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3 years ago

The___ shows your company's equity.

Business

2 answers:

Naddik [55]3 years ago

6 0

Answer:

Explanation:

You are correct it is balance sheet :)

Zarrin [17]3 years ago

3 0

Answer:

D. Balance Sheet

Explanation:

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Direct Method, Reciprocal Method, Overhead Rates Macalister Corporation is developing departmental overhead rates based on direc

jeka94

Answer:

Answer is given below.

If you face difficulty in understating the answer, see attached file.

Explanation:

Molding Assembly

Employee A 19 75

Hours B 2180 2180

Toal Labor Hours A*B 41420 163500

Engineering Gen Factory Molding Assembly Total

Budgeted Overheads $ 206,000 $ 395,000 $ 198,000 $ 73,000 $872,000

Engineering Hours 2100 2400 7600 $ 12,100

Square Feet 95850 447300 95850 $639,000

Weights for Direct Method

Engineering Hours 24.00% 76.00%

Square Feet 82.35% 17.65%

Weightes for reciperocal

Engineering Hours% 17.36% 19.83% 62.81%

Square Feet% 15.00% 70.00% 15.00%

1. Direct Method Allocation:

Engineering Gen Factory Molding Assembly Total

Budgeted Overheads $ 206,000 $ 395,000 $ 198,000 $ 73,000 $872,000

Engineering $ -206,000 $ 49,440 $ 156,560 $ -

Gen Factory $ -395,000 $ 325,294 $ 69,706 $ -

Total Overhead a $ 572,734 $ 299,266

Direct Labor Hours b 41420 163500

Overhead Per DLH a/b $ 13.83 $ 1.83

1. Reciperocal Method Allocation:

Engineering 206000+0.15Gen Factory

Gen Factory 395000+0.1736Engineering

Engineering 206000+0.15(395000+0.1736Engineering)

Engineering 206000+59250+0.02604Engineering

0.97396 Engineering 265250

Engineering $ 272,342

Gen Factory 395000+0.1736Engineering

Gen Factory 395000+(0.1736*272342)

Gen Factory $ 442,264 R/Off Gap

Engineering Gen Factory Molding Assembly Total

Budgeted Overheads $ 206,000 $ 395,000 $ 198,000 $ 73,000 $872,000

Engineering $ -272,342 $ 47,266 $ 54,018 $ 171,058 $ -

Gen Factory $ 66,340 $ -442,264 $ 309,585 $ 66,340 $ -

Total Overhead a $ 561,603 $ 310,397

Direct Labor Hours b 41420 163500

Overhead Per DLH a/b $ 13.56 $ 1.90

Part -3

The major advantage of reciprocal method is that it fully takes into account the interdepartmental services

and is therefore considered a more accurate method than direct and step method for departmental cost allocation.

Download xlsx

5 0

3 years ago

M purchases a $70,000 Life Insurance Policy with premium payments of $550 a year for the first 5 years. At the beginning of the

MaRussiya [10]

<span>This is a modified premium life insurance policy. In this case, the premium (the price paid for the insurance during each time period) is fixed for a specific frame (at rates that are usually lower than average), but then (usually) increases after a certain number of months or years to a rate greater than the average.</span>

8 0

3 years ago

A small office building is purchased for $1,200,000 with a balloon mortgage that is due at the end of year 10. Payments are base

anygoal [31]

Answer:

$12,000 during the first year or $1,200 per year during 10 years

Explanation:

The IRS considers mortgage points as interest paid in advance, and generally individuals and small businesses will deduct them entirely during the current year. But the taxpayer can choose to deduct that amount ratably over the life of the loan (in this case 10 years). Of course most people chooses to deduct them completely during the first year because the IRS doesn't recognize any interest.

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3 years ago

About ____ percent of worldwide stocks of tuna, cod, and other large ocean fishes have disappeared in the last 50 years.

ehidna [41]

About ninety percent of worldwide stocks of tuna, cod, and other large ocean fishes have disappeared in the last 50 years.

Despite being present in every ocean in the world, tuna and other fishes have started disappearing. The North Atlantic, South Atlantic, as well as the Mediterranean Sea, have the worst conditions for the majority of fish species.

Bluefin, albacore, and yellowfin tuna stocks have drastically decreased as a result of years of overfishing for American and European markets. Although the Atlantic fisheries is heavily regulated, illegal fishing off the shore of coastal seas persists, particularly close to Africa, where impoverished nations cannot afford the patrols required to execute the law.

However, tuna populations cod and other large fish oceans are declining even in the world's largest oceans, and some face extinction due to the continuous pressure of intensive commercial fishing.

To learn more about overfishing click here :

brainly.com/question/5142437

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1 year ago

After recently having repairs made to a refrigerator, Tammy has found that it has a new problem. Tammy has an opportunity to buy

just olya [345]

Answer: The cost of the previous repairs.

Explanation:

7 0

3 years ago