Answer:
under-applied overheads is $1,340
Explanation:
Note : I have attached the full question/similar as an image below.
Actual Overheads = $594,960
Applied Overheads = $594,960 / 22,200 x 22,150 = $593,620
Since,
Actual Overheads > Applied Overheads, overheads have been under-applied.
Amount of under-applied overheads is $1,340 ($594,960 - $593,620).
Answer:
35.29%
Explanation:
Data provided in the question:
Market price of the used book = $85
Discounted price = $55
Now,
The percentage change in the book price will be calculated as:
=
on substituting the respective values, we get
=
= 35.29%
Hence,
the percentage change in the book price is 35.29%
Most operating decisions of management focus on a narrow range of activity called the relevant range of production. This is further explained below.
<h3>What are
operating decisions?</h3>
Generally, Decisions about daily operations are the kinds of particular business choices that are made by every company on a daily basis. There are millions upon millions of these that have been taken, and thousands upon thousands of distinct varieties. Decisions on how to operate day-to-day activities in a firm are called "operational" and are made by a variety of employees.
In conclusion, The majority of operational choices made by management center on a certain subset of activities, which is referred to as the relevant range of output.
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The condition when a payment cap is applied and the required payment does not cover the interest expense, the unpaid interest is added to the loan thereby increasing the loan balance even though the required payment is being made, is known as a negative amortization.
<h3>
What is negative amortization?</h3>
A condition where the amount owed by an individual keeps adding even after the repayments are done is known as negative amortization.
Such condition of a negative amortization arises as the amount being repaid does not fully or partly cover the interest amount.
Hence, the significance of negative amortization is aforementioned.
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Answer:
LLC Description C Corp. Description
(1) Pretax earnings $18,000 4%*$450,000 $18000 4%*$450,000
(2) Entity level tax 0 $2,700 15% × (1)
(3) After-tax entity earnings $18,000 (1) – (2) $15,300 (1) – (2)
(4) Owner tax $5,040 (3)*28% $2,295 (3)* 15%
(5) After-tax earnings $12,960 (3)- (4) $13,005 (3) – (4)
