Answer:
$9,000
Explanation:
1.Finishing’s departmental rate based on MH
= Finishing’s costs/Finishing’s machine hours
= $90,000/2,000 = $45 per MH
2.Cost assigned to Finishing based on MH
= Finishing’s departmental rate based on MH * Finishing’s currently used machine hours
= $45 per MH * 200 MH = $9,000
Therefore If the company uses a departmental overhead rate based on machine hours, $9,000 overhead cost will be assigned to Finishing this month
A <u>finished Goods</u> account would most likely not appear in a job order cost system of a service business.
Finished Goods are products that are at a stage in the manufacturing process that is readily available to consumers. Businesses use formulas to calculate finished goods and products to create inventory percentages that determine the value of the goods sold.
The cost of the finished product includes all costs along the way and includes the three main components used in the production of the goods: direct labor, direct materials, and overhead costs. In addition, storage costs will be incurred when purchasing finished products.
Learn more about <u>finished Goods </u>here brainly.com/question/13767214
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Answer:
C. financial intermediation.
Explanation:
The financial intermediary is a process in which the bank or other financial institutions provides a service of helping to save or borrow money.
A financial intermediary also helps in facilitating the diverse needs of lenders and borrowers
The funds are raised from people who wants to deposit the money.
Answer:
Equity sharing
Explanation:
Equity sharing: The term "equity sharing" is also referred to as "co-ownership" or "shared ownership", and is described as a process in which more than one owner is being involved and utilizes one property in order to blend them to "maximize tax deductions and profit". Generally, equity sharing occurs when different parties ought to find a particular home and then buys it together as "co-owners", yet these people tend to join to "co-own" a particular property a person already bought it before or owns it.
In the question above, the given statement represent equity sharing.
Answer:
e. The NPV method assumes that cash flows will be reinvested at the cost of capital, while the IRR method assumes reinvestment at the IRR. Explanation:
Under the NPV method that is the Net Present Value method, discount rate used is cost of capital of a company, that is Weighted Average Cost of Capital. This is to ensure that the company is able to meet its current financing cost.
Under the IRR method the rate is calculated at which the return of investment and cost of such project or investment is equal, if it is more than cost of capital the project is acceptable.
Therefore, statement e stating that the NPV method uses the cost of capital and IRR uses the IRR rate is correct.
