Sales grow before any new fixed assets are needed is $156,480.
Fixed assets , additionally known as lengthy-lived assets or property, plant, and equipment, are a time period utilized in accounting for belongings and belongings that cannot without difficulty be converted into cash. fixed properties are one of a kind from modern assets, along with coins or bank accounts, due to the fact the latter is liquid belongings.
currently operating = 94 percent
current sales = $740,000
Full capacity sales = current sales/ Current capacity utilisation
= 500000/0.94
= $531,914.89
Percentage of fixed assets to full Capacity Sales = Fixed Assets / full Capacity Sales
= 400000/531914.89
= 0.752
Total Fixed assets Needed for New Sales = 74000*0.752
= 556480
Additional Fixed Assets needed = 556480 - 400000
= $156,480 answer.
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D. The FAFSA form will only be relevant for student aid, and 9th grade is too early to apply for that.
Answer:
The statement that is false about mortgage loans is Advertised rates are annual percentage rates.
Explanation:
Mortgage loan refers to a loan that uses real estate as collateral to receive cash upfront to be redeemed after the loan repayment is completed. if the loan is not remitted as at when due , the lender lays claim to the real estate property.
By increasing the number of payments per year you increase your effective borrowing rate.
When you use a spreadsheet to calculate your interest rates, it uses the periodic interest rate, not the annual percentage rate.
You can find a monthly payment by dividing the annual payment by 12.
However, advertised interest rate are not the same as your loan's annual percentage rate (APR) because other charges like mortgage insurance, closing costs, discount points and loan origination fees apply.
Toilet installation costs range from $224 to $531, with the national average at $372. Plumbers can charge anywhere from $65 to $250 per hour for labor costs.
Option C
Direct labor hours ; Indirect labor is not an example of a cost and its related cost driver
<u>Explanation:</u>
A cost driver triggers a variation in the price of the activity. The idea is everywhere ordinarily employed to allocate aloft prices to the abundance of built assemblies. It can further be related to activity-based costing inquiry to ascertain the circumstances of expenses, which can be done to depreciate overhead prices.
In unusual accounting systems, cost drivers are practically inapplicable in determining the enrichment, Quantity of set-ups, Amount of machine-hours, Amount of labor hours, Abundance of orders bound and uttered.
