Answer:
A) 500,000 units
Explanation:
Calculation to determine what the number of units it would have to manufacture during the year would be:
Using this formula
Units produced= Finished goods Ending inventory+Units sold-Finished goods Beginning inventory
Let plug in the formula
Units produced = 60,000 + 510,000 − 70,000
Units produced = 500,000 units
Therefore the number of units it would have to manufacture during the year would be:500,000 units
Answer:
a. under applied.
Explanation:
For computing, whether it is under applied or over applied first, we have to compute the predetermined overhead rate. The formula is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
Now we have to find the applied overhead which equal to
= Actual direct labor-hours × predetermined overhead rate
So, the ending overhead equals to
= Actual manufacturing overhead - applied overhead
= under-applied
If actual overhead is more than the applied overhead
Total assets = Current assets + Fixed Assets
Total assets = 6000+25100
Total assets = 31,100
Total liabilities = Current liabilities + Long term debt
Total liabilities = 4950+12000
Total liabilities = 16,950
According to accounting equation, stockholder's equity = Total assets - total liabilities
Stockholder's equity = 31,100-16,950 = 14,150
Value of Stockholder's equity = $14,150
The answer is False. Wages from an employer are not the only source of income.
Answer:
A. By setting it at a specific value based on another currency
Explanation:
