Answer:
the total manufacturing cost assigned to Job P90 is $3,792
Explanation:
The computation of the total manufacturing cost assigned to Job P90 is given below:
But before that the predetermined overhead rate should be calculated
So,
= ($2,800,000 ÷ 200,000) + $2
= $16
Now the total manufacturing cost is
= $1,472 + $1,056 + 79 × $16
= $3,792
hence, the total manufacturing cost assigned to Job P90 is $3,792
Answer:
3 years
Explanation:
The computation of the payback period is shown below:
Payback period = Initial investment ÷ Net cash flow
where,
Initial investment is $15,000
And, the net cash flow would be
= Year 1 + year 2 + year 3 + year 4
= $5,000 + $5,000 + $5,000 + $5,000
= $20,000
As we see that the net cash flow is recovered in three years that means net cash flows and the initial investment are equal
So,
Payback period would be
= $15,000 ÷ $15,000
= 3 years
This kind of person in business terminology is called a free rider.
You need to know how many hours it took these workers to make the rugs to determine the labor cost.
Answer: Option (C) is correct.
Explanation:
Given that,
Net cash provided by operating activities = $34
Income taxes = $12
Capital expenditures = $24
Cash dividends = $7
Free Cash Flow = Cash Provided by Operating Activities - Dividends - Capital Expenditure
= $34 - $7 - $24
= $3
Therefore, the company's free cash flow was $3.