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3 years ago

Steele Corporation has the following information for January, February, and March:

Business

1 answer:

frozen [14]3 years ago

7 0

Answer:

d. $2,000 less

Explanation:

The computation is shown below:

<u>Particulars January February March </u>

Units beg.

inventory 0 3,000 4,500

Units produced 10,000 10,000 10,000

Units sold -7,000 -8,500 -10,500

Units ending

inventory 3,000 4,500 4,000

Now

= $4 × (4,500 - 4,000)

= $2,000

So, here the income arise from absorption costing should be lower than the variable costing as the inventory is reduced

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An investment offers $5,700 per year, with the first payment occurring one year from now. The required return is 5 percent. a. W

aivan3 [116]

Answer:

The correct answer is "$44,013.89".

Explanation:

Given:

Investment per year,

= $5,700

Required return,

= 5%

As we know,

⇒ $Present \ value=Investment \ per \ year\times Annuity \ factor$

Or,

⇒ $Annuity \ factor=\frac{1-[\frac{1}{(1+k)}]^n }{k}$

then,

The present value of 10 annual payment will be:

= $5700\times \frac{1-[\frac{1}{(1+.05)}]^{10} }{.05}$

= $44013.89$ ($)

6 0

3 years ago

What is the ground clearance of the Nissan GT-R?

labwork [276]

Answer:

110 mm

Explanation: The Nissan GT-R has a 110 mm ground clearance.

3 0

2 years ago

Gitano Products operates a job-order costing system and applies overhead cost tojobs on the basis of direct materialsused in pro

IgorLugansk [536]

Answer:

$3,400

Explanation:

The computation of predetermined overhead rate for the year is shown below:-

Predetermined Overhead Rate = Estimated Manufacturing Overhead ÷ Estimated Allocation Base × 100

= $119,600 ÷ $92,000 × 100

= 130%

2. The computation of the amount of underapplied or overapplied overhead for the year is shown below:-

Overhead Applied = (Opening Value of Direct Material + Purchase of Direct Material - Closing Value of Direct Material) × Predetermined Overhead Rate

= ($24,000 + $140,000 - $17,000) × 130%

= $147,000 × 130%

= $191,100

Overhead Incurred = $106,300 + $8,000 + $18,000 + $15,000 + $8,200 + $39,000

= $194,500

Underapplied overhead = $194,500 - $191,100

= $3,400

6 0

4 years ago

Employers who require the use of personal mobile devices in the workplace must also reimburse their employees for cellular voice

Inessa05 [86]

False, Employers who mandate the use of personal mobile devices at workplace are not required to pay back their staff members' cellular voice and data costs.

More about mobile devices in the workplace:

Businesses are using mobile devices to increase productivity because the nature of the workplace is changing, altering how, when, and where many of us work.

Despite the fact that mobile solutions have long been a key factor in businesses' success, the pandemic has really brought to light the many ways they boost productivity in the workplace. This occurs at a time when it may be more important than ever for organisations and employees to operate at optimal efficiency.

Learn more about workplace here:

brainly.com/question/4312895

#SPJ4

7 0

2 years ago

Beth needs a new roof. She finds Clancy, a roofing contractor, through an ad he posted in the local newspaper. Clancy paid $60 t

BARSIC [14]

Answer:

The transaction costs associated with this exchange are $155

Explanation:

The computation of the transaction cost which is associated with this exchange is shown below:

= Ad charges in the newspaper + law firm write up charges

= $60 + $95

= $155

It includes various cost like - transportation cost, legal fees, communication charges, etc.

The installation of Beth's new roof is not considered in the computation part because it is not an exchange transaction cost. So, this cost is ignored.

6 0

4 years ago