Answer:
(1) rate = 25% of direct labor cost
(2) rate = 30% of direct materials
Explanation:
To determinate the rate We distribute the total overhead cost over a given cost driver.
factory overhead 117,000
direct materials 390,000
direct labor 468,000
(1) We are asked to use direct labor as a cost driver
117,000/468,000 = 0.25 = 25%
(2) We are asked to use direct materials as a cost driver
117,000/398,000 = 0.25 = 30%
Answer:
a) b.20,000
b) b.20,000
Explanation:
a) Number of common stocks issued = 200,000/10
= 20,000
So, 5000 stocks remain with company.
Number of common stocks outstanding = 20000
b) b. 20,000
Answer:
Conversion of Estimates of Useful Life to Straight-line Depreciation Rate:
Useful Life Straight-line
Depreciation Rate
(a) 10 years 10%
(b) 8 years 12.5%
(c) 25 years 4%
(d) 40 years 2.5%
(e) 5 years 20%
(f) 4 years 25%
(g) 20 years 5%
Explanation:
a) Data and Calculations:
Straight-line
Useful Life Depreciation Rate Conversion
(a) 10 years 10% 100/10
(b) 8 years 12.5% 100/8
(c) 25 years 4% 100/25
(d) 40 years 2.5% 100/40
(e) 5 years 20% 100/5
(f) 4 years 25% 100/4
(g) 20 years 5% 100/20
Answer:
To little employee participation
Explanation:
This a system of organization where the management hardly involves the the general employees in strategy formulation and it has a negative effect on the growth pace of the organisation because it reduces communication between management and employees.
Answer:
Airbus benefits from first-mover advantage.
Explanation:
First-mover advantage is the advantage of a pioneer firm gains by purchasing resources early or building technological leadership. The firm is then rewarded with monopoly-like status or very large profit margins.
In this case Aribus is the technological leader for developoing the superjumbo jet first. And it is rewarded with monopoly status because Boeing has been effectively shut out.
