Answer:
The Warren's total assets at the end of April is $345,000
Explanation:
The computation of the ending total assets value is shown below:
= Total assets - sale of stock + machine purchased - cash payment for purchase of building + purchase of short term investment - cash payment for purchase of short term investment - cash paid to the employee as a loan + notes issued
= $240,000 + $20,000 + $95,000 - $10,000 + $9,000 - $9,000 - $10,000 + $10,000
= $345,000
Answer:
Estimated manufacturing overhead rate= $50 per machine hour
Explanation:
Giving the following information:
The machining department uses machine hours as its allocation base and has 80,000 machine hours. The machining department is assigned overhead costs of $4,000,000.
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 4000000/80000= $50 per machine hour
Answer with its Explanation:
The first step is to diversify the sample size so that our sample includes every person from different cultures, geographic, religions, genders, etc., which would help in better assessment of the product's future in the market.
Second step is to set a sample size for receiving the feedback of the customers at required confidence interval that is Burger King's goal to achieve. For example, Burger King desires to achieve 93% customer satisfaction and the error rate would determined by using the confidence interval. This sample size would be calculated using the practical approach.
Third step is to ensuring that the errors in prediction are reasonably low by practical approach, confidence interval approach and diversified test samples. All this will help the company to ensure that they have accurate results in hand for decision making.
Answer:
The correct answer is letter "C": Larger, lower.
Explanation:
According to different researches carried out across the U.S., young adults who are between 18 and 29 years old have a total debt to $1.05 trillion. Individuals' debt who are older than 70 is $1 trillion. The average debt amount that young adults (18-29) have is $22,000 while elder people from 50 years old and on is $36,000.
Then, <em>young adults have larger accumulated debt than elders and their debt amounts are lower as well.</em>