Answer:B. overhead applied to the job
Explanation:Applied overhead is the amount of overhead that has been applied to a cost object, in a well performing large business, an applied overhead of 35% of total revenue is considered to be favourable.
The major reason which causes Organisations to make use of a predetermined overhead rate is to assign manufacturing overhead costs to jobs based on certain Regular activities, these activities are; direct labor work hours, machine run time( in hours), or direct labor costs etc.
Answer: $172,000
Explanation:
Its a little bit of a trick question throwing in the Debs that they want to sell for the month.
That figure is irrelevant because we are dealing with fixed costs so the company will still incur them regardless of what they sell.
The components of total budgeted fixed selling and administrative expenses are,
Advertising
Executive Salaries
Depreciation on office equipment and,
Others
Those are the only figures that should concern you. Adding them up would give us,
= 50,500 + 60,500 + 20,500 + 40,500
= $172,000
The total budgeted fixed selling and administrative expenses for February is $172,000
What are you asking in this question I’m just confused, could you write it in the comments
Answer:
Corporate bond pay = 10.169%
Explanation:
Given:
Federal tax = 28%
State tax = 9%
Local income tax = 4%
Municipal bond pay = 6% = 0.06
Corporate bond pay = ?
Computation of Corporate bond pay :
Total taxes rate = 28% + 9% + 4%
Total taxes rate = 41% = 0.41
Corporate bond pay = Municipal bond pay / (1-total tax rate)
Corporate bond pay = 0.06 / (1-0.41)
Corporate bond pay = 0.06 / (.59)
Corporate bond pay = 0.10169
Corporate bond pay = 10.169%
Answer:
Maximum Amount Payable = $8333.33
Explanation:
Perpetual Annuity Payment = $500
Growth Rate = 3%
Discount Rate = 9%
Maximum Amount Payable = Present Value of Perpetual Annuity
Present Value of Perpetual Annuity = Perpetual Annuity Payment / (Discount rate - Growth rate)
Maximum Amount Payable = $500 / (0.09 - 0.03)
Maximum Amount Payable = $500 / 0.06
Maximum Amount Payable = $8333.33
