Answer:
$35,84 per machine hour
Explanation:
Plantwide overhead rate = Budgeted overheads ÷ Budgeted Activity
where,
Budgeted overheads = $3,600,000 + $880,000 = $4,480,000
Budgeted Activity = 125,000 machine hours
therefore,
Plantwide overhead rate = $4,480,000 ÷ 125,000
= $35,84 per machine hour
Answer:
rust + vinegar = silver gray to black; chewing tobacco + ammonia + water = brown; walnut husks
Explanation:
Answer:
100,000 shares and 80,000 shares
Explanation:
Calculation to determine how many shares were issued and outstanding, respectively
The shares that were issued will be 100,000 shares that were sold to the company's founders while the shares outstanding will be 80,000 shares Calculated as :
Shares outstanding=Shares issued -Shares repurchased
Shares outstanding=100,000 shares-80,000 shares
Shares outstanding =80,000 shares
Therefore the Number of shares that were issued and outstanding, respectively are:100,000 shares and 80,000 shares
Answer:
A decrease of $4,000 which will be deducted from net income.
Explanation:
Since the beginning credit balance of $10,000 in accounts payable is grater than the ending balance of $6,000 in accounts payable, it implies a decrease of $4,000 (i.e. $10,000 - $6,000 = $4,000).
This difference which is a decrease of $4,000 in account payable will be deducted from the net income.
Therefore, Based on this information, the adjustment to net income for the period will be reported as a decrease of $4,000 which will be deducted from net income.
Answer:
The correct answer is A
Explanation:
Price floor, also referred to as the minimum price, which is described as the lower limit placed by the regulatory authority or the government on the price which is per unit of the product or the commodity.
Non- binding price floor, means that the price floor is less than the present price of the market, and the equilibrium price will be more or above the price floor.
So, when the price floor is not binding, then the market will be shortage or less than from the present price.
