Answer:
The company's plantwide overhead rate is 21.19%
Explanation:
given information:
indirect labor = $8,320,000
factory utilities = $155,500
machine hours = 400,000
to calculate the overhead rate, we can use the following formula
in this case.
the indirect cost = indirect labor + factory utilities
= $8,320,000 + $155,500
= $8,475,500
allocation measure = 400,000
thus,
= 21.19%
Answer:
The opportunity to see them in concert becomes rarer
:")
Answer:
If the first two steps are run at full capacity, then the third step has a waiting line.
Explanation:
Waiting line is defined as a line of people or vehicles waiting for something. Hence, if the first two step runs in a full capacity been able to serve 25 customers per hour. Meaning for each hour 50 customers will be attended to by the two, then the third will surely be on a waiting line.
Answer: the termination of the firm's legal existence
Explanation:
The options to the question are:
a. the termination of the firm's legal existence.
b. the temporary suspension of the firm's business.
c. the continuation of the firm's business.
d. nothing with respect to the firm's existence
From the information given in the question, the partners decide to dissolve the firm and Olin collects and distributes the assets. Based on these reasons, this will results in the termination of the legal existence of the firm.
Answer:
b) $665,000.
Explanation:
Primer income: $625,000
SealCoat income: $50,000
Primer interest in SealCoat is 80% therefore primer is a parent company to SealCoat and is entitled to $40,000 (80%*$50,000) on SealCoat income.
Therefore, consolidated net income for 2013 is: $665,000 (625,000+40000)
