Answer:
allocated during the month 137,600
Explanation:
To determinate the overhead rat, we distribute all the overhead cost over a cost driver. In this case it will be the labor hours
total overhead cost 335,400
direct labour hours 78,000
rate: 335,400 / 78,000 = 4.3
now we calculate the applied overhead
actual hours x rate
32,000 x 4.3 = 137,600
This will be amount allocated to work in process during the month
Answer:
e. Samantha, who quits her job to look for a better one
Explanation:
This is a topic in economics and business that seeks to test your understanding of business cycles. This particular question is on frictional unemployment.
The main feature of frictional unemployment is that there is someone or a group of people who are actively looking for work. They remain unemployed until they find work.
The other answers in the question point to people who are not looking for work and thus do not make up part of the frictionally unemployed population group.
E.g Sylvia quit her job to spend more time with the kids, the college student who quit work to return to school etc... all these are not actively looking for job.
I hope this helps you understand the question better and you can solve similar questions
The purpose of accounting for depreciation is to allocate the cost of a tangible or physical asset over its useful life.
<h3>What is depreciation?</h3>
It should be noted that depreciation simply means the wear and tear of a product based in usage. <em>Depreciation</em> shows how much of an asset has been used.
The scope of generally accepted accounting principles aims to improve the clarity and consistency if the communication of financial information. The five principles include:
Revenue recognition.
Cost principle.
Matching principle.
Objectivity principle.
Full disclosure.
The president’s proposal is within the scope of generally accepted accounting principles. It should be noted that depreciation doesn't guarantee funds.
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The financing cost of Clemson to secure the investment will be $2.2875 million.
<h3>How to calculate the financing cost</h3>
From the information, we've to calculate the simple interest first. This will be:
= PRT/100
= (30 × 0.75 × 8.5)/100
= 1.9125 million
The fee is 1.25% of the issue size. This will be:
= 1.25% × $30 million
= $375000
Therefore, the financing cost will be:
= $1.9125 million + $0.375 million
= $2.2875 million
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