Teacher, help me please with the working notes and explanation!

(i).

Things at Bala Manufacturing are sent through two creation divisions: Fabricating moreover, Finishing.

Overhead is applied to things in the Fabricating Department subject to 150

percent of direct work cost and $18 each machine hour in Finishing.

The going with

information is open about Job #297:

Overhead Finishing

Direct material $1,590 $580

Direct work cost ? 48

Direct work hours 22 6

Machine hours 5 15

Overhead applied 429 ?

What is the total cost of Job #297?

a. $2,647

b. $3,005

c. $3,093

d. $3,203

(ii). Which of the going with declarations is legitimate as per the assessment of a course of action?

I. The risks and weaknesses that unavoidably envelop various events and conditions will be considered in showing up at the best measure of a plan.

II. Where the effect of the time worth of money is material, the proportion of a course of action will be the current worth of the utilization expected to settle the responsibility.

a. I figuratively speaking

b. II figuratively speaking

c. Both I and II

d. Neither I nor II

(iii). Which of the going with declarations is counterfeit as per assessment of a course of action?

I. Future events that may impact the entirety expected to settle the responsibility will be reflected in the proportion of the game plan where there is satisfactory objective confirmation that the future events will occur.

II. Gains from expected expulsion of assets will be considered in assessing a course of action.

a. I in a manner of speaking

b. II in a manner of speaking

c. Both I and II

d. Neither I nor II

(iv). Stores for opportunities for general or ambiguous risks should

a. Be amassed in the financial reports and divulged

b. Not be amassed in the financial reports and need not be divulged

c. Be revealed

d. Be assembled in the spending synopses

(v). A capture of asset which is inescapable and for which the mishap can be reasonably evaluated should be

a. Assembled

b. Revealed

c. Assembled and uncovered

d. Not assembled and not uncovered

(vi). A component got cautioning of genuine movement against the component. The legal advisors confirmed that it is conceivable the component will lose the suit and the adversity can be evaluated constantly. How should the surveyed setback be represented?

a. As a course of action for incident definite in the clarification of financial position and a setback recorded in other complete compensation

b. As a startling commitment uncovered in the clarification of money related position and a mishap in the compensation verbalization

c. As a game plan for incident uncovered in the enunciation of financial position and an adversity in the compensation clarification

d. In the notes to spending synopses as a chance

(vii). Which verbalization portrays a functioning lease?

a. The inhabitant records debasement and interest.

b. The lessor records cheapening and lease pay.

c. The occupant records the lease responsibility related to the leased asset.

d. The lessor moves title of the leased property to the occupant for the range of the lease term.

(viii). Which announcement concerning staying worth confirmation is reasonable for the occupant?

a. The asset and related commitment should be reduced by the current worth of the excess worth.

b. The asset and related obligation should be extended by the current worth of the waiting regard

c. The asset and related commitment should be extended by the preeminent proportion of the leftover worth.

d. The asset and related danger should be decreased by the inside and out proportion of the extra worth

(ix). Which enunciation is depicts a business type lease?

a. the lessor sees simply interest pay over the lease term.

b. the lessor sees simply interest pay over the accommodating presence of the asset.

c. the lessor sees a dealer advantage at lease starting and interest pay over the lease term.

d. the lessor sees a vender advantage at lease initiation and interest pay over ht important presence of the asset.

(x). Which verbalization is real with respect to beginning direct costs brought about by the lessor?

a. In a functioning lease, early on direct costs achieved by the lessor are yielded and doled out preposterous term.

b. In a business type lease, beginning direct costs are limited as a component of cost of items sold.

c. In a quick financing lease, beginning direct costs are added to the net interest in the lease.

d. These attestations are correct.