest is
= ($400,000 × 6%) ÷ ($400,000 × 0.94)
= $24,000 ÷ $37,600
= 6.38%
Hence, the effective rate of interest on the debt is 6.38%
It could be determined by applying the above formula so that the correct rate could come
