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CaHeK987 [17]
3 years ago
6

Managers use a predetermined overhead rate for which of the following reasons?

Business
1 answer:
Rashid [163]3 years ago
4 0

Answer:

Option A and B

Explanation:

The company desires to estimate the cost of the job so that it can minimize it by emphasizing control. This is one of the major reasons why the companies estimate cost of the job, product or service. So option A is correct.

Option B is also correct because the companies have to form contracts with its customers and for that reason predetermined overhead rates helps a lot estimating the price of the product which the company and customer can agree upon.

Option C is incorrect because predetermined costs are estimates and estimates are not always accurate.

Option D is false because daily recording of overheads requires predetermined overhead rates which is adjusted at the month end or quarter end or year end. So its not useless at all.

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Bond issue costs reduce the cash proceeds from the issuance of debt. do not affect the cash proceeds from the issuance of debt.
tia_tia [17]

Answer:

increase the effective interest rate of borrowing

Explanation:

Cost of debt refers to the total cost a company incurs for raising debt which includes fixed coupon rate payments to bondholders.

Cost of debt is calculated using the following formula:

K_{d} = \frac{I(1\ -\ t)}{NP}

wherein K_{d} = Cost of debt

             I = annual rate of coupon payment

             t= tax rate

            NP = Net proceeds which is par value less issue expenses

when NP is taken as the base, while calculating cost of debt, it is termed as effective interest rate.

So, bond issue costs reduce the net proceeds and thus, increase the effective interest rate of borrowing for the issuer company.

4 0
3 years ago
Distribution systems _____ .
r-ruslan [8.4K]

Answer:

Distribution systems allocate endless goods and services.a.)

4 0
3 years ago
A convertible preferred stock is convertible at $10, pays a 4% annual dividend, is callable at $110, and is trading at a current
Leno4ka [110]

Answer:

$11.60

Explanation:

In ascertaining the parity price of the common stock, we need to ascertain the conversion ratio which is the par price of the preferred stock divided by the convertible price

The par value of the preferred stock=$100(since call price is $110)

convertible price=$10

conversion ratio=$100/$10=10

The parity price is the current market price of the preferred stock divided by the conversion ratio

Parity price=$116/10

Parity price=$11.60

4 0
3 years ago
The rent for a one-bedroom apartment in Southern California follows the normal distribution with a mean of $2,200 per month and
andriy [413]

Answer:

The probability is 1.

Explanation:

Despite that the he distribution is positively skewed, the distribution of sample means of one-bedroom apartments  will still be a a normal distribution based on Central Limit Theorem.

Since we have

μ = mean = 2200

SD = standard deviation  = 250

n = sample size = 50

Therefore,

Standard error = SD ÷ √n

                        = 250 ÷ √50

                        = 250 ÷ 7.07106781186548

                        = 35.3553390593274  approximately 35.36

Standardize xbar to z = (xbar - μ) ÷ (SD ÷ √n)

Therefore, we have:

P(xbar > 1,950) = P(z > (1,950 - 2200) ÷ 35.36)

                        = P(z > - 250 ÷ 35.36)                      

                        = P(z > -7.07) = 1

Therefore, the probability of selecting a sample of 50 one bedroom apartments is 1 which can be said to be certain.

5 0
3 years ago
Select the correct text in the passage.
AfilCa [17]

Answer:   I heard its the second option, I cannot verify that. But i do have the awnsers to every question for the final in Entrepreneruship, Its on quizlet labeled Entrepreneurship. 37 terms.

Explanation:

5 0
3 years ago
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