Answer:
$30,000 under applied
Explanation:
For computing the over applied or under applied, first, we have to compute the predetermined overhead rate. The formula is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)
= $1,200,000 ÷ 300,000 hours
= $4
Now we have to find the applied overhead which equal to
= Actual machine hours × predetermined overhead rate
= 280,000 × $4
= $1,120,000
So, the ending overhead equals to
= Actual manufacturing overhead - applied overhead
= $1,150,000 - $1,120,000
= $30,000 under applied
Answer:
The average return of the project is 15%
paybakc 6.67 years
Explanation:
Sean should divide the anual profit over the project cost ot get the average return
30,000 / 200,000 = 0.15
0.15 = 15%
Sean may also want to know the payback period:
so we do investment / income:
200,000 / 30,000 = 6.67
The firm will recover the cost of 200,000 after 6.67 years
Answer:
A)
Food chain project, Tech startup, Road construction , expansion of clothing line, construction of dams
B)
Investment in stocks, National economic planning , Railway construction , Employee housing, Investment in Insurance
C) The food chain project
D) Investment in stocks
Explanation:
A) 5 projects that will lend themselves well to a cost benefit analysis
- Food chain project ; A food chain project can lend itself properly to cost benefit analysis, The owner or Financier of the project can estimate the exact costs to be incurred in adding various delicacies to the Food chain project and he can also evaluate the revenue that each delicacy can generate at a given time based on the demand hence cost benefit analysis can be applied here
- A tech startup : A tech startup can effectively implement cost benefit analysis by evaluating the cost of employing programmers based on their input and the revenue expected to be generated from the Tech startup products.
- Road construction project : A road construction project is usually broken down into different project phases and this phases help the project coordinator to have an overview of the cost benefit of the project.
- Expansion of a clothing line : In The expansion of a clothing line Cost Benefit Analysis can be applied, I.e. the cost of setting up clothing stores in various regions will be calculated first and then the expected profits from those outlets can be determine within a period
- construction of dams : The cost benefit analysis will compare the cost of building and the benefit / revenue to be generated in the long run
B) 5 projects that do not lend themselves to cost benefit analysis
- Investment in stocks : The cost benefit analysis cannot be properly carried out in this can of project because some uncertainties associated with stocks
- National economic planning project; Cost benefit analysis can not be properly implemented her because the sole aim of National economic planning is to sustain the economy and some uncertainties can erupt which was not included in the economic plan
- Railway project : Due to the terrain of some areas the exact cost benefit analysis can not be properly implemented and also the scope of railway construction is broad in general.
- Employee housing project : Cost benefit analysis cannot be implemented here because the housing project does not benefit the company that owns the building but just the employees
- Investment in Insurance : The cost benefit analysis can not be properly implemented due to the uncertainties that life brings
C) In part A The best project for me is
<em>The food chain project</em> and this is due to is simplicity in analysis via the cost benefit analysis
D) In part B the Least project for me is
<em>Investment in stocks </em>and this is due to the Volatility and uncertainty surrounding stock investment and trading
Explanation:
Short-term investments, also known as marketable securities or temporary investments, are those which can easily be converted to cash, typically within 5 years. ... Some common examples of short term investments include CDs, money market accounts, high-yield savings accounts, government bonds and Treasury bills.
.........................................PLS MARK AS BRAINLIEST..............................
Answer and Explanation:
The computation is shown below:
a. For the cash paid
= Opening balance of account payable + total purchase - ending balance
= $169,000 + $298,000 - $141,000
= $326,000
b. The sale amount on account should be equivalent to the ending balance of account receivable i.e. $106,000
c. The beginning cash balance is
Closing cash balance = beginning cash balance + cash receipts - cash disbursements
$27,100 = Beginning cash balance + $119,500 - $120,150
So, the beginning cash balance is $27,750
