Answer:
Answer is a) debit, actual
Manufacturing Overhead account has a debit balance and applied manufacturing overhead is greater than the actual manufacturing overhead
Explanation:
Overheads are applied to product costs using budgeted overhead rates. Budgeted rates are used because the delays in obtaining actual overhead affects timeous product valuation for profit purposes
Over applied situation occurs when the applied overheads exceeds the actual manufacturing overhead.
<em>The Manufacturing Overhead Account will have the following entries:</em>
Transfer to work in Progress figure - credit (with applied overheads)
Bank - debit (actual overhead)
Balancing figure or shortfall - debit (over-applied)
I believe it is <span>b. profit
</span>
Answer:
A disgruntled customer will tell 9 - 15 people about their experience.
Explanation:
According to a study carried out by the White House Office of Consumer Affairs, a dissatisfied consumer tells 9-15 people about their experience. However, with the advent of social media and the internet, this number can sky-rocket into thousands and possibly millions depending on how viral the complaint becomes.
This is the more reason why organizations should endeavor to provide good customer service so that their brand will not be dragged into the mud by disgruntled customers.
Any single quantity in the world can be interpreted in better than one way. Unit conversion is a method by that we can go back and forth between various units.
<h3> Unit conversion </h3>
Given:
R=9,350 ydR=9,350 yd is the range in yards
Since we want the content in miles here, we will be utilizing the conversion factor:
1 mi=528 ft1 mi=528 ft
3 ft=1 yd3 ft=1 yd
So to do a unit conversion process, we say these conversion factors as a particle that equals 11. We describe this concept in this precise conversion:
R=9,350 yd(3 ft1 yd)(1 mi528 ft)R=9,350 yd(3 ft1 yd)(1 mi528 ft)
We set up our conversion factors here as particles that equal 11. We set the units up in such a way that they can balance each other out:
We will thus get:
R=53.125 mi
To learn more about the Unit conversion visit the link
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Answer:
The market risk premium is 5.8%
Explanation:
Expected return = 12.25%
Stock beta = 1.25
Risk free rate = 5%
Expected return = risk free rate + stock Beta ( market risk − risk free rate)
12.25% = 5% + 12.5% ( rm− 5%)
0.1225 = 0.05 + 1.25 ( rm− 0.05)
0.1225 - 0.05 = 1.25 ( rm− 0.05)
0.0725 = 1.25 ( rm− 0.05)
0.0725 / 1.25 = rm− 0.05
0.058 + 0.05 = rm
rm = 0.108
Market Risk = 10.8%
Market Risk Premium = 10.8% - 5% = 5.8%
