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KATRIN_1 [288]
3 years ago
7

30points

Business
1 answer:
koban [17]3 years ago
8 0

Answer: C

Explanation:

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The following balances have been taken from the general ledger for CCC Manufacturing Company:
Genrish500 [490]

Answer:

FOH rate based on direct labor cost is 22.8%.

Explanation:

The computation of the factory overhead rate based on the direct labor cost is as follows:

Factory Overhead (FOH) Rate on Direct Labor Cost is

= Total Estimated Factory Overheads ÷  Direct Labor Cost × 100

= [$32,000 + $25,000] ÷ $250,000 × 100

= $57,000 ÷ $250,000 × 100

= 22.8%

Therefore, FOH rate based on direct labor cost is 22.8%.

8 0
3 years ago
The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were origina
ruslelena [56]

Answer:

55,000 shares

Explanation:

Given that

60000 shares were originally given

5000 were subsequently reacquired

Thus. Net number of shares issued

= number of shares originally issued - number subsequently reacquired

= 60000 - 5000

= 55,000

Number of outstanding shares therefore is 55,000.

NOTE that, outstanding shares refer to the number of shares that has been issued, purchase or authorized by investors, that is, the number of shares currently held by all is shareholders.

3 0
3 years ago
A city starts a solid waste landfill during 2017. When the landfill was opened the city estimated that it would fill to capacity
Allushta [10]

Answer:

The interpretation of the particular question is outlined in the following segment on the clarification.

Explanation:

The facility was indeed 20 percent full by either the end of December 2017 therefore the 3,00,000 would still have been recognized as an expenditure.

The facility also seems to be 45 percent complete at either the end of 2018, meaning that the 3,75,000 will have been accepted as expenditures,

⇒  1,500,000\times (45 \ percent-20 \ percent)

By most of the end of the decade, the financial sheet provides a snapshot 6,75,000 although this debt would be,

⇒  1,500,000\times 45 \ percent

So 3,75,000 should have been shown as the cost of the rest in the financial information for 2018, as well as 6,75,000 would have been shown as contractual obligations.

6 0
3 years ago
If you injure yourself bungee jumping and sue the bungee jumping company, what might the bungee company claim in defense?
Digiron [165]
<span>The bungee company can claim you knew the risks of bungee jumping as the jumper signed and complied with all the paperwork and consent forms before performing the jump.</span>
4 0
4 years ago
Which of the following statements indicate a disadvantage of using the regular payback period (not the discounted payback period
Olin [163]

Answer:

A & C are correct

Explanation:

Payback period is a capital budgeting technique used to determine the number of years it would take a project cash inflows to fully recover the initial amount invested. Since it involves basic addition of subsequent expected cash inflows to determine at what point in time the balance changes from negative to positive ,regular payback period does not take into account the time value of money.

Additionally, payback period determination ignores future cashflows after the balance has changed from negative to positive. Due to this reason, it does not take into account the project's entire life.

6 0
3 years ago
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