Answer:
$27.20
Explanation:
The computation of the predetermined overhead rate is shown below:
= Variable overhead rate per hour + Fixed Overhead rate per hour
where,
Variable overhead rate per hour is $9.50
And, the fixed overhead rate per hours is
= budgeted fixed manufacturing overhead ÷ direct labor hours
= $130,980 ÷ 7,400
= $17.70
So, the predetermined overhead rate is
= $9.50 + $17.70
= $27.20
By adding the variable overhead rate per hour and the fixed overhead rate per hour we can find out the predetermined overhead rate
Solution:
The home sells for = $120000
The commission that is paid by the seller is 3 percent
Therefore, commission = 3% of $120000 = $3600
The sales-person is on a 65 percent commission schedule with her broker which means that the saleperson gets the 65 percent amount of the commission.
Thus, the amount which is received by the salesperson from the given transaction is = 65% of $3600 = $2340
Therefore, the salesperson receives $2340 amount from the said transaction.
Answer: c. Total Assets/ Equity
Explanation:
To measure the Return on Equity with 3 ratios, the <em>DuPont Analysis</em> can be used. This is a technique of deconstructing the Return on Equity ratio into various constituent ratios so that their effect on Return on Equity is better know.
The basic DuPont Analysis is;
Return on Equity = 
Total Assets/ Equity or the Assets to Shareholder Equity ratio is the answer.
Answer:
$1 par value
Explanation:
The computation of the par value of the stock after the split is given below:
= $200,000 ÷ (100,000 × 2 )
= $200,000 ÷ 200,000
= $1 par value
Hence, the par value of its stock after the split is $1 par value
We simply divide the balance by the number of outsanding shares so that the par value could come
