Answer:
Overhead rate= 34.24
Explanation:
Giving the following information:
Labor-hours for the upcoming year at 38,600.
The estimated variable manufacturing overhead was $5.90.
The estimated total fixed manufacturing overhead was $1,093,924.
Overhead rate= Estimated indirect cost/allocation measure
Overhead rate=[(38600*5.90+1093924)]/38600= 34.24
Answer:
B) Inventory turnover ratios
Explanation:
Inventory turnover measures how many times a business sells and replaces its merchandise or materials inventory during an accounting period, usually a year.
One of the basic goals of JIT is to lower the total inventories in a company, therefore increasing the inventory turnover ratio. This reduces the company's operating costs.
Answer:
The human life value approach looks forward for information.
and
The capitalization of income approach looks at right now only for information.
Explanation:
A life insurance is a form of agreement entered into by an individual and an insurance firm whereby some amount is to be paid to the next of kin of the individual under the insurance. It can also be in the form of payment of bills in the case of the illness of the individual under insurance.
The individual either pays in batches or a one time payment to the insurance agency.
The individual current value is normally considered in analysing his assets and income.
Answer:
The correct answer to the following question will be "$5427".
Explanation:
The given expenditures are:
Temporary director's as well as organisational meetings expenditures = $8000
Fee payable to either the incorporation province = $2000
Incident accountants for organisation = $3500
Legal resources and by-laws for writing the company charter = $4300
So that total qualifying expenses will be :
⇒ $17,800
Now,
Deduction regarding section 248 election:
Immediate expensing = $5000
Amortization = 
On putting the values in the above formula, we get
⇒ = 
⇒ = $
Hence the deduction on election regarding section 248 = $5,427
