**Answer:**

a. $ 900 underapplied

**Explanation:**

Based on the data provided we conclude that the factory overhead is applied on the basis of direct labour hours.

**Determination of Overhead rate**

Estimated overhead $ 115,000

Direct labour hours 23,000 hours

Overhead rate per direct labor hour is $ 115,000/ 23,000 = $ 5 per direct labor hour

Amount of applied overhead = Direct Labor hours * Overhead rate per hour

Applied Overhead = $ 5 * 35,000 $ 175,000

Actual Overhead <u>$ 175,900</u>

**Underapplied Overhead $( 900)**

**Answer:**

❤I gotcha bro bro

**Explanation:**

1.No

2.No

3.No

4.No

Your question needs to be more informative and you need more tutoring on Math no offense just Advice

**Answer:**

iv. time series data

**Explanation:**

a quantitative data set is comprised of data which involves numeric value or some quantity .

a nominal-level data set does not involve any specific value or quantity . These data can not be measured or it can not be put in any order.

a discrete data set : quantitative data may be of two types. 1) continuous 2 ) discrete . Discrete data are separated fro each other .

time series data : These data are dependent on time .

The given data belongs to the category " time dependent data "

Kingbird Corp

A.

Dr Account Receiveable $722,500

Cr Sales Revenue $722,500

B.

Dr cash $708,940

Cr Account receivable $708,940

C.

Dr Bad debt expense $14,220

($22,740-$8,520)

Cr Allowance for Doubtful Account $14,220

Answer:

15.63%

Explanation:

Calculation to determine cost of equity

Using this formula

P = D/(r-g)

Where,

P=40

D=4.25

g=0.05

r=?

Let plug in the formula

Cost of equity=40 = 4.25/(r-0.05)

Cost of equity=r = (4.25/40)+0.05

Cost of equity=r =0.1063+0.05

Cost of equity=r =0.1563*100

Cost of equity = 15.63%

Therefore cost of equity is 15.63%