Answer:
$166,000
Explanation:
The net cash flow from operating activities using the indirect method is computed below:
Cash flow from Operating activities - Indirect method
Net income $175,000
Adjustment made:
Add : Depreciation expense $28,000
Less: Increase in accounts receivable -$16,000
Less: Decrease in accounts payable -$21,000
Total of Adjustments -$9,000
Net Cash flow from Operating activities $166,000
Answer:
Predetermined manufacturing overhead rate= $14.65 per direct labor hour
Explanation:
Giving the following information:
Estimated direct labor hours= 40,000
Estimated fixed overhead= $466,000
Estimated variable overhead rate= $3.00 per direct labor-hour.
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (466,000/40,000) + 3
Predetermined manufacturing overhead rate= $14.65 per direct labor hour
Answer:
The question is incomplete because it didn't tell us what action to carry out. However, kindly find the complete question below:
Question:
Using the information from the narrative, create the appropriate MLA citation as if it were going on a Works Cited page.
Answer / Explanation:
First we need to understand what MLA means: This is simply the abbreviation for modern language association. It refers to a unique style of writing recommended by Modern Language Association (MLA) for preparing research, project paper and manuscripts. This method of writing details issues like quotations, punctuation's especially the documentation of references.
Now referring back to the question asked, the answer goes thus:
Godman, Henry, and Elizabeth Howard. Ancient Civilizations. Philadelphia: Gold.
House, 1989. Print.
In the case of snack corp, when the price they sell their product at is <u>below</u> the average cost of production, profits are <u>negative</u> due to<u> </u><u>negative</u> average profit.
Average profit is defined as total profit divided by performance, or total profit for each period divided by a number of periods. The formula for calculating average profit is Average Revenue - Average Cost = Average Profit.
But in general, small businesses have healthy profit margins between 7% and 10%. However, be aware that certain companies may have lower profit margins. B. A retail or food company. This is because overhead costs tend to be high. Average profit is calculated by dividing the total profit for the year by the number of years of profit.
Learn more about Average profit here: brainly.com/question/26215194
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