Answer:
$38,000
Explanation:
The computation of the adjusted basis for her partnership interest at year end is shown below:
= Property contributed + share in income - cash received in distribution
= $40,000 + ($30,000 + $10,000) × 20% - $10,000
= $40,000 + $40,000 × 20% - $10,000
= $40,000 + $8,000 - $10,000
= $38,000
We simply applied the above formula so that the adjusted basis could come
Answer:
<em>Inferential statistics</em>
Explanation:
Inferential statistics are among the two central statistics groups.
To define and draw conclusions about the population, inferential statistics <em>use a representative sample of data gathered from a population. </em>
Inferential statistics are useful when it is not feasible or practical to analyze each participant of a whole population.
Answer:
Borrow $19,500
Explanation:
The movement in the cash balance between the beginning an end of a period may be expressed as
opening balance + cash collection - cash disbursed = closing balance
As such, where the company has $11,000 cash at the beginning of June and anticipates $31,000 in cash receipts and $36,500 in cash disbursements during June, the expected closing balance
= $11,000 + $31,000 - $36,500
= $5,500
If the company is owing the bank $15,000 then the company would still owe
= $5,500 - $15,000
= ($9,500)
If the company is expected to maintain a balance of $10,000, the amount to be borrowed must be $10000 in excess of the amount owed the bank. Hence amount to be borrowed
= $10000 + $9500
= $19,500
Answer:
a. under applied.
Explanation:
For computing, whether it is under applied or over applied first, we have to compute the predetermined overhead rate. The formula is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
Now we have to find the applied overhead which equal to
= Actual direct labor-hours × predetermined overhead rate
So, the ending overhead equals to
= Actual manufacturing overhead - applied overhead
= under-applied
If actual overhead is more than the applied overhead
Answer:
- 50 people/ 60 min= 0.833 people per minute
- Register = 60min per hour/ 30 sec Per hour = 120 orders per hour.
- Making the food = 60 min/ 1.5 min = 40 orders x 2 employes = 80 orders per hour
- Paking the food = 60 min/ 1 min per food = 60 orders per hour
- Complete service= 30 sec + 1.5 min/2 + 1 min = 2.25 min = 26 orders per hour
- 24 people will stay in line
