Answer:
2.25 years
Explanation:
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Amount recovered in year 1 : $-345,000 + $220,000 = $-125,000
Amount recovered in year 2 : -1250000 + 100,000 = $-25,000
-25,000 / 100,000 = 0.25
To calculate cost of direct materials used, you take Purchases of raw materials and subtract the change in raw materials. The idea is that the cost of raw materials used will be however much raw materials decreased during the period plus the purchase of raw materials. Beginning raw materials is 4000, and ending raw materials is 3000, a change of -1000. Purchases of raw materials were 99,000. The Cost of Direct Materials is 99,000 - (-1000) = 100,000.
Answer:
Part A) D. $137,500
Part B) C. $140,250
Explanation:
Part A) The computation of annual salary payment is shown below:-
Annual salary = Donation made × Interest rate
= $2,500,000 × 5.5%
= $137,500
So, for computing the annual salary we simply multiply the donation made with interest rate.
Part B) The computation of starting salary is shown below:-
Starting salary = Annual salary + Increased annual salary
= $137,500 + 2%
= $140,250
Therefore for computing the starting salary we simply added the annual salary with increased annual salary.
Answer: Establish a revocable living trust.
Explanation:
A revocable living trust is a written document that details how an individual assets would be handled after they die. They are used to avoid probate and protect privacy of the trust owner, beneficiary of trust and reduce estate taxes. Assets placed in the beneficiary name are transfered from the owners account or details to theirs.
Answer:
$34.12
Explanation:
Fixed Overhead Rate = Estimated total fixed manufacturing overhead ÷ estimated the labor-hours for the upcoming year
= $1,760,220 ÷ 66,000
= $26.67 per labor-hour
Predetermined Overhead Rate:
= Variable Overhead Rate + Fixed Overhead Rate
= $7.45 per labor-hour + $26.67 per labor-hour
= $34.12
