How much does David earn in a 35-hour work week (gross pay without benefits)?

Teel Printing uses two measures of activity, press runs, and book set-ups, in the cost formulas in its budgets and performance r

hoa [83]

Answer:

Spending variance $100 unfavorable

Explanation:

The spending variance is the difference between the standard cost allowed for the actual activity and the actual cost of the activity

$

Standard cost allowed for the actual activity

=7,850 + (402×203) + (952×112)= 196,080

Actual cost 196,180

Spending variance  100 unfavorable

6 0

3 years ago

Based on the following adjusted trial balance: Peak Corporation Adjusted Trial Balance As of December 31, 2018 Debit Credit Cash

ivanzaharov [21]

Answer:

Determine the amount that will be reported as retained earnings on the post-closing trial balance.

Retainend earnings final___________30000

Explanation:

Cash__________________800

Account Receivable______ 200

Inventory_______________2500

Building________________30000

Accunulated depreciation_______________ 3000

Notes payable_________________________ 500

Common stock_________________________21000

Retainend Earnings_____________________ 5000

Dividens________________1000

Revenue_____________________________ 7000

Selling and administration_ 1000

Insurance expense_______ 1000

36500 36500

Retainend earnings______ 1000 26000

Retainend earnings initial_________ 25000

Net income_____________2000____7000

5000

Retainend earnings final___________30000

8 0

3 years ago

David Ortiz Motors has a target capital structure of 40% debt and 60% equity. The yield to maturity on the company's outstanding

Marrrta [24]

Answer:

Cost of equity = 14.43%

Explanation:

Weigheted Average cost of capital is computed using the formula below:

WACC = (Wd×Kd) + (We×Ke)

Kd= aftre tax cost of debt= 12%× (1-0.4)= 7.2%

Wd =Proportion of debt= 40%

We = proportion of equity = 60%

Ke= cost of equity.

let the cost of equity be "y"

WACC = 11.54

11.54 = (40%× 7.2%) + (60% × y)

0.1154 = 0.0288 + 0.6y

0.1154 - 0.0288 = 0.6y

y =(0.1154 - 0.0288)/0.6

y = 0.1443 × 100

y =14.43%

Cost of equity = 14.43%

8 0

3 years ago

When delegating a task, it is important to

statuscvo [17]

Answer:

Is D

Explanation:

not B

DDDDDDD

8 0

3 years ago

Read 2 more answers

You have just won the lottery and will receive $530,000 in one year. You will receive payments for 25 years, and the payments wi

polet [3.4K]

Answer:

Present value= $3,642,651.54

Explanation:

Giving the following information:

You have just won the lottery and will receive $530,000 in one year. You will receive payments for 25 years, and the payments will increase by 4 percent per year. The appropriate discount rate is 10 percent.

First, we need to calculate the final value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual payment= 530,000

i= 0.04 + 0.10= 0.14

n= 25

FV= {530,000*[(1.14^25)-1]}/0.14

FV= 96,391,538.43

Now, we can calculate the present value:

PV= FV/(1+i)^n

PV= 96,391,538.43/ (1.14^25)

PV= $3,642,651.54

7 0

3 years ago