Answer:
a. Interest rate will rise.
b. Borrowing on short term
Explanation:
A. The interest rate will likely go up if government embark on major infrastructure plan in the future. The reason for the rise is that it`s assumed that government will borrow to finance the infrastructure plan and when government borrows, there will be less money in the economy which will make credit scarce and interest rate to rise because of the depleting credit level in the economy.
B. I will advise to borrow on short term because of the impending rise in interest rate. If borrow on short term, the fluctuation in the interest rate will unlikely affect the short term facility. In contrast, if borrow on long term, the impeding rise in the interest rate might increase finance cost for the firm in servicing the facility and also erode the facility value.
In order to ship 107520 units, 107520 units need to be picked as well
In the Picking team, 1 worker picks 210 units in 1 hour
So, the number of units picked by 1 worker in a shift of 8 hours = 210 * 8 = 1680 units
So, the number of employees required to be assigned to the Picking team = Quantity to be picked / Number of units picked by 1 worker in a shift of 8 hours = 107520 / 1680 = 64.03571 = 64
The number of employees to be assigned to picking in order to ship a total of 107,520 units for the shift is 64.
The gadgets for measuring periods are millimeter (mm), centimeter (cm), meter (m), and kilometer (km). The devices for measuring weight are kilogram (kg) and gram (g). The gadgets for measuring extent are milliliter (ml) and liter (L).
While the costs or value of manufacturing of an item is divided by means of the quantity, the end result is called a unit fee. Context: The unit price of a set of homogeneous products is the entire fee of the purchases/sales divided with aid of the sum of the quantities.
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Answer:
D.) $75,000
Explanation:
Amount of revenue recognized = Cost incurred to date / Estimated total cost * Contract price
Cost incurred to date=60,000
Estimated total cost=400,000
Contract price=500,000
Amount of revenue recognized= 60,000/400,000 * 500,000
=0-15 * 500,000
=$75,000
Amount of revenue recognized in year 1 is $75,000
Answer:
Total current liabilities 13,800
Explanation:
Current Liabilities:
Obligation to pay or do within a year.
We are on Dec 31th 20X2 so anything due on Dec 31th 20X3 or before this date, will be current.
Note payable 2,000 (due nov 1, 20X2)
Discount on NP (500)
Note payable net 1, 500
Unearned Revenues 9,200
(80% of the 11,500 will be provided during the year)
Account Payable 1,600
Total current liabilities 13,800
the allowance for doubtful account is a contra-asset account not a liability account.
The equity is not part of the current liabilities.
the dividends were declared and paid, so there is no dividend payable.
Answer:
For Machine Setup:
Overhead=$80 per setup
For Machining:
Overhead=$13 per machine hours
For inspections:
Overhead=$32 per inspections
Explanation:
Given Data:
Overhead cost for machine setups=$80,000
Overhead cost for machining=$162,500
Overhead cost for inspections=$28,000
Expected annual use in machine setups=1,000 setups
Expected annual use in machining=12,500 machine hours
Expected annual use in inspections=875 inspections.
Required:
Overhead rate for each activity=?
Solution:
For Machine Setup:
Overhead=
Overhead=
Overhead=$80 per setup
For Machining:
Overhead=
Overhead=
Overhead=$13 per machine hours
For inspections:
Overhead=
Overhead=
Overhead=$32 per inspections