Solution :
a).
Estimated overhead 1,250,000
Divide by the estimated machine hours 50,000
Predetermined overhead rate 25
Actual machine hours 54,300
Multiply by predetermined overhead rate 25
The factory overhead amount applied $ 1,357,500
b).
Actual factory overhead 1,348,800
Less : factory overhead amount applied 1,357,500
The underapplied amount is $ 8700
Answer:
Corporate Bonds and T-Bills will have return above 8%
Explanation:
given data
investments = 4
investment = 8 %
solution
first of all we get 95% confidence interval that is as
and here investment returns and standard deviation are attach so
95% confidence interval = Return - 2 × SD to Return + 2 × SD ................a
so here
we can see here as per table attach
here only Corporate Bonds and T-Bills will have return above 8%
Answer:
The euro return to investing directly in euros is 180 5% 10% 360 = × ÷ , so the euros available in 180 days is EUR10,000,000 × 1.05 = EUR10,500,000. Alternatively, the EUR10,000,000 can be converted into Swiss francs at the spot rate of EUR1.1960/CHF. The Swiss francs purchased would equal EUR10,000,000 / EUR1.1960/CHF = CHF8,361,204. This amount of Swiss francs can be invested to provide a 180 4% 8% 360 = × ÷ return over the next 180 days. Hence, interest plus principal on the Swiss francs is CHF8,361,204 × 1.04 = CHF8,695,652. If we sell this amount of Swiss francs forward for euros at the 180-day forward rate of EUR1.2024/CHF, we get a euro
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return of CHF8,695,652 ×EUR1.2024/CHF = EUR10,455,652. This is less than the return from investing directly in euros.If these were the actual market prices, you should expect investors to do covered interest arbitrages. Investors would borrow Swiss francs, which would tend to drive the CHF interest rate up; they would sell the Swiss francs for euros in the spot foreign exchange market, which would tend to lower the spot rate of EUR/CHF; they would deposit euros.
Explanation:
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The following are some turing questions and the responses to them:
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- What do you get if you cross a joke with a rhetorical question?
Response: I found this on the web for your query.
- The following sentence is true. The previous sentence is false. Is the previous sentence true
Response: I am confused. Would you please repeat?
- I wasn't originally going to get a brain transplant, but then I changed my mind. Is that funny? Why?
Response: It is indeed funny. I am out of my mind.
