Answer:
($35 million + $12 million) / $70 million = 0.6714
Explanation:
Answer:
Manufacturing overhead cost applied= $280,720
Explanation:
Giving the following information:
Plantwide predetermined overhead rate of $23.20 per direct labor-hour.
Estimated $278,400 of total manufacturing overhead cost.
Estimated activity level of 12,000 direct labor-hours.
The company incurred actual total manufacturing overhead costs of $269,000 and 12,100 total direct labor-hours during the period.
Manufacturing overhead cost applied= actual direct labor hours* predetermined overhead rate
Manufacturing overhead cost applied= 12100* 23.20= $280,720
<u>Index of industrial production</u> is considered to be a coincident economic indicator
An economic indicator is a piece of data that analysts use to analyze existing or potential investment opportunities. These data are often of a macroeconomic scale. The general health of an economy can also be determined using these measures.
Economic indicators can be anything an investor wants them to be, but certain information made public by the government and nonprofits has gained widespread attention. Indicators of the economy can be categorized or grouped. The majority of these economic indicators have a predetermined publication schedule. The industrial production index is regarded as a cogent economic indicator.
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Answer: 7.48%
Explanation:
Weighted Average Cost of capital is simply the weighted average of the costs of equity and debt.
Cost of Equity
= 
= 
= 9.80%
Cost of debt
= Interest ( 1 - Tax)
= 0.075 (1 - 0.40)
= 4.65%
WACC = 9.80% * 0.55 + 4.65% * 0.45
= 7.48%
