Answer:
$38.45
Explanation:
The computation of the predetermined overhead rate is shown below:
= Estimated variable manufacturing overhead per machine hour + estimated fixed manufacturing overhead per machine hour
where,
Estimated variable manufacturing overhead = $10.75
Estimated fixed manufacturing overhead is
= $648,180 ÷ 23,400 machine hours
= $27.70
So, the predetermined overhead rate is $38.45
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Explanation:
The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
Answer:
1. Relevance and faithful 2.confirmatory value 3.Comparability 4. fair value 5. material 6. consistency 7. neutrality 8.Full disclosure 9. periodicity 10. Revenue recognition
Answer:
$3.72
Explanation:
earnings per common share = earning attributable to holder of common stock ÷ weighted average number of common stocks outstanding
therefore,
earnings per common share = $3.72
It can affect the company's ability to get a lending (borrow money). It can also affect the chances of finding an investor.
