Answer:
At the end of the year the Peso Deposit is worth 100 US dollars.
Explanation:
When we open the account 1 dollar is worth 10 pesos. So when we exchange 100 dollars into pesos to open the account we have (100*10)= 1,000 Pesos in our account. The deposit pays us 20% interest rate so at the end of the year we have (1.20*1000) =1200 Pesos at the end of the year. When the year ends 1 dollar is worth 12 Pesos, so when we convert our Pesos into dollars we will have to divide them by 12
Dollars = 1200/12= 100
SO at the year the Peso Deposit is worth 100 US Dollars.
Answer:
See below
Explanation:
a. Given that the overhead application rate is $21.40 per direct labor hour and total labor hours used during the period are 8,250 hours
Overhead applied = $21.40 × 8,250
Overhead applied = $176,550
Actual overhead incurred = $172,500
Then, the manufacturing overhead is over applied for the period by $4,050
I.e
= Overhead applied - Actual overhead incurred
= $176,500 - $172,500
= $4,050
b. With regards to the above, if the over applied overhead is closed out to cost of goods sold, it means that the cost of goods sold amount would decrease . The reason is that since cost of goods sold is deducted from revenue to determine gross margin, a reduction in cost of goods sold would bring about an increase in the company's gross margin for the period by $4,050
Acne company has an agreement with a major credit card company that calls for cash to be <u>a </u><u>variable</u><u> </u><u>cost</u>.
Variable costs are fees that change as the extent of modifications. Examples of variable charges are raw substances, piece-rate hard work, production substances, commissions, shipping fees, packaging materials, and credit card costs. In a few accounting statements, the Variable fees of manufacturing are referred to as the “cost of goods offered.”
A variable cost is a price that adjustments in share to manufacturing output or income. While manufacturing or income boom, variable expenses increase; when production or income lower, variable prices lower.
Variable value system. To calculate variable costs, multiply what it costs to make one unit of your product via the full range of merchandise you've got created. This method looks like this: overall Variable charges = value in keeping with Unit x overall variety of units.
Learn more about variable costs here brainly.com/question/13896920
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Answer:
e. None of the above
300 customers per week
Explanation:
The computation of weekly capacity of the cashier operation is shown below:-
4 Cashiers managed to deliver 40 customers an hour production to the beggars.
So, for 1 cashier the capacity will be 10 customers per hour.
Now, in a week of 5 days and 6 hours per day,
we have a total of 30 hours
The one single cashier the capacity will be
Capacity =Total hours × Customer per hour
30 × 10
= 300 customers per week
Therefore option is not available