Answer:
The correct answer is A.
Explanation:
Giving the following information:
Estimated overhead= $800,000
Total estimated direct labor hours= 4,000
Direct labor hours Beta= 1,200
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 800,000/4,000= $200 per hour
Now, we can allocate overhead to Beta:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 200*1,200= $240,000
Answer:
A. Yes
B. $170,000
Explanation:
A. Yes For consolidation purposes, the direction of the transfers for either upstream or downstream does affect the balances to be reported here reason been that when calculating the noncontrolling interest balances in a situation where it is present we have to taken into consideration the deferral of unrealized gross profits on upstream sales where Downstream on the other hand are assigned to the parent in which they will be viewed as if they have no any impact on the outside interest.
B. Preparation of a consolidated income statement for the year ending December 31, 2018
AKRON, INC. AND CONSOLIDATED SUBSIDIARY
Income Statement Year Ending December 31, 2018
Sales $1,380,000
[1,100,000+(600,000-320,000)
Less Cost of goods sold ($575,000)
(500,000+50,000+15,000)
Gross profit $805,000
($1,380,000-$1,380,000)
Operating expenses 635,000
(400,000+220,000+15,000)
Consolidated net income $170,000
($805,000-635,000)
Therefore Consolidated net income will be $170,000
Answer:
Climate segmentation
Explanation:
Climate segmentation -
It refers to the practice of focusing a particular weather , in order to sell goods and services according to the respective climate , is referred to as Climate segmentation .
In this method potential people are targeted on the basis of the requirement of goods for a particular weather .
Hence , from the given scenario of the question ,
The correct answer is Climate segmentation .
Answer:
$ 67,196
$132482
$88,727
$131,761
Explanation:
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m =number of compounding
$50,000 x ( 1 + 0.06/2)^10 = $67,196
$60,000 x ( 1 + 0.08/4)^40 = $132,482
$40,000 x (1 + 0.1/12)^96 = $88,727
$80,000 x ( 1 + 0.05 /12) ^120 = $131,761
