Answer:
Carter and the other stockholders will lose all money and their shares in case that Extreme Trax goes bankrupt
Explanation:
If a company goes bankrupt, then the creditors are paid first. Stockholders own shares of the company; thus, they exhibit the highest risk. In case that there is no money left after paying creditors, stockholders will lose the investments.
I believe it is like Austin E. Hester with first name middle initial(s) last name
Keynesian economists believe: <span>government can implement policy proposals that can positively impact the economy
Keynesian economist generally believed that the Economic situation in a country is a direct result from both private and public sector activities simultaneously, so both positive and negative things could derive from both sectors</span>
The answer is reduced time in debt
Answer:
1. $6.50 per machine hour
2. $920
3. $ 17.69
4. $21.23
5. <u>Pricing methodology - Cost plus Mark -up</u>
- This ensures that the price charged covers all costs related to the product, which is good for maintaining profits.
- However the price does not consider the market demand and competition which might affect sales volumes
Explanation:
<u>Predetermined overhead rate</u>
Predetermined overhead rate = Budgeted Overheads / Budgeted Activity
= $650,000 / 100,000
= $6.50 per machine hour
<u>Total manufacturing cost assigned to Job 400</u>
Direct material $450
Direct labor cost $210
Overheads Applied ($6.50 × 40) $260
Total manufacturing cost $920
<u>Unit product cost for Job 400</u>
Unit product cost = Total Cost / Number of units completed
= $920 / 52 units
= $ 17.6923
= $ 17.69
<u>Selling price if Moody uses a markup percentage of 120%</u>
Selling price = Unit product cost × 120 %
= $ 17.69 × 120%
= $21.23