Answer:
Please see the naswer below
Explanation:
Activity-based costing ABC is a method for assigning costs to products, services projects, tasks, or acquisitions, based on the Activities that go into them and the Resources consumed by these activities. Following is the proper order of tasks in an ABC system
1. Identify the primary activities and estimate a total cost pool for each.
2.Select an allocation base for each activity.
3.Calculate an activity cost allocation rate for each activity.
4. Allocate the costs to the cost object using the activity cost allocation rates.
Answer:
D) F.O.B.
Explanation:
Based on the scenario being described within the question it can be said that the included term would be F.O.B. This is a contractual term meaning Free on Board, and immediately specifies that the seller will deliver the goods at their own cost , through a specific route to the destination set forth by the buyer. Once the goods arrive the responsibility is no longer the sellers.
Answer:
24 million shares ; $16 million
Explanation:
The computation of the weightage number of treasury shares are shown below:
Number of shares Price Total
2 $22 $44 million
1 $28 $28 million
Total 3 $72 million
So, the weighted average number of shares would be
= $72 ÷ 3 = 24 million shares
Now the journal entry would be
Cash A/c Dr $64 million (2 million treasury shares × $32)
To Paid in capital - share repurchase A/c $16 million
To Treasury stock $48 million (24 million treasury shares × $2)
(Being the treasury shares are sold)
Answer:
The correct answer is 0.06317911524 or 6.3%.
Explanation:
According to the scenario, the given data are as follows:
FV = $2
PV = $1
Time period (t)= 11 years
So, we can calculate the rate of interest by using following fomula:
FV=PV ( 1 + r ÷12)^12t
By putting the value, we get
$2 = $1 ( 1 + r ÷ 12)^(12 × 11
$2^(1 ÷ 132) = 1 + r ÷ 12
r ÷ 12 = (1.00526492627 - 1)
r = 0.00526492627× 12
= 0.06317911524 or 6.3%
