Answer:
$96,000
Explanation:
The computation of the overhead amount assigned to Product A1 each year is shown below:
= Overhead cost incurred per year ÷ number of hours worked by machine department × machine hours at Product A1
= $480,000 ÷ 5,000 hours × 1,000 hours
= $96,000
We simply applied the above formula so that the overhead cost assigned could come
The most reliable procedure for an auditor to use to test the existence of a client's inventory at an outside location would be to: Observe physical counts of the inventory items.
<h3>
Which of the following audit procedures is best to perform to determine that company legally owns inventories?</h3>
To best ascertain that a company has properly included merchandise that it owns in its ending inventory, the auditors should review and test the: Purchase cutoff procedures. Purchase cutoff procedures should be designed to test whether all inventory Owned by the company was recorded.
Observe merchandise and raw materials during the client's physical inventory taking.
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Answer:
Objective Task Method
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question Nathan is using an Objective Task Method. This is a financial business strategy in which a company/business sets aside a specific set amount of money to use as it's marketing budget based on the objectives they are trying to accomplish. Which is exactly what Nathan is doing in this scenario.
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Answer:
D. an increase in interest rates in Russia and a decrease in the value of the ruble relative to other currencies.
Explanation:
In case the government of Russia runs a budget deficit , there will be inflationary pressure because budget deficit will be met by printing of currency . Inflationary pressure will drive interest rate high which will adversely affect the value of currency in international market. So the value of ruble will decrease relative to other currency .
Option D is correct .
