Answer:
Unocal was attracted to Burma for several reasons. First, labor was cheap and relatively educated. Second, Burma was rich in natural gas resources. Third, Burma was an entry point into other international markets, particularly in and around Southeast Asia. Finally the political environment was extremely stable.
Explanation:
Answer:
Direct material cost = $112,000
Explanation:
<em>Pre-determined overhead absorption rate rate = Estimated overhead for the period / estimated direct material cost</em>
Pre-determined overhead absorption rate rate (OAR= 75% of direct material cost
Applied overhead = OAR × direct material cost
Applied overhead = 75% × direct material cost
Let direct material cost be represented by y
84,000= 75% × y
y = 84,000/75%= 112000
Direct material cost = $112,000
Answer:
$0
Explanation:
Alamos Co. exchanged equipments and $18,200 cash for a similar equipment
The book value of the old equipment is $81,100
The fair value of the old equipment is $91,900
The gain/loss recorded by Alamos can be calculated as follows
= Fair value-book value
= $91,900-$81,100
= $10,800
= $10,800
But since the exchange lacks a commercial substance then, no amount of gain or loss will be recognized/recorded.
Hence Alamos Corporation recorded a gain of $0
