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3 years ago

Name five functions of the BBBEE Commission

1 answer:

7 0

The functions of the BBBEE Commission or the Broad-Based Black Economic Empowerment according to the DTI of South Africa are:

1. Advise the government on black economic empowerment

2. Review progress in achieving black economic empowerment

3. Advise on draft transformation charters

4. Facilitate partnerships between organs of state and the private sector

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Osgood Company, which applies overhead at the rate of 190% of direct material cost, began work on job no. 101 during June. The j

frutty [35]

Answer: $51300

Explanation:

From the question, we are informed that Osgood applies overhead at rate of 190% of direct cost material and we've been given the direct cost material as $27, 000. Therefore, the total overhead applied to the job will be:

= $27000 × 190%

= $27000 × 1.9

= $51300

5 0

3 years ago

Flynn Industries has three activity cost pools and two products. It expects to produce 2,200 units of Product BC113 and 1,430 of

netineya [11]

Answer:

Results are below.

Explanation:

First, we need to calculate the allocation rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Machine setup= 19,608 / 38= $516 per set up

Machining= 123,650 / 4,945= $25 per machine hour

Packing= 33,530 / 479= $70 per order

Now, we can allocate to each product:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Product BC113:

Machine setup= 516*21= $10,836

Machining= 25*1,122= $28,050

Packing= 70*192= $13,440

Total= $52,326

Product AD908:

Machine setup= 516*17= $8,772

Machining= 25*3,824= $95,600

Packing= 70*287= $20,090

Total= $124,462

Finally, the unitary cost:

Product BC113= 52,326 / 2,200= $28,79

Product AD908= 124,462 / 1,430= $87.04

3 0

3 years ago

Which is more likely to give you a greater rate of return: a checking deposit at a bank or the purchase of a corporate bond?

son4ous [18]

A corporate bond would give the higher rate because it would be for a minimum term like say 1 year whereby the financial institution can lend out the money to someone else and from the interest on that can pay a significant return whereas interest on a chequing account will be very low since the balance will go up and down over a month or year so there is no guarantee to the financial institution of having the money long enough to earn some money on it.

6 0

3 years ago

the preferred stock of BGE, inc. is sold at $37 and pays a divident of $5. And the net price of the secuirty after issurancee co

Anarel [89]

Answer:

15.18%

Explanation:

Cost of preferred stock = Annual dividend/Net Proceeds

Cost of preferred stock = $5 / $32.93

Cost of preferred stock = 0.1518372305

Cost of preferred stock = 15.18%

So, the cost of preferred stock for BGE is 15.18%.

5 0

3 years ago

The difference between the income

astraxan [27]

Answer:

Select one:

a. Net Factor Income from Abroad

b. Capital consumption allowances

c. Depreciation

d. Subsidy

= Net Factor Income from Abro

Explanation:

Select one:

a. Net Factor Income from Abroad

b. Capital consumption allowances

c. Depreciation

d. SubsidySelect one:

a. Net Factor Income from Abroad

b. Capital consumption allowances

c. Depreciation

d. Subsidy

= Net Factor Income from Abro

= Net Factor Income from AbroSelect one:

a. Net Factor Income from Abroad

b. Capital consumption allowances

c. Depreciation

d. Subsidy

= Net Factor Income from Abro

5 0

4 years ago