Answer:
a. Direct materials
b. Direct labor
c. Variable overhead
d. Fixed overhead
Explanation:
The absorption costing is the costing in which the income statement should includes all types of production cost i.e. direct material cost, direct labor cost, variable overhead and the fixed overhead
So as per the given statement, all the four types of costing should be involved while preparing the income statement under the absorption costing
Hence, all 4 options should be considered
Answer:
$7,500
Explanation:
Calculation for the Depreciation of rah second year of the asset's life
Second year depreciation=(1/8 years*2)*[($40,000)-(1/8 years*2* $40,000)]
Second year depreciation=(0.25)*[($40,000)-(0.25*$40,000)]
Second year depreciation=(0.25)*[($40,000-$10,000)]
Second year depreciation=0.25*$30,000
Second year depreciation=$7,500
Therefore the Depreciation of rah second year of the asset's life using the double-declining-balance method is: $7,500
Answer:
a.budget
Explanation:
The budget refers to the estimation of the revenues earned and expenses incurred so that the company could able to take the decisions according to that.
It also a formal and written statement that shows the management plans for the upcoming future i.e to be expressed in a numerical term or we can say in financial terms
Hence, the correct option is a. budget
Answer:
Given that Program instructions consists of:
- 60% floating point multiply
- 20% floating point divide
- 20% other instructions
Amdahl's law states that:
Execution time affected by improvement = (Execution time after improvement/ Amount of improvement) + (Execution time unaffected)
Assuming initially that floating point multiply, divide and other instructions have same clocks per instruction (CPI).
Part (a)
New execution time after improvement with multiply = (60) / 8 + (20 + 20) = 47.5
New execution time after improvement with Divide = (20) / 3 + (60 + 20) = 86.67
New system should be 4x faster which means new execution time should be below = 100/ 4 = 25.
Therefore, Management's goal can NOT be achieved by making the improvement with multiply or divide alone.
Part (b)
New execution time after improvement with multiply and divide = (60 / 8) + (20 / 3) + 20 = 34.17
Speed up = execution time of original machine / Execution time of new machine = (100 / 34.17) = 2.93
Therefore, new machine is 2.93 times faster than original machine.
