Answer:
$102,870
Explanation:
The computation of Total cash disbursements is shown below:-
Variable overhead = Direct labor budget × Variable overhead rate
= 8,100 × $1.40
= $11,340
Fixed expenses incurred in cash = Total fixed expenses - Depreciation
= $100,440 - $8,910
= $91,530
Total cash disbursements = Total variable manufacturing overhead + Fixed cash overhead
= $91,530 + $11,340
= $102,870
Therefore for computing the Total cash disbursements we simply applied the above formula.
Answer:
A. The company paid a higher cost for the direct materials than allowed by the standards.
Explanation:
The following is a logical explanation for this variance:
Since, the standard quantity of raw materials to be used is 22 pounds x 500 units = 11000 pounds. The actual usage is 9500 pounds ony. Hence, variance in direct material price variance can be only due to higher cost of direct material purchased.
That is really hard to answer what are u working on
Answer:
A)The first cash flow of an annuity due is made on the first day of the agreement.
D)The last cash flow of an ordinary annuity is made on the last day covered by the agreement.
Explanation:
An annuity can be regarded as a series of payments which is made at an stable intervals. It can be classified based on the payment frequency. These could be monthly home mortgage payments,
It should be noted that in annuities,
✓The first cash flow of an annuity due is made on the first day of the agreement.
✓The last cash flow of an ordinary annuity is made on the last day covered by the agreement.
Answer:
20%
Explanation:
Return on assets is a profitability ratio that shows how much in net income a company is able to generate from its assets.
It is a financial measure that shows the net profit a company is able to generate per $1 invested in assets.
Mathematically,
Return on asset = net income/average total asset
= $800,000/$4,000,000
= 0.2
= 20%
This means that the company's management is a to generate a net income of 20 cents for every $1 invested in assets.
