The difference between the realized overheads and the estimated overheads is the total overhead cost.
<h3>What are total overhead costs?</h3>
Total overhead costs are identified as the costs related to administration, sales, marketing, and production. Before the total overhead costs are realized, a budget regarding estimated costs is prepared.
The calculation of the total overhead costs is actual overhead costs less the budgeted overhead costs.
Hence, the aforementioned statement regarding total overhead costs holds true.
Learn more about total overhead costs here:
brainly.com/question/13018280
#SPJ1
Answer:
D. define the project
Explanation:
The project is defined in the initiation phase.
The Project Initiation Phase is the 1st phase in the Project Management Life Cycle, as it involves starting up a new project. You can start a new project by defining its objectives, scope, purpose and deliverables to be produced.
Answer:
$708,000
Explanation:
The computation of Investment in Evan Company balance is shown below:-
Purchase of Evan stock = $600,000
Book Value of Evan Stock = Net assets - Given percentage
= $1,200,000 x 40%
= $480,000
Goodwill = Purchase of Evan stock - Book Value of Evan Stock
= $600,000 - $480,000
= $120,000
Life of Goodwill is Indefinite
Annual Amortization is Zero
Cost = $600,000
Income Accrued 2017 = Net income × Given percentage
= $140,000 x 40%
= $56,000
Dividend 2017 = Cash dividend × Given percentage
= $50,000 x 40%
= $20,000
Income Accrued 2018
= $140,000 x 40%
= $56,000
Dividend 2018
$50,000 x 40%
= $20,000
Income Accrued 2019
= $140,000 x 40%
= $56,000
Dividend 2019
$50,000 x 40%
= $20,000
Equals Investment in Evan, 31/12/2019 = Purchase of Evan stock + Income Accrued 2017 - Dividend 2017 + Income Accrued 2018 - Dividend 2018 + Income Accrued 2019 - Dividend 2019
= $600,000 + $56,000 - 20,000 + 56,000 - 20,000 + 56,000 - 20,000
= $708,000
