Answer: Option (C) is correct.
Explanation:
Given that,
In Dept. A,
Direct labor cost = $60,000
Manufacturing overhead = $90,000
Direct labor-hours = 6,000
Machine-hours = 2,000
In Dept. B,
Direct labor cost = $40,000
Manufacturing overhead = $45,000
Direct labor-hours = 9,000
Machine-hours = 15,000
Predetermined overhead rates in Dept. A = 
= 
= 150%
In dept. B = 
= 
= $3
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$3.20
Take the total sales divided by total customers.
Sales of hotdogs 40* $2 = $80
of grilled cheese 10* $5 = $50
of cheeseburgers 5 * $6 = $30
Total sales $160/50 customer = $3.20/per customer
Answer:
Flexible budget and master budget are very different.
Explanation:
The "master budget" is the sum of all the budgets that are prepared by a company's various departments. They include financial statements that are budgeted, a financing plan and a cash forecast. They are based on one specific level of production.
A "flexible budget" is a budget that changes or adjusts when the level of activity changes. They are dynamic in nature and can be operated on many levels of output. It is realistic and not based on assumption.
Answer:
Explanation:
divide the total taxes 960 by 365 (number of days in the year) to get per day tax which is 2.63$. Days from 1 January to April 15 are 105, these 105 days times 2.63$ =276.15.
so, now we have calculated the amount of taxable by seller at closing date and buyer will receive the same from seller i.e 276.15 $ .
