Answer:
Selling price= $10,632
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (307,200/48,000) + 2.8
Predetermined manufacturing overhead rate= $9.2 per direct labor hour
Job X941:
Total direct labor-hours 300
Direct materials $ 600
Direct labor cost $ 5,500
<u>Now, we can determine the total cost of Job X941:</u>
Total cost= 600 + 5,500 + 300*9.2
Total cost= $8,860
<u>Finally, the selling price:</u>
Selling price= 8,860*1.2
Selling price= $10,632
Answer:
correct option is a. $5,935
Explanation:
given data
Direct materials = $3,193
Direct labor hours = 21
Direct labor wage rate = $12
Machine hours = 166
overhead rate = $15
solution
we get Direct labor that is
Direct labor = 21 × $12
Direct labor = 252
and
manufacturing overhead is
manufacturing overhead = 166 × $15
manufacturing overhead = 2490
so here total cost will be
total cost = Direct materials + Direct labor + manufacturing overhead ............1
Total cost = $3,193 + $252 + $2490
Total cost = $5935
so correct option is a. $5,935
Answer:
It has more than 7,000 factories overseas that manufacture products for the company.
Explanation:
Answer:
Cost of common equity is 15.7% and WACC is 7.2%
Explanation:
D1 is
D1= 2.25 (1+0.05)
The cost of common equity is
Rs = 2.36/ 22.00 + 5% =0.157= 15.7%
The cost of common equity is weighted average cost of capital (WACC)
WACC = (0.35) * (0.08) (1- 0.40) + 0 preferred stock+ (0.35) * (0.157)
WACC = 0.03 *0.6 + 0 + 0.054
WACC = 0.018 + 0.054
WACC = 7.2%
