I've researched the question because it's lacking details. I've included an image of the appropriate chart. To determine Elvis' marginal benefit of the fourth sandwich, you subtract his total benefit from having three sandwiches from his total benefit for four sandwiches, leading to 81 - 75 = 6. Thus, the Marginal Benefit of the fourth sandwich is 6.
The following journal entry is detailed below: Cash A/c Dr $4,100, Equipment A/c Dr $23,000, Furniture A/c Dr $47,000, To Account payable $16,000, and To Rodriguez's Capital $58,100. This entry reflects that all adjustments have been recorded, with the remaining balance credited to Rodriguez's Capital. The calculation for the remaining balance is as follows: Cash A/c + Equipment A/c + Furniture A/c - Accounts payable = $4,100 + $23,000 + $47,000 - $16,000 equals $58,100.
Answer:
The result is $12.
By applying the formula total credit /Money created = Total deposit /Cash reserve ratio
Total deposit = $150
Cash reserve ratio = 12.5%
150/12.5
=12
Consequently, the total money generated in the banking system is $12. It can be concluded that money creation by banks is a mechanism whereby banks accept deposits from clients and provide loans to borrowers after subtracting the cash or reserve ratio.
The depreciable life of an asset is crucial for the financial manager. Generally, a shorter depreciable life is advantageous, as it leads to quicker cash flow circulation. This concept of depreciation allows for the expense of financial or intangible resources to be allocated over their useful lives. It indicates the extent to which an asset's value diminishes over time. For both taxation and accounting, long-term assets can be depreciated, and the duration allocated to these assets significantly influences the cash flow. Hence, shorter depreciable lives are more favorable compared to longer ones due to the expedited influx of cash for finance managers.
Answer:
Total expenditure= $3,870
Explanation:
Based on the provided data:
predetermined overhead rate= $5.50
For Job A477:
Total direct labor hours: 100
Direct materials cost: $520
Direct labor expenses: $2,800
Now we calculate the overhead allocation:
Allocated manufacturing overhead= Estimated overhead rate * Actual base amount
Allocated manufacturing overhead= 5.50*100= $550
Then, we can compute the total job cost:
Total expense= 520 + 2,800 + 550= $3,870
