Answer: The earliest the funds could be disbursed would be Wednesday the 6th.
Explanation:
Federal holidays and Sundays are not counted when considering the 3business days rescission period for loans principal residences. The borrower has the opportunity till midnight on these 3 business days after landing papers are signed, the days are Saturday, Monday and Tuesday. With this consideration's, the earliest the funds could be disbursed would be Wednesday the 6th.
Answer:
Predetermined overhead rate=$19.5/machine hour
The company applied $877500 to the units produced.
Explanation:
a) Pre-determined overhead rate= <u>Budgeted overhead manufacturing cost</u>
Estimated number of machine hours
=975000/50000=$19.5/machine hour.
b)Applied overhead = Pre-determined overhead rate * Actual machine hours
= 19.5 * 45000
=$877500.
c.
In traditional costing we use as base for calculating overhead rate is machine hours or labor hours but in activity based costing we identify activity that consume resources,identify cost driver of each activity,compute cost rate per cost driver unit and finally assign cost to products by multiplying cost driver rate.
Predetermined overhead rate= estimated overhead/Estimated base (cost driver).
The value of a bank's assets is than its liabilities, the bank is said to be <u>solvent</u>
<h3>What is assets?</h3>
Any resource that a company, an organization, or an economic body owns or controls is considered an asset. It encompasses everything that has the potential to generate gains in the economy. When turned into money, assets indicate the worth of ownership.
<h3>What do you mean by solvent in accounting?</h3>
A company's capacity to fulfill its short-term and long-term financial commitments is known as its solvency. One indicator of a company's financial health is its level of solvency, which reveals whether it will be able to continue running its business into the near future. Ratio analysis is a tool investors can use to assess a company's solvency.
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Answer (1)
<em>False</em>
Explanation:
Getting a paycheck is not what most people want out of their job, <em>studies have shown that some people, contrary to the general believe actually look for other things asides paycheck from their jobs.</em> Some of these factors that encourages people into finding fulfillment in their jobs includes permanent flexibility of the working time, commitment into to health and well being of the staffs by the employer of these people, etc. <em>This factors creates a sense of purpose in the workers, encouraging them to put their body and soul into the job without thinking too much about the paycheck.</em>
Answer (2)
<em>True</em>
Explanation:
<em>Different people have different reasons for working</em>, although some just work for the paycheck, others are driven by a sense of purpose among other things. To some people, the work setting provides a sort of belonging and gives them the impression of working in a team, which is what most people actually want.
Answer (3)
<em>2. Belongingness</em>
<em></em>
Explanation:
As stated, some workers just want the setting that provides a sense of belonging and security within a team. <em>This type of workers are not too concerned with the paycheck increase that comes with a promotion if it takes them away from their perceived team.</em>
