Answer:
See below
Explanation:
1. manufacturing overhead allocation rate for department A
= (Manufacturing overhead department A/Manufacturing direct labor department A) × 100
= ($400,000/$200,000) × 100
= 200%
2. Overhead allocation rate for department B
= ($500,000/$200,000) × 100
= 250%
3. Manufacturing overhead cost allocated to job #432.
($11,000 × $400,000)/$200,000 + ($7,000 × $500,000)/$200,000
= $22,000 + $17,500
= $39,500
Answer:
The overhead for the year will be $245,000
Applied overheads in the year are $161,894 and Underapplied overheads are $83,106 total charged to cost of goods sold will be $245,000
Explanation:
Predetermined overhead rate = total estimated overhead / estimated direct labor-hours
Predetermined overhead rate = 244,200 / 9,200
Predetermined overhead rate = 26.54 per labor hour
Overhead for the year = Predetermined overhead rate X Actual Direct Labor hours
Overhead for the year = 26.54 x 6100
Overhead for the year = 161,894.00
Underapplied overheads = 245,000 - 161,894 = 83,106.00
The overhead for the year is $162,317.
To calculate the overhead for the year, we need to use the predetermined overhead rate based on direct labor-hours. The predetermined overhead rate is calculated by dividing the total estimated overhead by the estimated direct labor-hours. In this case, the predetermined overhead rate is $244,200 / 9,200 labor-hours, which is $26.57 per labor-hour.
To find the overhead for the year, we multiply the actual direct labor-hours by the predetermined overhead rate. In this case, the actual direct labor-hours are 6,100. So the overhead for the year is 6,100 labor-hours * $26.57 per labor-hour, which equals $162,317.
#SPJ3
Answer: $1,530
Explanation:
It's net working capital that was financed by investors include the following figures,
Total current Assets.
Accounts Payables and Accrued wages need to be deducted because they came about as a result of operations and are neither of debt or equity financing so are considered free.
So, in calculating we have,
= 2,250 - 575 - 145
= $1,530
Swinnerton Clothing Company's net operating working capital that was financed by investors is $1,530
Answer:
$1,530
Explanation:
This can be calculated as follows:
Details Amount ($)
Total current assets 2,250
Accounts payable (575)
Accrued wages and taxes (145)
Net operating working capital financed by investors 1,530
Therefore, Swinnerton Clothing Company's net operating working capital that was financed by investors is $1,530.
c) What is the net realizable value of Aramis Company's accounts receivable after the write off of the Ramirez receivable?
Answer:
A.
Journal entry for write off the Ramirez receivable
Debit Allowance for doubtful Accounts $6,000
Credit Accounts receivables $6,000
B.
Net realizable Receivables (beginning balance)
= accounts receivable of $800,000 Less allowance for doubtful accounts of $40,000
Net realizable receivable = $760,000
C.
Net realizable Receivables (closing balance)
= accounts receivable of $800,000
Less adjustment for write off $6,000
Closing Accounts receivables balance $794,000
Less
Opening allowance for doubtful accounts of $40,000
Less debt write off $6,000
Closing allowance for doubtful account = $34,000
Closing Net realizable receivable = $760,000
A. The firm that sets the lowest price gains the entire market share.
B. A single firm sets a price which is lower than the current market price and gains market share at the expense of the other firms.
C. A single firm sets the price in the market, which is taken as given by the other smaller firms.
D. Each firm in the market sets its price based on the reaction of the other firm.
E. The firms in the market collude and set prices in order to maximize their combined profits.
Answer:
C. A single firm sets the price in the market, which is taken as given by the other smaller firms
Explanation:
An oligopoly is when there are a few large firms operating in an industry. There are significant barriers to entry or exit of firms in the industry.
An oligopoly can set price through price leadership. It is when a firm sets the price in the market, which is taken as given by the other smaller firms.
Another way an oligopoly sets prices is through collusion. It is when firms in an oligopoly come together to set prices.
I hope my answer helps you.
Answer:
The Correct Statement is the Second Statement. Effective speaker look consider the nature and the needs of audience and then decide the type of visual aid.
Explanation:
Multimedia slides are extremely useful, and often helps in various ways to deliver your message. There is no doubt in it.
However, you can't say multimedia slides are the "one best way" to present.
In certain cases, depending on the audience, you might not need and multimedia slide at all!
Maybe you'll just have to use your body language, act out a drama or even sing a song to convey the message to the audience.
And apart from that, it the times of technical failures, where you cannot use the computer or any electrical devices, you'll have to use traditional methods too.
Moreover, if the audience is not "tech-savvy" and are more of a traditional nature, then traditional or pen and paper based methods might just work out!
Answer:
Effective speaker look consider the nature and the needs of audience and then decide the type of visual aid.
i did this on ede 2020
Answer:
The price of the stock is $56.75.
Explanation:
This can be calculated using the following formula:
P = d /r ……………………………………… (1)
Where;
P = price of the stock = ?
d = preferred stock dividend = $4.54
r = required rate of return = 8%, or 0.08
Substituting the values into equation (1), we have:
P = $4.54 / 0.08
P = $56.75
Therefore, the price of the stock is $56.75.