I believe its d
hope it helped!
Answer:
Operating Cash flow 72,784
Explanation:
sales 177,000
cost (89,000)
depreciation <u> (24,600) </u>
income before taxes 63,400
income tax expense
63,400 x24% <u> (15,216) </u>
Net income 48,184
1)
net income + non monetary term (depreciation)
48,184 + 24,600 = 72,784
2) direct method
collected from customer 177,000
payment to supplier (89,000)
tax paid (15,216)
cash flow 72.784
3) EBIT + depreciation - taxes
63,400 -15,216 + 24,600 = 72.784
Answer: The corrects answers are: "a. If both firms are localized in position 1/2 (i.e., center of the line), neither firm has incentives to deviate and move to a different position.", "c. If Firm localize at the same point along the line, they will each sell to 50% of the consumers." and "d. If Firm 1 is located at position 1/2 (i.e., center of the line) and firm 2 is located somewhere else, then both firms have incentives to deviate and change their position along the line.".
Explanation: According to the Hotelling model of the competition between two firms:
a. If both firms are localized in position 1/2 (i.e., center of the line), neither firm has incentives to deviate and move to a different position. - If this were the case, it would be indifferent for customers to go to either.
c. If Firm localize at the same point along the line, they will each sell to 50% of the consumers. - This happens because each consumer will go to the nearest one.
d. If Firm 1 is located at position 1/2 (i.e., center of the line) and firm 2 is located somewhere else, then both firms have incentives to deviate and change their position along the line. - This happens because the strategy chosen is not suitable for either company.
Answer:
Please see below
Explanation:
With regards to the above, we need to compute first the predetermined overhead rate in order to ascertain whether it is over or under applied overhead
Predetermined overhead rate = Estimated overhead cost / Direct labor cost
= $115,500 / $125,300
= 0.92
We can now compute the under or over applied overhead as seen below;
= Actual direct labor cost × predetermined overhead rate - Actual overhead
= $118,000 × 0.92 - $107,700
= $108,560 - $107,700
= $860
Because the above amount is positive, is over applied overhead and the journal entry would be;
Manufacturing overhead account Dr $860
To Costs of goods sold account Cr $860
(Being over applied overhead closed)
Depends of the negatives info but typically around 7 years