Answer:
The correct answer is B.
Explanation:
Giving the following information:
The manufacturing of clear glasses takes 45,000 direct labor hours. The traditional method applies $560,000 of overhead based on direct labor hours.
We need to calculate the manufacturing overhead rate:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 560,000/(45,000 + 115,000)= $3.5 per direct labor hour
Now, we can allocate the overhead to clear glasses:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 3.5*45,000= $157,500
There a couple risks for this money making strategy. Two of the most prominent are
1. The housing market doesn't increase and the value of the home either stays the same or decreases.
2. That the house you are investing in doesn't sell quickly enough or at all.
Both of these situations could cause financial loss.
Answer:
Partnership
Explanation:
A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits.
Answer:
c. $5million
Explanation:
Net investment = Gross investment - Depreciation
Also, Net investment equals investment at the beginning of the year minus investment at the end of the year
Net investment = $15million - $10million
Net investment = $5million
Therefore, net investment during the year equals $5million
Answer:
The correct answer is Habitual Practice
Explanation: