Answer:
c. 99
Explanation:
Calculation to determine the forecast for period 11
Using this formula
Forecast for period 11=Forecast *Smoothing constant*Period 11 Forecast
Let plug in the formula
Forecast for period 11=90*.10*11
Forecast for period 11=99
Therefore the forecast for period 11 is 99
In this case, Wanda can calculate the revenue for her Employee Appreciation Day event by using this formula:
-
revenue = [(number of employees of the company) + (½ x number of employee of the company)] x event price
-
x = [(638) + (319)] x 2
- x = 952 x 2
- x = $1,914
Thus, Wanda’s expected revenue is $1,914, assuming that half of the employees are married and will be attending the Employee Appreciation Day alongside their spouse.
The net realizable value of accounts receivable is $684,204
Explanation:
- To calculate subtract the doubtful-accounts allowance from the total accounts receivable. The result will be the net realizable value of accounts receivable.
- accounts receivable = $703,938
- doubtful-accounts = $19,734.
- the net realizable value of accounts receivable =
- accounts receivable ± doubtful-accounts
- Therefore, the net realizable value of accounts receivable is $684,204
Answer:
A. The amount of fixed overhead deferred in inventories is $60,000
Explanation:
Unit product cost
Year 1 Year 2
Direct materials $12 $12
Direct labor $5 $5
Variable manufacturing
overhead $5 $5
Fixed overhead
$48 $36
($432,000 ÷ 9,000) ($432,000 ÷ 12,000)
unit product cost $70 $58
Fixed overhead deferred (1,000 × $48) $48,000
Fixed overhead released -$48000
Fixed overhead deferred (3000 × $36) $108,000
Net $48,000 $60,000
The amount of fixed overhead deferred in inventories is $60,000
