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2 years ago

Type the correct answer in the box. Spell all words correctly.

Business

1 answer:

Cerrena [4.2K]2 years ago

3 0

Explanation:

Donna is going to engage in

buying <u>raw materials</u>?

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EcoFabrics has budgeted overhead costs of $1,077,300. It has allocated overhead on a plantwide basis to its two products (wool a

sveta [45]

Answer:

(a) $1.8 per machine hour

(b) $390 per setup

Explanation:

Given that,

Overhead allocated to the cutting cost pool = $410,400

Overhead allocated to the design cost pool = $666,900

Total machine hours = 228,000

Total number of setups = 1,710

Under activity based costing,

Overhead rate for cutting:

= Overhead allocated to the cutting cost pool ÷ Machine Hours

= $410,400 ÷ 228,000

= $1.8 Per Machine Hour

Overhead rate for design:

= Overhead allocated to the design cost pool ÷ Number of Setup s

= $666,900 ÷ 1,710

= $390 per set up

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3 years ago

Illinois Woodworking Company is preparing its statement of cash flows using the indirect

loris [4]

Answer:

A) The cash receipt of $6490 is shown as a positive cash flow in the investing activities section.

Explanation:

The neet book value of the equipment sold, is a non-cash item, so all the money reveiced from the sale is reflecting on as a positive cash flow in the financing activities section.

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3 years ago

Read 2 more answers

Sports Corp has 11.7 million shares of common stock outstanding, 6.7 million shares of preferred stock outstanding, and 2.7 mill

katrin2010 [14]

Answer: 10.34%

Explanation:

First calculate the value of the company's total capital:

= Common stock + Preferred stock + Debt

= (11,700,000 * 26.70) + (6,700,000 * 14.20) + (2,700,000 * 96.83/100 * 1,000 par value)

= $3,021,940,000

The weight to be used for common stock is:

= Common stock value / Total capital value

= (11,700,000 * 26.70) / 3,021,940,000

= 312,390,000 / 3,021,940,000

= 10.34%

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3 years ago

What role do executive agencies play in developing the federal budget?

Nikitich [7]

Answer:

Explanation:

Just answered it

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2 years ago

Last year, Mountain Top, Inc., purchased a coal mine at a cost of $900,000. The salvage value has been estimated at $100,000. Th

melisa1 [442]

Answer:

The Journal entry is as follows:

Depletion expense - Coal Deposit A/c Dr. $280,000

To Accumulated depletion -Coal Deposit $280,000

(To record the depletion expense for the current year)

Workings:

Depletion per ton = (cost - Salvage) ÷ Total units of production

= ($900,000 - $100,000) ÷ 200,000

= $4 per ton

Depletion expense = Tonnage tons mined current year × Depletion per ton

= 70,000 tons × $4

= $280,000

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2 years ago