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Serggg [28]
2 years ago
12

Zorn Co. budgeted $600,000 of factory overhead cost for the coming year. Its plantwide allocation base, machine hours, is budget

ed at 100,000 hours. Budgeted units to be produced are 200,000 units. Zorn's plantwide factory overhead rate is $3 per hour. True False
Business
1 answer:
Amanda [17]2 years ago
8 0

Answer:

False.

Explanation:

Given: Total budgeted factory overhead cost = $600000.

           Plantwide allocation base=  100000 hours.

Now, finding plantwide factory overhead rate.

Formula; Plantwide factory overhead rate= \frac{total\ budgeted\ factory\ overhead\ costs }{plantwide\ allocation\ base.}

⇒ Plantwide factory overhead rate= \frac{600000}{100000} = \$ 6 per\ hours

Hence, Zorn´s plantwide factory overhead rate is $6 per hour not $3 per hour.

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The drawer is the help please
natali 33 [55]
The answer is not A or B or C. It should be D.
5 0
3 years ago
If the fair price for a 4-year annuity paying $100 per year is $334.57, what is the yield to maturity on a four year zero–coupon
Harrizon [31]

Answer:

YTM = 8%

Explanation:

$100 per year up to 4 years means, each year, the FV = $100.

We know, Zero coupon bond = [Fair Value ÷ (1 + YTM)^{n}]

As the 4-year annuity paying the different YTM in the previous three years, 4th year YTM will be -

Bond value = \frac{100}{1 + 0.6} + \frac{100}{(1+0.07)^2} + \frac{100}{(1+0.08)^3} + \frac{100}{(1+YTM{4})^4}

or, $334.57 = $94.3396 + $87.3439 + $79.3832 + \frac{100}{(1+YTM{4})^4 }

or, $334.57 - 261.0667 = \frac{100}{(1+YTM{4})^4 }

or,  (1+YTM{4})^4 = ($100 ÷ $73.50)

or, 1 + YTM = (1.3605)^{\frac{1}{4}}

or, YTM = 1.08 - 1

YTM = 0.08 or 8%

4 0
3 years ago
When closing a direct request, you should be sure to​
REY [17]

Answer:

When closing a direct request, you should be sure to​ include the times limits involved in your request.

Explanation:

In a business situation, where there is a lot of interaction in the business environment, information needs to be passed in such a way that it is clear and complete in the shortest amount of time. This means that good communication techniques are needed to ensure that the information is delivered and received in a clear and timely manner. One type of a form of communication technique is a direct request. A direct request is a type of communication where the person making the request is in direct contact with the receiver of the request. There are techniques that can be applied to ensure effective delivery of the information. These techniques are;

1. Let it be clear who you are talking to

2. Make the request clear and brief

3. Be sure to ask if there are any clarifications to the request

4. When closing the request be sure to include the time limits for which you want the request to be completed

5. Monitor the progress if the request was completed and correct where necessary

3 0
3 years ago
If this company paid annual dividend of $8/share at the latest year-end, and the dividend is
Anna11 [10]

Answer:

The Rational Price of Stock is $114

Yes Stock should buy at $80.

Explanation:

The rational stock price using the dividend discount formula we find the price of stock at the level of $114 = $8 / 7%. The division will gives us rational stock price at which company potential stock price can moves up.

From the given circumstances it is ideal for organization to buy the stock at $80 will help investor to capitalize on gain potential upward movement in the stock price expected to the level of $114 in near future.

8 0
3 years ago
On January 1, 2021, the Highlands Company began construction on a new manufacturing facility for its own use. The building was c
sattari [20]

Answer:

Answer for the question :

On January 1, 2021, the Highlands Company began construction on a new manufacturing facility for its own use. The building was completed in 2022. The company borrowed $1,500,000 at 10% on January 1 to help finance the construction. In addition to the construction loan, Highlands had the following debt outstanding throughout 2021: $8,000,000, 15% bonds $2,000,000, 10% long-term note Construction expenditures incurred during 2021 were as follows: January 1 $ 660,000 March 31 1,260,000 June 30 872,000 September 30 660,000 December 31 460,000 Required: Calculate the amount of interest capitalized for 2021 using the specific interest method. (Do not round the intermediate calculations. Round your percentage answers to 1 decimal place (i.e. 0.123 should be entered as 12.3%).)"

is explained in the attachment.

Explanation:

Download pdf
8 0
2 years ago
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