Answer:
b. $16,700
Explanation:
The computation of the depreciation expense under the straight-line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($98,500 - $15,000) ÷ (5 years)
= ($83,500) ÷ (5 years)
= $16,700
The original cost is computed below:
= Original cost of machinery + freight charges + cost of building a foundation and installing the machinery
= $85,000 + $3,500 + $10,000
= $98,500
In this method, the depreciation is same for all the remaining useful life
Answer:
Variable overhead efficiency variance $ 8,018
<u> </u>Unfavorable
Explanation:
<em>Variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected. </em>
Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance
Hours
2,700 units should have taken (2,700 × 3.20) 8640
but did take (actual hours) <u> 9,400</u>
Efficiency variance in hours 760 unfavorable
standard variable overhead cost per hour <u>$10.55</u>
Variable overhead efficiency variance $<u> 8,018 </u>Unfavorable
Variable overhead efficiency variance $ 8,018
<u> </u>Unfavorable
Answer:
Option "C" is correct.
Explanation:
Option "c" is correct because companies are facing difficulties in the recruitment of workers which exhibits that few workers are available in the market. That means the company does not have enough options regarding the workers so it finds difficulty in the recruitment. Moreover, the availability of few workers means unemployment is very low.
Answer:
2fa (2 factor authorization)
