Answer:
The correct answer is $70
Explanation:
Giving the following information:
$40.00 of direct materials
includes 20 parts
requires 5 hours of machine time.
Activity (Allocation Base) - Cost Allocation Rate
Materials handling (Number of parts) - $0.50 per part
Machining (Machine hours) - $14.00 per machine hour
Assembling (Number of parts) - $1.00 per part
Packaging (Number of finished units) - $2.00 per finished unit
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Machining= 14*5hours= $70
Answer:
Depreciation / Amortization
Explanation:
Depreciation is an accounting concept that describes the process of allocating the cost of an asset over its meaningful life. Assets require a substantial amount of capital investments. Expensing the entire cost of an asset in one financial year is against the income and expense matching principle.
The business spreads the cost of the asset in each year that the asset is expected to generate revenue. The cost of the asset is divided equally with the number of its useful years. At the end of each year, the depreciation amount is charged to the profit and loss statement of the business.
Depreciation is the term used for tangible assets, while amortization is used for intangible assets. The two operate on the same concept.
Cash cows are typically found in the Maturity stage of the industry life cycle.
What is industry life cycle?
A business or industry's development based on its stages of growth and decline is referred to as going through its industrial life cycle. The four stages of an industry's life cycle are introduction, growth, maturity, and decline.
How is the industry life cycle used?
An industry's life cycle has four phases: expansion, peak, contraction, and trough. Where a firm is in the cycle will be determined by the analyst, who will then utilize this knowledge to forecast future financial performance and calculate forward valuations (e.g., forward price-earnings ratios).
Why is industry life cycle important?
You can learn vital information from industry cycles about supply networks, corporate strategy, and earnings as well as growth possibilities, opportunities, and obstacles. The business cycle has an impact on both firm strategy and earnings.
Learn more about industry life cycle: brainly.com/question/28072264
#SPJ4
In 1679 , New hemisphere was separated from Massachusetts.
New hemisphere become a royal colony of the british crown.
Answer:
Explanation:
Cash flow statement should include items that are either received or paid for in cash. In the given case, the following items have been incorrectly reported
Issuance of Note for Truck is a non-cash transaction as well as Purchase of Truck with a Note. There is no cash involved with either transaction. Depreciation is listed in the sources of cash however depreciation is a non-cash operating expense and should not be included. The organization of the statement of cash flows presented in the question is not correct as well. Once organized in the correct manner and adjusted for the depreciation correctly the result is net increase in cash at 119,000 not 109,000. This shows that the Cash flow from operating activities provides a net income of -33,000 which is a loss
