Answer:
19.2 %
Explanation:
Using the Capital Asset Pricing Model we can simply input the given information.
Formula
Cost of Equity = Rf + B * (Mr - Rf) where,
Rf = Risk free rate = T-Bill rate
B = Beta
Mr = Market return
so,
Cost of Equity = 8 + 1.6 * (15-8)
= 19.2 %
Answer:
predetermined overhead per direct labor hour: $11.02
Explanation:
To solve for overhead rate we determinate the expected cost and distribute them over a cost driver which is, in this case; direct labor hours
<u>Expected overhead cost:</u>
Machinery maintenance $ 181,350
Utilities $ 226,380
Supervision $ 191,000
Materials handling cost $ 67,000
Building occupancy costs $ 98,270
Indirect materials $<u> 31,650 </u>
Total overhead: $ 795,650
Total direct labor: 72,000
Overhead rate: 795,650 / 72,000 = 11.0206944= $11.02
Out of the administrative professional roles listed, the one who can expect the highest salary is B. Senior executive assistant.
The senior executive assisant has a higher job title over a data-entry specialist, receptionist, and human resource assistant. When trying to figure out which would get paid the most, time on the job is usually a factor on pay. The title with senior in it, states that person has done the job for awhile and is expected to do and know more than someone at an entry level position.
Answer:
selling an investment for more than they paid for it
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Answer:
$10,800 underapplied
Explanation:
Calculation for If overhead is applied based on machine hours, the overapplied/underapplied overhead is:
Overhead machine hours=[($1,044,000/24,000)×23,600]-1,037,400
Overhead machine hours=($43.50 x 23,600) - 1,037,400
Overhead machine hours=$1,026,600- 1,037,400
Overhead machine hours= $10,800 underapplied
Therefore If overhead is applied based on machine hours, the overapplied/underapplied overhead is:$10,800 underapplied