Answer:
$ 615,000
Explanation:
Data provided :
Capital budget = $ 650,000
Debt ratio = 40%
Equity ratio = 60%
thus,
The capital funded by the equity = 60% of the capital = 0.6 × $ 650,000
= $ 390,000
Dividend to be paid = $ 225,000
Therefore,
the net income must be earned = $ 390,000 + $ 225,000
or
The net income must be earned = $ 615,000
Businesses will be more likely to expand their facilities
Answer: counselors
Explanation:
References that employers trust for the most accurate reporting include counselors. Employers don't trust the friends, relatives and parents of the prospective employees or employees for an accurate report because employers believe that they're not professional enough and due to their closeness to the employee, they may give false information in order to put the employee at an advantage. Employers see counselors as being more professional and will give the right informations.
It should be noted that in a case whereby a candidate performs well in his or her job tests and interviews and has a positive recommendation from his or her references together, the person has a high chance of being employed.
Answer:
Total cost assigned to Job XY5:
Direct material cost 4,000
Direct labour cost (50 hrs x $15 x 50 units) 37,500
Overhead applied (50 hrs x $4 x 50 units) 10,000
Total cost of the job 51,500
Overhead absorption rate
= <u>Budgeted overhead</u>
Budgeted direct labour hours
=<u> $80,000</u>
20,000 hrs
= $4 per direct labour hour
Explanation:
The total cost of the job is the aggregate of direct material cost, direct labour cost and overhead. Overhead is absorbed based on direct labour hours. We need to calculate overhead absorption rate by dividing the budgeted overhead by budgeted direct labour hours. The overhead absorption rate is used to multiply the direct labour hours of the job in order to obtain the overhead applied to the job.
