Answer:
Allocation rate Machining= $50 per machine hour
Explanation:
Giving the following information:
Estimated Machining cost= $4,000,000
Estimated Number of machine hours= 80,000
<u>To calculate the allocation rate for the Machining department, we need to use the following formula:</u>
Allocation rate Machining= total estimated costs for the period/ total amount of allocation base
Allocation rate Machining= 4,000,000 / 80,000
Allocation rate Machining= $50 per machine hour
Answer:
The correct answer is e. All of these choices are correct.
Explanation:
The efficient execution of the strategy depends to a large extent on competent personnel, more adequate competencies and competitive capacities, and an effective organization. Therefore, developing a capable organization is always a priority of strategy implementation.
There are three types of organizational development that are of utmost importance.:
- Select capable people for key positions.
- Ensure that the organization possesses the core skills, competencies, administrative talents, technical knowledge, competitive capabilities, and resource strengths it needs.
- Organize business processes, value chain activities and decision making in a way that leads to successful execution of the strategy.
They could do $1,500 a month payment to the renter.
Answer:
Option (c) is correct.
Explanation:
Given that,
Sales = $ 2,000.00
Costs = 1,400.00
Depreciation = 250.00
EBIT = $ 350.00
Interest expense = 70.00
EBT = $280.00
Taxes (25%) = 112.00
Net income = $168.00
Net operating profit after taxes (NOPAT):
= EBIT × (1 - tax rate)
= $350 × (1 - 25%)
= $350 × 0.75
= $262.50
Therefore, the net operating profit after taxes (NOPAT) is $262.5.
Answer:
July 31
Shrinkage Expense $1,800 ($44,300 - $42,500)
Inventory $1,800 Reflects the loss on inventory account.
Explanation:
When the company conduct a physical inventory of their merchandise, most of the time there are discrepancies between physical counts and books values, then it's necessary to reflect that in the accounting,
The correct way is to reflect the difference as a loss in there is less units of goods or as profit if there more units, it's mostly a loss because of damage or theft.
To this case the total amount on the books on July 31 was $44,300 but when the physical counts was made the result was a total value of $42,500, the difference of $1,800 it's reported as a loss to the company in the income statement.
