Answer:
1st rank Line 3
2nd rank Line 1
3rd rank Line 2
4th rank Line 4
Explanation:
Using a spreadsheet approach all of the costs information can be set in excel such that it starts with costs of direct materials followed by the cost of direct labor with summing up to be prime costs of production.
However,the total indirect is then apportioned to the product in proportion of the product's total direct costs(the prime costs) as done in the attached spreadsheet.
The manufacturing cost per unit is the total manufacturing costs divided by annual production in each case.
Find attached.
Answer:
Return on investment= 87.87
%
Explanation:
Dollar return on investment is the sum of the capital gains and the dividend received all expressed as a percentage of the cost of the investment.
Total cost = 250×104.32=26,080
Total capital gain = (193.65- 104.32)× 250 = 22,332.5
Dividend = $2.34 per share×250 = 585
Dollar return on Investment = (585
+22,332.5)
/26080
× 100
= 87.87
%
Answer:
The proper amount of expenses to be included in the income statement for the year is $6,650
Explanation:
The computation of the expense amount which is included in the income statement is shown below:
= Repair expenses + electricity bill + insurance expense
= $4,650 + $800 + $1,200
= $6,650
The insurance expenses are given for the three months but we have to calculate for the 2 months only
So for two months = $1,800 × 2 ÷ 3 = $1,200
And, the wages are given for the last year which is not included in the income statement as it shows outstanding wages. So, we do not consider it.
Answer:
$181
Explanation:
Given that,
Beginning:
Income tax payable = $54
Deferred tax liability = $75
Ending:
Income tax payable = $34
Deferred tax liability = $145
Tax expenses during the year = $231
Amount of tax paid during the year:
= Tax expenses during the year + (Beginning - ending tax payable) - (Ending - Beginning deferred tax liability)
= $231 + ($54 - $34) - ($145 - $75)
= $231 + $20 - $70
= $181
Answer:
a trade surplus and positive net exports.
Explanation:
If a country sells more goods and services to foreign countries than it buys from them, it means the country's export is greater than its import. If export is greater than import, net exports (export- import ( would be postive.
Also, there would be a trade surplus.
A trade surplus is when the value of export is greater than imports.
I hope my answer helps you
