Answer:
11.25 minutes
Explanation:
Total Time taken for 8 quilts:
= Time taken for 8 quilts + Break + Cleaning and setting up their sewing machines
= 60 minutes + 20 minutes + 10 minutes
= 90 minutes
Time taken for 1 quilts:
= Total Time taken for 8 quilts ÷ No. of quilts
= 90 minutes ÷ 8 quilts
= 11.25 minutes
Standard quantity of direct labor for one quilt is 11.25 minutes = 0.1875 hour.
Answer: Answer Bellow
Explanation:Rent revenue $7,390. Sales discounts $8,110 Interest expense 12,880. Selling expenses 99,460 114,570. Beginning retained earnings. Ending retained earnings
Answer:
$600, the meal contract have to be included in gross income
Explanation:
Since Robin had the option to receive meals or the cash, the meals were not provided for the employer's convenience and therefore the meal's value should be included in gross income
Answer:
a. Weighted average flotation cost
= FCE(E/V) + FCD(D/V)
= 7(100/170) + 4(70/170)
= 4.12 + 1.65
= 5.77%
V = E + D
V = 100 + 70 = 170
b. Flotation cost of debt financing
= 4% x $18 million
= $0.72 million
True cost of the building after taking flotation cost into account
= $18 million + $0.72
= $18.72
Explanation:
The weighted average flotation cost is the flotation cost of equity multiplied by the proportion of equity in the capital structure plus flotation cost of debt multiplied by proportion of debt in the capital structure. The total market value is 100 + 70 = 170. Since the debt-equity ratio is 0.7. Debt takes 70 while equity takes 100. The proportion of equity in the capital structure is 100/170 while the proportion of debt in the capital structure is 70/170.
