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3 years ago

Select the best alternative for the following questions:

Business

2 answers:

Artist 52 [7]3 years ago

6 0

Answer:

c. the resignation

Explanation:

this would not affect the bottom line of the company and is therefore irrelevant

Aleksandr-060686 [28]3 years ago

4 0

The correct answer is c

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Audit partners are periodically punished for holding a material investment in a client. this violates which aicpa code of conduc

kozerog [31]

Audit partners are periodically punished for holding a material investment in a client. This violates reasonably informed third party AICPA code of conduct rule.

Issuing the current year audit report when fees for the past year audit remain uncollected. The AICPA Code of Professional Conduct prohibits direct solicitation of clients by CPAs. A member who enters into or directs or knowingly permits another individual to enter into such an agreement for the performance of audit or other attest services would be considered in violation of the "Acts Discreditable Rule". A code of ethics and professional conduct outlines the ethical principles that govern decisions and behavior at a company or organization. They give general outlines of how employees should behave, as well as specific guidance for handling issues like harassment, safety, and conflicts of interest.

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"As a financial analyst, you are tasked with evaluating a capital budgeting project. You were instructed to use the IRR method a

notsponge [240]

Answer:

A. 13.8

Explanation:

In this question, we are applying the Capital Asset Pricing Model (CAPM) formula shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 4% + 1.4 × (11% - 4%)

= 4% + 1.4 × 7%

= 4% + 9.8%

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The Market rate of return - Risk-free rate of return) is also called as the market risk premium.

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3 years ago

Plantwide Overhead Rate, Activity-Based Costing, Job Costs

lisov135 [29]

Answer:

Foto-FAst Copy Shop

1. Predetermined overhead rate = $4 per direct labor hour

2. Predetermined overhead rate = $11 per direct labor hour

3. Total job cost (Rick Anselm):

May 20 = $26.00

June 20 = $30.00

4. The two overhead rates:

a. $26.40 per machine hour

b. $3.71 per direct labor hour

Explanation:

a) Data and Calculations:

Average overhead per year prior to the purchase of the new equipment = $30,400

Average overhead per year after the installation of new equipment = $83,600

Budgeted direct labor hours for the year = 7,600

Wage rate = $9 per hour

1. Predetermined overhead rate prior to the purchase of the new equipment

= $4 ($30,400/7,600)

2. Predetermined overhead rate after the new equipment was purchased

= $11 ($83,600/7,600)

3. Cost of Rick Anselm's job on May 20:

Materials ($0.03 * 600) $18.00

Labor ($9 * 36/60) 5.40

Overhead applied 2.40 ($4 * 36/60)

Total cost of job = $25.80 = $26

Cost of Rick Anselm's job on June 20:

Materials ($0.03 * 600) $18.00

Labor ($9 * 36/60) 5.40

Overhead applied 6.60 ($11 * 36/60)

Total cost of job = $30.00

4. Overhead Rates Photocopying Computer Printing Total

Overhead cost $55,440 $28,160 $83,600

Machine hours 2,100

Direct labor hours 7,600

Overhead rates $26.40 $3.71

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Quality best represents to reduce the likelihood of a product recall

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