Answer:
Optimal mix
Reno = 615 units
Tahoe = 0 units
Explanation:
Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource
Product Cont/unit painting hr /unit cont/hr Ranking
Reno $120 4 30 Ist
Tahoe $78 3 26 2nd
The company should use all of its limited 2,460 painting hours to produce the two products as follows:
Reno
= 2460/4
= 615 units of Reno
<em>This is so as long as Billings Company can produce and sell as many units of Reno as it can produce.</em>
Optimal mix
Reno = 615 units
Tahoe = 0 units
Answer:
the budgeted manufacturing overhead for August is $40,030
Explanation:
The computation of the budgeted manufacturing overhead for August is shown below:
= Budgeted manufacturing overhead + direct labor hour rate × direct labor hours for august
= $13,300 + $3.30 × 8,100 hours
= $13,300 + $26,730
= $40,030
Hence, the budgeted manufacturing overhead for August is $40,030
You can fund a four-year college degree by either of the following:
1. Loans
Loans can be acquired through federal aid or private means. They must be paid back with interest when the student has graduated. They are guaranteed by the federal government.
2. Scholarships
Scholarships depends on criterias from who will sponsor it. These criterias may include financial need, merits, field of study, etc. There are those who can help students look for a scholarship that fit them like counselors, the government or its agency, community organizations, etc.
3. Work-study programs
They operate with the financial aid office of the school. However, they require the student's determination and financial needs.
Answer:
Investment balance= $1,028
Explanation:
Giving the following information:
You plan to deposit $ 700 in a bank account now and $ 300 at the end of the year.
Interest rate= 4%
To determine the balance after the second deposit, we need to use the following formula for the first deposit and add the second one:
FV= PV*(1+i)^n
FV= 700*1.04= $728
Investment balance= 728 + 300= $1,028
<span>Potential investment of the Tackle shop = $750000
Depreciation Tax Shield = $35000
Tax Rate for 2016 = 20% => T = 0.2
So we have a equation for depreciation, which goes like
Depreciation Tax Shield = T(Depreciation )
=> 35000 = 0.2(Depreciation)
So the Depreciation = 35000/0.2 which gives $175,000
Depreciation = $175,000
So C is correct.</span>