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3 years ago

Extra (unbudgeted) income left at the end of the month should be

1 answer:

5 0

Extra (unbudgeted) income left at the end of the month should be A) Saved for emergencies. Saving your extra money that you have not spent should be placed in a savings account and can help you later on in the future and provide for emergency funds if needed.

The answer is: A

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Tool Manufacturing has an expected EBIT of $72,000 in perpetuity and a tax rate of 24 percent. The company has $128,500 in outst

harkovskaia [24]

Answer:

The value of the company according to MM Proposition I with taxes is $528294.55

Explanation:

value of unlevered firm = EBIT(1-T)/Ru

= 72000*(1 - 24%)/11%

= 497454.55

value of levered firm = 497454.55 + 128500*0.24

= $528294.55

Therefore, The value of the company according to MM Proposition I with taxes is $528294.55

4 0

4 years ago

A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were w

Oksi-84 [34.3K]

The waiting time at which 10 percent of the people would continue to hold is given as 2.3

<h3>How to solve for the waiting time</h3>

We have to solve for X ~ Exponential(λ).

then E(X) = 1/λ = 3,

= 0.3333

Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ; x is equal to the time in over case

For 10 percent of the people we would have a probability of

10/100 = 0.1

we are to find

P(X ≤ t)

= 1 - e^(0.3333)(t) = 0.1

Our concern is the value of t

Then we take the like terms

1-0.1 = e^(0.3333)(t)

1/0.9 = e^(0.3333)(t)

t = 3 * ln(1/0.9)

= 0.3157

5 0

2 years ago

An example of an exclusive power is when _____. a local government collects taxes from a foreign business the united states sign

finlep [7]

Exclusive powers are the rights that ONLY that governing body has the ability to do.

A local government can collect taxes from a foreign business, but so can the federal and state governments.

The state cannot allows allow a business to operate in a city, if the city objects .

ONLY the US Federal Government can signs treaties with another country.

This is the only exclusive power in the choices listed.

3 0

3 years ago

In the month of June, a department had 10,000 units in beginning work in process that were 70% complete. During June, 40,000 uni

butalik [34]

Answer:

Cost per material= $9

Cost per conversion = $8.51 unit

Explanation:

We would assume the company uses weighted average method of valuation.

Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.

Cost per Equivalent unit= Total cost / Equivalent unit

Completed units = transferred in + opening inventory -closing inventory

= 40,000 + 10,000 - 5,000 =45,000 units

Equivalent unit of material = (100%× 45,000) + (100%× 5000)= 50,000

Cost per material = $450,000/50,000= $9

Equivalent unit of Conversion cost =(100%× 45,000) + (40%× 5000)= 47,000

Cost per conversion cost = $400,000/ 47,000 units

= $8.51 unit

Cost per material= $9

Cost per conversion = $8.51 unit

6 0

3 years ago

Hutton Company reported a $750 unfavorable overhead variance on a recent performance report. This means that factory overhead wa

Viefleur [7K]

Hutton Company reported a $750 unfavorable overhead variance on a recent performance report. This means that factory overhead was underapplied during the period.

<h3>What does an unfavorable overhead volume variance mean?</h3>

An unfavorable volume variance indicates that the amount of fixed manufacturing overhead costs applied (or assigned) to the manufacturer's output was less than the budgeted or planned amount of fixed manufacturing overhead costs for the same time period.

Unfavorable variance is an accounting term that describes instances where actual costs are greater than the standard or projected costs. An unfavorable variance can alert management that the company's profit will be less than expected.

To learn more about Unfavorable variance visit the link

brainly.com/question/24064163

#SPJ4

4 0

2 years ago