Answer:
$375,000
Explanation:
The computation of the amount included in the natural resource is shown below:
= Cost of land & natural resource rights + cost of extraction during year + equipment used for mining + exploration & drilling cost
= $200,000 + $35,000 + $100,000 + $40,000
= $375,000
Hence, all the cost is inlcuded for natural resource except asset retirement obligation for restoring the land as this is not relevant so we ignored it
Answer:
Whole product thinking
Explanation:
Since in the question it is mentioned that the tool for design thinking would be help for ART at the time of Increment in program planning so that it would delivered a solution i.e. different from competitive offering , the tool i.e. required is whole product thinking as it measures the actual and expected value how such solution would meet the customer needs
Therefore the above is the answer
Answer:
b.$1,657,500
Explanation:
A. Activity rate
Department
Processing
Packaging
Testing
Expected Use of Driver
800
200,000
2000
Cost
1,500,000
15,000,000
600,000
Activity For Sludge (cost÷expected use of driver)
1,875.00
7.50
300.00
B. Allocated cost
Department
Processing
Packaging
Testing
Activity Rate ( Estimated Cost/ Total Activity)
1,875.00
7.50
300.00
Activity For Sludge
500.00
80,000.00
400.00
Allocated Cost ( Activity Rate× Activity for Sludge)
937,500.00
600,000.00
120,000
Total Allocated cost $ 1,657,500.00
Answer:
Absorption and Variable Costing Income:
The true statements are:
D) I and II.
Explanation:
If these two figures (production and sales volumes) are equal, the implication is that there are no beginning and ending inventories of goods. Therefore, the yearly income reported under the two costing systems will be the same.
The claim of statement II is that it is only in the long-run that the total income reported under the two systems will be close to each other. This holds true where there are beginning and ending inventories of goods as established earlier.
Answer: (a) 12.5%;
(b) $153 million
Explanation:
Given that,
Campus Division of All-States Bank,
Assets = $1,800 million
Division profits = $225 million
Cost of capital = 4 percent
(a) Divisional ROI =
=
= 12.5%
(b) Divisional RI = Profits - Assets × cost of capital
= $225 million - $1,800 million × 0.04(4%)
= $225 million - $72 million
= $153 million