Answer:
$577 Unfavorable
Explanation:
The calculation of spending variance for dye costs is shown below:-
Spending variance for dye cost = (Standard rate - Actual variable) × Actual units
= ($0.67 - $13,910 ÷ 19,900) × 19,900
= (0.67 - 0.69899) × 19,900
= $577 Unfavorable
Therefore for computing the spending variance for dye costs we simply applied the above formula.
Yes. The U.S. tax system has a built-in stabilizers.
These built-in stabilizers are called automatic stabilizers. Automatic stabilizers are defined as the features of tax and transfer system that lends stability of the economy without direct intervention from the policy makers.
These stabilizers tempers the economy when it overheats and provides economic stimulus when it slumps.
When: Automatic Stabilizers:
Incomes are high <span>tax liabilities rise and eligibility for government benefits falls
Incomes are low </span><span>tax liabilities drop and more families become eligible for government transfer programs (food stamps, unemployment insurance)</span>
Answer:
Dr Bad Debt Expense $44,000
Cr Allowance for Doubtful Accounts $44,000
Explanation:
Preparation of What adjusting Journal entry should the company make at the end of the current year to record its estimated bad debts expense
Based on the information given the adjusting Journal entry that the company should make at the end of the current year to record its estimated bad debts expense will be:
Dr Bad Debt Expense $44,000
Cr Allowance for Doubtful Accounts $44,000
(Net Sales 2,200,000*Estimated 2.0% of net sales)
(Being to record estimated bad debts expense)
Answer: The correct answers are "A. Accept" and "$ 0.01".
Explanation: Given that we talk about optimal strategy when maximizing the expected profit by the player:
In the first case It is convenient to accept the proposal and keep $ 0.12, instead of rejecting it and running out of nothing.
And in the second case it is convenient to give the classmate as little as possible so that he accepts and we have a greater profit.
Answer:
weighted cost of capital for next year is 10.27 %.
Explanation:
Weighted cost of capital = Ke × (E/V) + Kd × (D/V)
Ke = Cost of Equity
= Dividend Yield + Expected growth rate
= $1.30 / $30.00 + 0.07
= 0.11333 or 11.33 %
Kd = Cost of Debt
= Interest × (1 - tax rate)
= 11% × ( 1 - 0.21)
= 8.69 %
Weighted cost of capital = 11.33 % × 60% + 8.69 % × 40%
= 10.27 %
