Answer:
it helps efficiently direct the flow of savings and investments in the economy.
Explanation:
yeah thats it
Answer:
Underapplied Manufacturing Overhead $23,000
Explanation:
Sawyer Manufacturing Corporation
Predetermined overhead rate = Estimated total manufacturing overhead cost ÷ Estimated total amount of the allocation base
= $300,000 ÷ 52,000 direct labor hours
= 5.7 Approximately $6 per direct labor-hour
Overhead over or underapplied Actual MOH
= 365,000
Applied MOH = $6 x 57000 = $342,000
Underapplied Manufacturing Overhead = 365,000-342,000 = 23,000
Therefore The Corporation's applied manufacturing overhead cost for the year was $23,000
Answer:
$1,518,000
Explanation:
Prepare a Total Accounts Receivable T Account to determine the revenue received in cash, which is the revenue to be reported under the Cash Basis.
Total Accounts Receivable T Account
Debit :
Beginning Balance $405000
Revenue $1650000
Total $2,055,000
Credit :
Cash (Balancing figure) $1,518,000
Uncollectible accounts written off $16000
Ending Balance $521000
Total $2,055,000
Answer:
C) kiosks
Explanation:
Kiosks -
It is a temporary , small booth , which is used in a high traffic area , for the marketing purpose . A kiosk is managed by one or two individual , who helps to attract and get attention from new customers .
These kiosks are also located in many shopping malls and streets to attract people , and publicize their product .
Hence , Kiosk , should be used by the company to attain their marketing goal .
Answer:
The stock is undervalued. As the required rate of return (6.5%) on market is less than the actual return (7%), the stock is said to be undervalued as it provides an actual return greater than the required rate of return.
Explanation:
To check if a stock is over valued, undervalued or correctly valued, we simply compare the required rate of return on a stock as measured by CAPM with the actual return on the stock.
We can calculate the required rate of return using CAPM equation. The formula for required rate of return under CAPM is,
r = rRf + Beta * (rM - rRF)
Where,
- rRf is the risk free rate
- rM is the return on market
r = 0.05 + 0.5 * (0.08 - 0.05)
r = 0.065 or 6.5%
As the required rate of return on market is less than the actual return, the stock is said to be undervalued as it provides an actual return greater than the required rate of return.