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2 years ago

When and under which Act citizen investment trust was established ?

Business

2 answers:

Verizon [17]2 years ago

5 0

Answer:

18th March, 1991

Explanation:

Hope this helps~! :)

nirvana33 [79]2 years ago

3 0

18th March, 1991

Citizen Investment Trust (Nagarik Lagani Kosh), a statutory institute under Citizen Investment Trust Act, 2047, has ownership of Nepal Government as a public financial organization. It was established on 18th March, 1991(4th Chaitra, 2047B. S) as an autonomous body.

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Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. A

Darya [45]

Answer:

Overhead rate for ordering and receiving = $300 per order.

Explanation:

Given Activity costs and activity drivers

Activity Overhead Cost Driver Activity

Ordering & Receiving Order $150,000 500 orders

Machine Setup $324,000 450 setups

Machining $1,587,500 125,000 MH

Assembly Parts $1,260,000 1,000,000 parts

Inspection $330,000 500 inspections

Under activity based costing the rates are based on the nature of activity and the rates are based on number of those activities per driver. As for ordering and receiving there are total of 500 orders and total cost = $150,000 that is cost per order will be computed.

Overhead rate for ordering and receiving = $150,000/500 orders = $300 per order.

6 0

3 years ago

How does the existence of black market work against the intended purpose of rationing

zlopas [31]

Idk I don't know this question I'm not a 8th grader

5 0

3 years ago

The rate established at the beginning of a period that uses estimated overhead and an allocation factor such as estimated direct

Bumek [7]

Answer:

Predetermined overhead rate

Explanation:

The predetermined overhead rate is the rate that is computed by taking the estimated manufacturing overhead and the same would be divided by allocation factor that could be estimated direct labor, estimated direct hours, etc in order to assign the overhead cost

So according to the given situation, the first option is correct i.e. predetermined overhead rate

5 0

3 years ago

Your buddy in mechanical engineering has invented a money machine. The main drawback of the machine is that it is slow. It takes

NemiM [27]

Based on the amount it would cost to build the machine and the interest rate as well as the payoff, the following are true:

A. $333
B. $667

a. The machine will take a year to build which means the payoff will only start coming in next year.

First find the present value of the perpetuity:

= 70 / 5%

= $1,400

You then need to find the present value of the above in the current period:

= 1,400 / ( 1 + 5%)

= $1,333

NPV is:

= 1,333 - 1,000 cost

= $333

B. If the amount produced increases by 1%, you should use the Gordon Growth Model:

<em>= Next payoff / ( Interest - Growth)</em>

=70/ ( 5% - 1%)

= $1,750

Take this to current year:

= 1,750 / 1.05

= $1,667

NPV will be:

= 1,667 - 1,000

= $667

Find out more about NPV at brainly.com/question/7254007.

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2 years ago

At Midland Company's break-even point of 9,000 units, fixed costs are $180,000 and variable costs are $540,000 in total. The uni

amid [387]

Answer: $80

Explanation:

Since the fixed costs are $180,000 and variable costs are $540,000, then the total cost will be:

= Fixed cost + Variable cost

= $180000 + 540000

= $720000

Since there are 9000 units, then the unit sales price will be:

= $720000 / 9000

= $80

The unit sales price is $80

7 0

3 years ago