Answer:
b. $1.87
Explanation:
Number of order taking costs = $20,592
Number of orders = 187,200
Cost of activity
= $20,592 ÷ 187,200
= $0.11
The Statement of overhead allocated is given below:-
Number of orders = 17
Cost per activity = $0.11
Cost
= 17 × $0.11
= $1.87
Therefore, the overhead is applied to the Tucker family account for order taking costs $1.87
Answer:
the prior year's amount
Explanation:
In financial statements when measuring performance increase the percentage change in various financial statement lines are usually used.
Financial statement lines are individual items on financial statements. For example current assets, current liabilities, and sales.
The percentage change aims to compare increase in a financial statement line item against the previous year's amount.
This will give an idea of how much increase has occurred on previous performance.
So it is calculated by deducting previous year amount from current year amount, then divide by the previous year amount and multiply by 100
Answer:
Life insurance.
Explanation:
Life insurance is defined as a contract that is raised between an individual and an insurance company that guarantees the payment of a particular amount tonthe individual's beneficiary in the case of death. The insurance policy requires premium to be paid on agreed intervals.
Stan and Heidi are both having caterers in business, and death of one of them will lead to decreased income.
To guard against this the couple can purchase a life insurance that will pay beneficiary a guaranteed sum in case of death of one of the partners.
This will ensure there is no sudden drop in their income.
It is an internship because they aren’t paid and they foreshadow someone with the job that they want so A
