<span>Take the required information from the question,
Beginning work in process inventory 61,500
Cost of direct materials requisitioned 91,300
Direct labor incurred 125,000
Cost of goods manufactured 287,000
Cost of goods sold 265,000
Manufacturing overhead rate 125%
Calculating the total labor that is incurred = 125000 x (125/100) = 125000 x 1.25 = 156,250
Process inventory balance at the end = add all the used inventory costs and subtracting the cost of manufactured costs
= $156,250 + 125,000 + 61,500 + 91,300 - 287,000 = $147,050</span>
Answer:
Suppose that last year you borrowed $100 at 5 percent interest to purchase a $100 pair of Nike cross-training shoes. This year you repaid the bank with interest. If the inflation rate was 10 percent last year, your purchase of the shoes would: <u>make you an inflation winner as you saved $5 on the shoes</u>.
Answer:
Actual real after tax rate of return is 0.657%
Explanation:
Use fisher method to compute real return:
=0.00971 or 0.971%
Calculate after tax return as shown below:
Federal tax rate is 28% or 0.28 and state tax is 6% or 0.06.
After tax return = 0.00971×(1 - 0.28) ×(1 - 0.06)
= 0.00657 or 0.657%
Answer: Direct Tax
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B range eliminating the property for the property is right
