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Mashutka [201]
2 years ago
5

The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of compu

ting the company's predetermined overhead rate for the year. The predetermined overhead rate is closest to:
Business
2 answers:
salantis [7]2 years ago
7 0

Answer:

hejjhenenshnwhajwjejehhesnwnw

erica [24]2 years ago
7 0

Answer:

I don't know hohihihihihihi

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A storage tank acquired at the beginning of the fiscal year at a cost of $90,000 has an estimated residual value of $12,000 and
MrRa [10]

Answer:

The annual depreciation under straight line method is $3,120

And under double-declining method:

Year 1 = $7,200

Year 2= $6,624

Explanation:

Please find the attached for the calculations

7 0
3 years ago
A common error the auditor may find during the audit of property, plant, and equipment is that the client neglected to make a jo
inna [77]

Answer:

In the current case, the CPA checked the initial adjusts of property, plant and gear during his first year of commitment. Presently during his subsequent year, he goes over certain things which may expect him to change his review systems.  

Part  1.

At the point when the associate controller expressed that "they had such a large number of additional items lying around", the CPA would have realized that numerous additional printers and the scanners are there in the organization. As the organization isn't a misfortune making endeavor or scaling down, there is no purpose behind this to occur, other than that the organization has bought new printing and examining hardware.  

Thus, numerous old printers and scanners have gotten out of date and now are lying around being pointless.  

Additionally, as the CPA would have entered the customer office and had introductory conversations with the administration, before beginning of the review strategies, he would have seen the numerous scanners on every representative's work area, yet no printer. That also have cautioned the CPA with respect to the organization's difference in hardware use.  

Part 2.

Presently, as the organization has bought numerous new gear, the review technique which can be included are:  

  • Verify the physical gear with the solicitations being entered in the framework  
  • The sensibility of the new buys  
  • The treatment of the old gear, regardless of whether disposed of and discounted from the books or not  
  • The cost booked in the benefit and misfortune account, for the gear lying around the workplace, yet with no utilization and scrap esteem left  
  • As the organization has rolled out numerous improvements with the benefits of the organization, physical check of the advantages ought to be certainly considered in the review program  

Part 3.

The cost in regards to the new gear in the financials would have furnished the CPA with the data that organization has brought about costs on the new hardware.  

The expanded devaluation cost would have raised the doubt.  

The conversations with the administration about the general working of the organization and the advancement of the organization would have featured this point in the discussion.  

Other than this, irregular voyage through the workplace and conversations with not many of the representatives would have featured this act of the organization to the examiner.

6 0
3 years ago
If the government increases its spending when the economy is expanding, automatic stabilizers _____ the government spending mult
SVETLANKA909090 [29]

Government increases its spending when the economy is expanding, automatic stabilizers increase the government spending multiplier.

Automatic stabilizers offset fluctuations in economic interest without direct intervention by policymakers. when incomes are excessive, tax liabilities rise and eligibility for authorities blessings falls, with no trade in the tax code or other legislation.

All through a monetary increase, automated stabilizers enable the government to chill off expansion or even fight inflation. while earnings fall, the identical stabilizers can position cash returned in the machine by means of tax refunds, welfare assessments, and other strategies to permit huge quantities of government spending.

Learn more about the government stabilizers here:brainly.com/question/25558588

#SPJ4

4 0
1 year ago
Ontario has provided the following year-end balances: Cash, $24,000 Patents, $7,900 Accounts receivable, $9,100 Property, plant,
nignag [31]

Answer:

$110,400

Explanation:

The computation of the net non-current assets is shown below:

= Patent + Property, plant, and equipment - accumulated depreciation + trade marks + goodwill

= $7,900 + $98,900 - $20,000 + $13,600 + $10,000

= $110,400

5 0
2 years ago
What are some Excel functions that a financial planner might use or need?
alexandr1967 [171]
1. Vlookup and Hlookup
2. Pivot table
3. some IF functions such as countif, countifs

7 0
3 years ago
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