Answer:
Allocated MOH= $4,000
Explanation:
Giving the following information:
Machine hours used 1,000 hours
If total manufacturing overhead costs during the month totaled $100,000 when a total of 25,000 machine hours were used
First, we need to calculate the estimated overhead rate:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 100,000/25,000= $4 per machine hour
Now, we can allocate overhead to Product 95:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 4*1,000= $4,000
mr. josh kenney, a u.s. citizen and resident of vermont, owns 100 percent of the stock of jk services, which is incorporated under vermont law and conducts business in four counties in the state.
There are three taxpayers identified in the given situation and these are as follows:
Mr. Josh Kenny
JK Services
JK Realty
Governments with jurisdiction in the given case are as follows:
Mr. Josh Kenny falls under the State of Vermont where he is a resident and
JK Services falls under the State of Vermont where it is incorporated and operates and
JK Realty falls under the City of Boston where it is operates.
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Answer:
the amount that should be invested now is $476,654
Explanation:
The computation of the amount that should be invested now is shown below:
= Payment made each year × (1 - (1 + rate of interest)^-number of years) ÷ rate of interest
= $100,000 × [1 - (1 + 7%)^-6] ÷ 7%
= $476,654
hence, the amount that should be invested now is $476,654
Answer:
The correct option is e) 1.56.
Explanation:
Note: The data in this question are merged together. The complete question with the sorted data is therefore provided before asnwering the question. See the attached pdf file for the complete question with the sorted data.
The explanation of the answer is now provided as follows:
The equity multiplier can be described as a financial leverage ratio gives a measure of the total assets of a company that is financed by the shareholders of the company. This can be calculated using the following formula:
Equity multiplier = Total assets / Total Shareholder's Fund ........... (1)
Where, for Bayside, Inc. in 2010, we have:
Total assets = $6,385
Total Shareholder's Fund = Common stock + Retained earnings = $3,020 + $1,070.00 = $4,090
Substituting the figures into equation (1), we have:
Equity multiplier = $6,385 / $4,090 = 1.56
Therefore, the equity multiplier for 2010 is <u>1.56</u> and the correct option is e) 1.56.
The 3 factors are human resources, natural resources and technological development.
Shortage of skilled labour in an economy reduces considerably the quality and quantity of goods and services that the economy produces.
Effective and efficient exploitation of mineral resources results in tremendous growth in the volume and quality of goods and services.
Technologoal development helps to increase productivity.
