Answer:
$2,000 biweekly; hourly rate 10 hours; overtime is 8 hour
Explanation:
Sorry if this is worng I pretty sure I am right. Sorry, I did this qustion last year and I may have got something worng above so use this anwser if you would like.
Based on the details given, the following are true:
- 1. Incremental manufacturing cost = $14.60
- 2. Incremental cost = $17.50
<h3>Incremental manufacturing cost if production increased from 20,250 to 20,251</h3>
The fixed cost will not change as the production amount is still below 24,500 units. Incremental manufacturing cost will therefore be:
= Direct material + Direct labor + Variable overhead
= 7.70 + 4.70 + 2.20
= $14.60
<h3>Incremental cost for increased from 20,250 to 20,251</h3>
This will include all costs that are not fixed.
= Incremental manufacturing cost + Sales commissions + Variable admin expense
= 14.60 + 1.70 + 1.20
= $17.50
Find out more on incremental manufacturing cost at brainly.com/question/8527680.
Answer:
The entry should be:
c. Debit Cash $45,731.25; credit Interest Revenue $731.25; credit Notes Receivable $45,000
Explanation:
Jasper makes a cash loan to Clayborn Co.. This is a Notes Receivable of Jasper.
The amount of the loan is $45,000
Tern of the loan is 90-day and interest rate is 6.5%
The interest amount Jasper receives on maturity date:
$45,000 x 6.5% x 90/360 = $731.25
The entry should be:
Debit Cash $45,731.25
Credit Interest Revenue $731.25
Credit Notes Receivable $45,000
ANSWER 1. Capital
EXPLANATION: Calculating capital is necessary for a business. It is the basic duty of an entrepreneur to calculate capital before starting any business to check the financial capacity of the entrepreneur. Calculating capital also helps to estimate if any outside finance is necessary to start the business.
ANSWER 2: Set of Services
EXPLANATION: Choosing and categorizing set of services is necessary before starting any business. This will help in acquiring expert and trained set of labors to carry out the work. The clients will also come to know of the services that are available in the business. Expert and trained set of labors are difficult to find in any market.
ANSWER 3: Total Cost of Ownership
EXPLANATION: Total cost of ownership is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or system. Each and every piece of equipment that Anita buys is added to the cost of the ownership of the business.