Answer:
Correct option is D.
<u> $200,500
</u>
Explanation:
Manufacturing overhead = [($651,000/217,000) × $25,000] + [($417,000/834,000) × $29,000] = $89,500
Total cost associated with Job. No. 432 = $57,000 + $54,000 + $89,500 = $200,500
Answer:
the answer is D hope that helps you out
Answer:
1. Huprey can resonably estimate that a pending lawsuit will result in damages of $1,280,000, it is probable that Huprey will lose the case.
2. It is reasonably possible that Huprey will lose a pending lawsuit. The loss cannot be estimable.
3. Huprey is being sued for damages of $2,400,000. It is very unlikely (remote) that Huprey will lose the case.
Explanation:
Contingent liabilities must be recorded only when it is probable that the liability will happen and you can estimate the associated costs.
When contingent liabilities are only reasonably possible or you cannot estimate the amount, they must be included in the footnotes of the financial statements.
When contingent liabilities are not reasonably possible, nothing needs to be disclosed.
Answer:
Initially the purchasing power of her $3000 deposit is 300 (3000/10) baseball caps.
Annual Inflation rate 0 %
Price of base ball cap $10
3000*1.05=3150
Purchasing power= 3150/10= 315 caps at 0 percent inflation
Annual Inflation rate 5 %
Price of baseball cap = 10*1.05= 10.5
Purchasing power = 3150/10.5
=300 caps at 5 percent inflation
Annual Inflation rate 8%
Price of baseball cap =10*1.08= 10.8
Purchasing power =3150/10.8
=291 caps at 8 percent inflation
Real interest rates
(1+nominal interest rate)= (1+inflation)(1+real interest rates)
Real rate at 0 percent inflation
1.05=1(1+R)
R=1.05-1
R=0.05= 5%
Real rate at 5 percent inflation
1.05=1.05*(1+r)
R=0%
Real rate at 8 percent inflation
1.05=1.08*(1+r)
=-0.02
=-2%
Explanation:
Answer:
Staples used to bind magazines
Direct materials
Wages of printing machine employees
Direct Labor
Maintenance on printing machines
Factory Overhead
Paper used in the magazine
Direct Materials
Explanation:
The given answers above are correctly grouped based on Direct Materials, Factory Overhead, and Direct Labor.