Answer:
Administrative costs allocated to Mixing: $96,000;
Administrative costs allocated to Bottling: $64,000.
Explanation:
Total number of employees = Number of employees in Mixing + Number of employees in Bottling = 300 + 200 = 500 employees.
Number of administrative cost allocation per 01 employees = 160,000 / 500 = $320 per employees.
Administrative costs allocated to Mixing = Number of administrative cost allocation per 01 employees x Number of Employees in Mixing = 320 x 300 = $96,000
Administrative costs allocated to Bottling = Number of administrative cost allocation per 01 employees x Number of Employees in Bottling = 320 x 200 = $64,000.
Answer:
$4,392,000
Explanation:
For computing the cost of the goodwill, first we have to calculate the fair value of the net asset which is shown below:
The fair value of net asset = Asset balance + fair value of land - liabilities balance
= $11,450,000 + $690,000 - $4,890,000
= $7,250,000
And, the acquire value is $11,642,000
So, the goodwill would be
= $11,642,000 - $7,250,000
= $4,392,000
Answer:
$55,379.27
Explanation:
Amount of each payment = Principal / PVIFA
Principal = $300,000
PVIFA (r=6%/2=3%, n=3yrs*2= 6) = 5.41719
Amount of each payment = $300,000 / 5.41719
Amount of each payment = $55379.2649
Amount of each payment = $55,379.27
In the financial world, a discount house is a firm that specializes in trading, discounting, and negotiating bills of exchange or promissory notes. Its transactions are generally performed on a large scale with transactions that also include government bonds and Treasury bills.
Answer:
So what is Sheila’s revenue service?
Explanation: