Answer:
$282,000
Explanation:
The computation of the capitalized amount of the land is shown below:
= Number of shares exchanged × fair value of per share - scrap selling value
= 6,000 shares × $50 per share - $18,000
= $300,000 - $18,000
= $282,000
Simply we multiplied the exchanged shares with its fair value and then deduct the scrap selling value so that the correct value can come.
All other information which is given is not relevant. Hence, ignored it
Answer: the answer is false
Explanation: All the work contained within the work breakdown structure is to be identified, estimated, scheduled, and budgeted
Work breakdown team includes work to be executed by the project team to accomplish the project objectives and create the required deliverables,it also includes a visual tool for defining and tracking a project deliverable and all the small components needed to create it. breakdown structures should include about three levels of detail.
Answer:
B) $56,750
Explanation:
Direct materials cost $27,500
Direct labor cost$13,000
As manufacturing overhead rate is based on a percentage of direct labor cost so dividing the manufacturing overheads by direct labor costs we get =$1,050,000,/$840,000= 1.25
Multiplying this rate with the actual overheads we get 1.25* 13000 = $16250
The total job cost would be = Direct materials cost+Direct labor cost + budgeted Overheads = $27,500
+$13,000+$16250= $56,750
Answer:
$181,600
Explanation:
The computation of total cash is shown below:-
Working Note :-
Credit sales of December
= $42,000 ÷ 50%
= $ 84,000
Credit sale of November
= $23,000 ÷ 10%
= $ 230,000
Cash Collected from Credit sales
For January
= $150,000 x 50%
= $75,000
For December
= $84,000 x 40%
= $33,600
For November
= $230,000 x 10%
= $23,000
Total Cash collections from Credit sale = January + November + December
= $75,000 + $33,600 + $23,000
= $131,600
Cash sale of January = $50,000
Total Cash collected in January = Total Cash collections from Credit sale + Cash sale of January
= $131,600 + $50,000
= $181,600
