Answer:
the total stockholders' equity will be $63,400
Explanation:
The Balance Sheet uses the Accounting Equation. Accounting Equation is stated as :
Assets = Equity + Liabilities
Also stated differently the Accounting equation will be
Equity = Assets - Liabilities
Where,
Assets = $68,800
Liabilities = $5,400
Therefore,
Equity = $68,800 - $5,400
= $63,400
Conclusion
The total stockholders' equity will be $63,400
Answer:
$14,76
Explanation:
Using a single plantwide factory overhead rate based on direct labor hours, the factory overhead rate for the year is $14,76.
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Hope this helped
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Answer:
Machine C
Explanation:
The computation of the expected benefit is shown below:
For Machine A
= $45,000 × 90%
= $40,500
For Machine B
= $80,000 × 50%
= $40,000
For Machine C
= $60,000 × 75%
= $45,000
If we see the expected benefit of each machine so we can say that the Machine C has the highest benefit generated from the available ones
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