Answer:
The annual cash flow using the gross book value method is $18,000
Explanation:
In order to calculate the annual cash flow using the gross book value method we would have to calculate the following formula:
annual cash flow=( value of new machine*ROI)/100
Value of the new machine=$120,000
ROI=15%
annual cash flow= ($120,000* 15%)/100 =
annual cash flow=$18,000
The annual cash flow using the gross book value method is $18,000
Answer:
Tremen's "Investment in Delany Company" account would have abalance of $3,214,000 at the end year of December 31 ,2021.
Explanation:
Dividend paid for the whole year = $170,000*4 = 680,000
= $3,070,000 + (40%)(1/2 of the year)($1,400,000 - $680,000
= $3,070,000 + 144,000
= $3,214,000
Answer:
$4,089 Unfavorable
Explanation:
Data provided
Standard variable rate = $9.20
Direct labor hours = 1,160
Variable manufacturing overhead costs = $14,761
The computation of variable overhead rate variance is shown below:-
Variable overhead rate variance = (Standard variable rate - (Variable manufacturing overhead costs ÷ Direct labor hours)) × Direct labor hours
= ($9.20 - ($14,761 ÷ 1,160) × 1,160
= ($9.20 - $12.725) × 1160
= $4,089 Unfavorable
Therefore for computing the variable overhead rate variance we simply applied the above formula.
Answer:
a. $412,000
Explanation:
Conversion cost is the combination of direct labor and manufacturing overhead which directly or indirectly are necessary to produce a product other than the direct raw materials.
We know,
<em>Conversion costs = Direct Labor + Manufacturing Overhead</em>
Here,
Manufacturing overhead = Indirect material + Indirect Labor + Indirect overhead (including variable and fixed overhead)
Given,
Direct labor = $195,300
Manufacturing overhead = Factory overhead = $216,700
Selling expenses will not be included because it is not a direct or indirect overhead expense.
Therefore,
<em>Conversion costs = </em>$195,300 + $216,700
<em>Conversion costs = </em>$412,000
Answer:
NRAs stands for Non- resident Aliens and who is single
Explanation:
NRAs stands for Non- resident Aliens are the one who are not subject to the Net Investment Income Tax. If NRA, is married to the citizen or the resident of U.S (United States) and has planning to make, an election in the section 6013 (g), which is to be treated or act toward as the resident alien for the motive of filing as the Married Filing Jointly.
The concluding regulations offer special rules to those couples and a correlate section for the NIIT (Net investment income tax).
Note: The options are missing, so providing the direct answer.
