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3 years ago

An allocation base that causes overhead costs to be incurred is called a(n):

1 answer:

7 0

It is called A COST DRIVER. A cost driver refers to any factor that causes a change in the cost of an activity. Cost driver is used to assign overhead costs to the quantity of a particular goods that is manufactured. Example of a cost driver is direct labour hours input into a production operation.

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A $10,000 municipal bond with 10 years to maturity is purchased in the primary market at 105. The bond is sold after 2 years at

Mama L [17]

Answer: B. a 2 point capital gain

Explanation:

Municipal Bonds have to be amortized using the straight-line method and this applied to both newly issued or bonds being traded at a premium.

The bond in question is trading at 105 and so has a 5 point premium which needs to be amortized at 1 point a year for 5 years. As it was bought after two years, the amortization was 2 points which means the cost of the bond should be;

105 - 2 = 103

Yet it was sold for 105. The gain is therefore

= 105 - 103

= 2 point capital gain

7 0

3 years ago

You could spend four years studying at the world's best university, but you would have to keep your attendance there a secret. O

horrorfan [7]

Answer:

The best future earnings outcome would come from getting the official degree even if you do not attend any classes.

In the labor market, a degree from the world's best university holds great prestige and increases enormously the possibilities of being hired to high-paying jobs. However, you should make sure that you actually take the courses that you are supposed to have learned while "attending".

The other option is worse because while you would easily be able to demonstrate knowledge and competence, few companies would even consider to hire you if you do not hold a degree.

6 0

3 years ago

Assume that Live Co. has expected cash flows of $200,000 from domestic operations, 200,000 Swiss francs from Swiss operations, a

jok3333 [9.3K]

Answer:

$559,500

Explanation:

To find Live Co.'s expected dollar cash flows at the end of this year convert the Euro and Swiss francs amounts to dollar using their respective rates and then add all of the dollar amounts.

Swiss francs in dollars:

$S = 200,000*0.83 = \$166,000$

Euros is dollars:

$E = 150,000*1.29 = \$193,500$

Dollar cash flow:

$C=D+S+E\\C = \$200,000+\$166,000 +\$193,500\\C=\$559,500$

The company's expected dollar cash flows are $559,500.

8 0

3 years ago

Mr. smith has an income of $40,000 this year and $60,000 next year. he can invest in a project that costs $30,000 this year, whi

Phoenix [80]

The income and expenses Mr. Smith Incurs this year:

Income: $40,000

Project Cost this year: $30,000

Consumes: $50,000

Consumption this year = $40,000 - $30,000 - $50,000

Consumption this year = -$40,000

Future value of the conumption this year = -$40,000*1.1 = -$44,000

Consumption next year:

Income : $60,000

Income from the project: $36,000

Total income next year = $96,000

Consumption next year = -$44,000 + $96,000

<u>Consumption next year = $52,000</u>

Thus consumption next year is $52,000

6 0

3 years ago

when ben & jerry’s ice cream tests all its proposed new flavors on its own employees at its corporate headquarters in vermon

gtnhenbr [62]

Answer:

lol I did it so I just won’t you get back lol bye bye lol lo but it’s 76

Explanation:

4 0

2 years ago