Money. I'm doing the same subject right now. Feel free to message me if you have any questions.
Answer :$3
Explanation:
Considering the distance between each city the company will charge $3 for the top up on each product they sell. Distance contributes to price difference for industries, as their products are being sold in different location there is usually a need to sell with an additional cost by the company to meet up with needs and adjustment caused by the divers location.
Answer:
$58,000
Explanation:
Data given
Cash Dividends Payable at the beginning = $22,000
Cash dividends declared = $50,000
Cash dividends payable = $30,000
The computation of cash paid for dividends is shown below:-
Cash paid for dividends = Cash Dividends Payable at the beginning + Cash dividends declared - Cash dividends payable
= $22,000 + $50,000 - $30,000
= $58,000
Therefore for computing the cash paid for dividend we simply applied the above formula.
Answer:
$3,438,289
Explanation:
First we need to calculate the future value of investment after 10 years.
A fix payment for indefinite period of time is a perpetuity payment. It will be value using perpetuity formula
Value of investment after 10 years = Yearly cash flow / interest rate
Value of investment after 10 years = $230,000 / 4.5% = $5,111,111
Now we need to discount this value to calculate the amount of deposit required today.
Present value = Future value x ( 1 + r )^-n
Today's value = $5,111,111 x ( 1 + 4.5% )^-9 = $3,438,289
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Western Company allocates $10.00 overhead to each unit produced. The company uses a plantwide overhead rate with machine hours as the allocation base.
Estimated: Department 1 Department 2
Manufacturing overhead costs $250,000 $150,000
Machine hours 15,000 MH ?
We will sum the total overhead and divide it by the overhead rate. Doing this we will determine the total number of machine-hours.
Total machine-hours= 400,000/10= 40,000 hours
Department 2= total machine hours - department 1 machine hours
D2= 40,000 - 15,000= 25,000 machine hours
