Answer:
The value of the inventory on November 8 after the sale is $276.
Explanation:
Detailed steps are attached below
Answer:
The correct statements are A, B and C
Explanation:
Accounting plays a important role while running a business as it helps the company in keeping a track of expenditures as well as income, it ensures the statutory compliance.
Provide the owners, managers, investors and creditors reliable information so that could take the decisions.
It summarizes the information and help in conveying the information related to the firm activities.
It records as well as communicate the information regarding the business.
The employee orientation process is intended to aid new hires in becoming acquainted with their positions and organizations.
An entity, such as a business, institution, or association, that is made up of one or more people and has a specific function is known as an organization or organization (Commonwealth English; see spelling variations). The word is derived from the Greek word organon, which also refers to an instrument, an organ, and many tools. Comparatively speaking, consider the idea of social groups, which can encompass non-organizations.
The terms "organizations" and "institutions" can be used interchangeably, but according to Jack Knight, organizations are either a more condensed version of institutions or a group of institutions; the two are different in that organizations comprise internal institutions (that govern interactions between the members of the organizations).
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Answer:
overhead rate = 18 per hours
Explanation:
given data
indirect costs = $396,000
Department DLH Loans Processed Direct Costs
Consumer 14,000 700 $280,000
Commercial 8,000 300 $180000
to find out
overhead rate
solution
we get here overhead rate that is express as
overhead rate = 
...............1
put here value
overhead rate = 
overhead rate = 18 per hours
Answer:
The variable cost per mile is $1.50
The fixed cost element is $2,261
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per hour = (High Total cost - low total cost) ÷ (High miles driven - low miles driven)
= ($15,011 - $13,503) ÷ (8,500 - 7,495)
= $1,508 ÷ 1,005 hours
= $1.50
Now the fixed cost equal to
= High operating cost - (High miles driven × Variable cost per hour)
= $15,011 - (8,500 × $1.50)
= $15,011 - $12,750
= $2,261
