Answer:
The amount of overhead applied during the year is $2,400,000
Explanation:
In determining overheads amounts to be included in product costing, a company uses Budgeted overheads.
Budgeted overheads are used rather than actual overheads because of the delays that are made to obtain Actual data for Actual overhead amounts which will delay product costing.
Therefore Using machine hours as a base, the amount of overhead applied during the year is $2,400,000
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Explanation:
Answer:
c) Investment in a DPP (Direct Participation Program)
Explanation:
Direct Participation Programs are a form of limited partnership. DPP has the lack of liquidity, since ownership interests are not always freely transferrable and require the approval of a general partner of the DPP. Each of the other items listed are more liquid on a short-term basis. Bonds can be sold, bond fund shares can be redeemed, equities are easily sold in the secondary market, and though CDs are not transferrable, the maximum maturity is 1 year or less, so the client would have short-term access to the funds invested.
Answer: (C) Cluster sample
Explanation:
The cluster sampling is one of the sampling method type that is used for analyzing the given data or information from the given sampling cluster. In the cluster sampling method, the researches basically dividing the statistical population into the individual or separate group for analyzing the data.
According to the given scenario, the cluster sample is one of the type of sample which us use for the given estimated problem.
The Cluster sampling is also refers as the one stage sampling process if the each element in the cluster are sampled together.
Therefore, Option (C) is correct.
Answer:
450 million is the firm’s value of equity
Explanation:
In this question, we are asked to calculate the best estimate for the firm’s value of equity in millions.
To calculate this, we proceed as follows;
Mathematically;
Firm’s value of equity= [(Total corporate Value - (Notes payable + Long term debt)]
From the question, we identify the total corporate value as 750 million, the notes payable as 100 million and a long term debt of 200 million
Now, plugging these into the equation above, we have ;
Firm’s value of equity = 750 million - (100 million + 200 million) = 750 million - 300 million = 450 million
