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3 years ago

how can electricity, communication, and transportation facilities indicate the potential for industrial growth?

Business

1 answer:

pashok25 [27]3 years ago

6 0

Answer:

The more electricity, communications, and transportation used in a nation's economy, it will give them a more developed country and a greater potential for increased industrialization.

Explanation:

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Amazon Company uses predetermined departmental overhead rates based on direct labor cost to apply manufacturing overhead to jobs

Rom4ik [11]

Answer:

a. $270,000

Explanation:

Department A:

Manufacturing overhead=200% of direct labor

80000 = 200% of direct labor

So, direct labor = 80000/200%=$40,000

Department B:

Manufacturing overhead=50% of direct labor

So, Manufacturing overhead = 50%*60000=$30,000

Total manufacturing cost = Material cost + Labor cost + Manufacturing overhead

- Material cost = 50000+10000=$60,000

- Direct labor cost = 40000+60000=$100,000

- Manufacturing overhead = 80000+30000=$110,000

Total manufacturing cost = $60,000 + $100,000 + $110,000

Total manufacturing cost = $270,000

4 0

3 years ago

Technoid Inc. sells computer systems. Technoid leases computers to Lone Star Company on January 1, 2013. The manufacturing cost

Taya2010 [7]

Answer:

b. $3,115,234

Explanation:

Opening Balance as on 01.01.2013 $21,000,000

Less: Payment of First Instalment on 01.01.2013 $3,002,038

Net Balance as on 01.01.2013 $17,997,962

Add: Interest at 9% up to 30.06.2013 $1,619,816

Less: Payment of 2nd instalment on 30.06.2013 $3,002,038

Balance as on 01.07.2013 $16,615,740

Interest at 9% up to 31.12.2013 $1,495,417

Total interest revenue to be reported on the lease during the calendar year 2013 = $1,619,816 + $1,495,417 = $3,115,234

7 0

3 years ago

If your investment doubles in 6 3/4 years, what approximate annual rate of return would you have earned? If you could earn an

Akimi4 [234]

Answer:

annual rate of return = 10.67 %

time required for investment double = 9.60 years

Explanation:

given data

investment doubles = 6 $\frac{3}{4}$ year

annual rate = 7.50%

solution

we get here annual rate of return by rule no 72 that is

investment doubles = $\frac{72}{annual\ return \ rate }$ ........1

put here value

annual rate of return = $\frac{72}{6\frac{3}{4} }$

annual rate of return = 10.67 %

so time required for investment double by rule 72

time required for double investment = $\frac{72}{7.50}$

so time required for investment double = 9.60 years

6 0

3 years ago

The following information is related to Splish Company for 2020.

finlep [7]

Answer:

Net income is $2,034,560.

Explanation:

The multiple-step income statement refers to an income statement that segregates operating revenues and operating expenses of an organisation from its nonoperating revenues, nonoperating expenses, gains, and losses. In addition, gross profit which is net sales revenue minus the cost of goods sold.

The multiple-step income statement is an alternative to the single-step income statement which reports uses just one equation to calculate profits by deducting total revenue from total expenses from segregating them.

The multiple step income statement of Splish Company for 2020 will look as follows:

Splish Company

Income Statement

For the Year Ended December 31, 2020

Particulars $ $

Sales Revenue 34,000,000

Cost of goods sold (21,760,000)

Gross profit 12,240,000

Selling and administrative expenses (6,392,000)

Income from operation 5,848,000

Other revenues and gains

Interest revenue 95,200

Gain on the sale of investments 149,600

Total other revenues and gains 244,800

6,092,800

Other expenses and losses

Write-off of goodwill (1,115,200)

Loss due to flood damage (530,400)

Total other expenses and losses (1,645,600)

Income from continuing op. b4 tax 4,447,200

Income taxes (1,691,840)

Income from continuing operation 2,755,360

Discontinued operation

Loss on disposal (net of tax) (598,400)

Loss on operations (net of tax) (122,400)

(720,800)

Net income  2,034,560 

6 0

3 years ago

From Leland’s gross pay of p dollars last week, t percent was deducted for taxes and then s dollars was deducted for savings. Wh

marusya05 [52]

Answer:

(1) p - s = 244

(2) pt = 7,552

The amount after two deductions is p- (t%)p-s

we get p-s from (1) but we don't know p(t%) , which is insufficient

we get pt from (2) ,it means p(t%)=7552/100 . But we don't know p-s, it is insufficient.

combining the two data, we can get p- (t%)p-s. Therefore, the ans is C

5 0

3 years ago

how can electricity, communication, and transportation facilities indicate the potential for industrial growth?​

how can electricity, communication, and transportation facilities indicate the potential for industrial growth?