Answer:
Explanation:
Crane Co
June 1. Credit: Sales $52,200
Debit: Acc receivable $52,200
Being sales on account
June 12 Debit: Bank. $ 50,634
Debit: Discount Allowed $1,566
Credit: Acc receivable. $52,200
Being payment received on sales
Answer:
a.$7.43 per machine hour
Explanation:
The computation of the single plant wide rate is shown below:
Single plant wide rate = Total overhead cost ÷ Machine hours
where,
Total overhead cost = $84,000 + $72,000 = $156,000
And, the machine hours is
= 1,000 units × 5 + 2,000 units × 8
= 5,000 + 16,000
= 21,000 machine hours
So, the single plant wide rate is
= $156,000 ÷ 21,000 machine hours
= $7.43 per machine hour
Answer: the correct answer is (A) international product life cycle
Explanation:
International product life cycle is based on the theory of product life cycle that basically states that a product cycle has four stages: introduction, growth, maturity and decline.
Answer:
Current issues in the framework by regarding fabricating costs as a period cost
Assembling overhead is evaluated bu increasing direct work with 300%. This estimation isn't exact and doesn't speak to how the genuine variable sub-costs that form the manufacturing overhead act for example machine related costs, arrangement work, getting and creation control, designing, bundling and sending. In spite of the fact that there could be a connection between the measure of direct work cost and the all out manufacturing overhead, this present strategy for estimation is dubious and ignores the real segments of manufacturing overhead.
Advantage of Product Cost
Increasingly exact impression of the inconstancy of the sources for example on the off chance that there are five factors, it is more precise than one.
Advantage of Period Cost
Treating manufacturing overhead as a period cost implies that it stays simpler to contrast Wilkerson's and a rival, given that contender likewise treats manufacturing overhead as a period cost for example it is simpler to analyze like-for-like
Answer:
private saving = $2700
Explanation:
given data
GDP = $10,000
Consumption = $6,000
Government spending = $1,500
deficit = $200
solution
we know here equation of GDP that is express as
GDP = Consumption + investment + Government spending ...................1
we consider here tax revenue that is = T
T - Government spending = - deficit
T = Government spending - deficit
T = $1500 - $200
T = $1300
so we can say from equation 1
( GDP - Consumption - T ) + ( T - Government spending ) = investment
and investment = private saving + public saving
so private saving will be
private saving = GDP - Consumption - tax revenue ................2
private saving = $10000 - $6000 - $1300
private saving = $2700
