Answer:
Correct option is B) $17.10
Total overhead rate per hour = $17.10
Explanation:
Overhead rates are based on cash outflow, they are not allocated and computed based on non cash items.
Total direct labor hours = 8,900
Thus total variable overhead rate = $5.50
Total cash fixed cost = $133,500 - $30,260 = $103,240
Fixed cost overhead rate = $103,240/8,900 = $11.60
Total overhead cost per hour = Variable overhead + Fixed Overhead = $5.50 + $11.60 = $17.10
Explanation:
Because trademarks have an unlimited effective life of 4 million dollars, the regulation is not valid.
Goodwill and immaterial properties are not amortized but are checked for damage annually for infinite useful lives.
The copyright worth $6 million for five years is the only inviolable thing you can amortize.
The gross amortization cost in relation to these things in the income statement of Burger Mania for the first year ending December 31 would amount to $800,000.
Answer:
all of the above
Explanation:
all of these indicates one's lifestyles.
Answer:
The annualy payment for theamortized loan is $6,802.44
Explanation:
First we will find the total loan payment TP for the $20,000 borrowed over the next four years with a annual return of 8%:
TP = $20,000 *(1+8%)^4
TP = $20,000 *(1.08)^4
TP = $20,000 *1.3605 = $27,209.7
The annual payments AN is obtained by dividing the TP into the 4 years:
AN = $27,209.7 / 4 = $6,802.44
