Reference no: EM132921978
Question - During the 2018 financial year, Foster Manufacturing recorded the following income and expenditure. GST is not considered in this question.
Sales Revenue of $2,040,000
Operating Expenses of $322,000
Income tax Expense $215,000
Charges to Production were:
Raw Materials issued to Production of $420,000
Direct labour charged to Production $340,000
Overheads charged to Production $272,000
Actual cost of Overheads $265,000
Additional Information:
Work in Process at the beginning of the period was $102,000
Work in Process at the end of the period was $110,000
Finished Goods at the beginning of the period was $234,000
Finished Goods at the end of the period was $252,000
Required - What the overhead applied figure should be?
|
What is the portfolio beta
: Donald Gilmore has $100,000 invested in a 2-stock portfolio. $22,500 is invested in Stock X and the remainder is invested in Stock Y. What is the portfolio beta
|
|
Advantages and disadvantages of international licensing
: International firms can make use of a variety of strategies to enter new geographical markets. Therefore:
|
|
Calculate the degree of operating leverage
: The total sales revenue of Alsafi Company are SR 65,000, the total variable costs are SR 30,000, Calculate the degree of operating leverage
|
|
Why does he think would reduce tailgating
: Two of the main topics we studied in this economics class were opportunity cost and incentives. Why does he think this would reduce tailgating?
|
|
What the overhead applied figure should be
: During the 2018 financial year, Foster Manufacturing recorded the following income and expenditure. What the overhead applied figure should be
|
|
Mastering your career confidence
: How have the strategies you've learned throughout this course helped you begin mastering your career confidence?
|
|
Calculate the selling price
: The lease is noncancelable and requires annual rental payments of $50,000 to be made at the end of each year. Calculate the selling price
|
|
Violent media and subsequent aggressive behavior
: In today's society, there is a lot of interest in understanding the relationship between exposure to violent media and subsequent aggressive behavior.
|
|
Biological preparedness
: After reviewing the resources provided, do you believe that we possess "biological preparedness" for learning?
|