Answer: A. True
Explanation:
The variable overhead efficiency variance is the difference between the actual and budgeted hours worked, which are then applied to the standard variable overhead rate per hour
Answer:
C. $3,000
Explanation:
Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.
It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset
Mathematically,
Depreciation = (Cost - Salvage value)/Estimated useful life
Given that On January 1, Year 1, Sophia Company purchased an asset that cost $100,000. The asset had an expected useful life of five years and an estimated salvage value of $20,000,
Annual depreciation
= ($20,000 - $4,000)/8
= $2,000
At the beginning of the 3rd year, the carrying amount of the asset
= $20,000 - 2($2,000)
= $16,000
Since the company revised its estimated total life of 6 years, annual depreciation will be (including year 3)
= ($16,000 - $4,000)/4
= $3,000
Answer:
What I think it's C if it's not I probably think it's gonna be D
Answer:
$10,670 million
Explanation:
The computation of the free cash flow is shown below:
= EBIT × (1 -Tax Rate) + Depreciation & Amortization - Change in Net operating Working Capital - net capital Expenditure.
= $12,600 million - $0 - $1,890 million - $40 million
= $10,670 million
We simply deduct the increase in net operating capital and the net capital expenditure from the EBIT after tax so that the accurate amount can come
All other information which is given is not relevant. Hence, ignored it
