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zysi [14]
2 years ago
11

Poland's Paints allocates overhead based on machine hours. Selected data for the most recent year follow.Estimated MOH $238,000A

ctual MOH $244,000Estimated machine hrs 20,000Actual machine hrs 22,500The estimates were made as of the beginning of the year, while the actual results were for the entire year. The amount of manufacturing overhead allocated for the year based on machine hours would have been:(a) $267,750(b) $241,000(c) $238,000(d) $244,000
Business
1 answer:
olchik [2.2K]2 years ago
4 0

Answer:

(a) $267,750

Explanation:

The computation of allocation of the manufacturing overhead is computed by applying the formula which is shown below:

= (Estimated manufacturing overhead ÷ estimated machine hours) × (actual machine hours)

= ($238,000 ÷ 20,000 machine hours) × $22500 machine hours

=  $267,750

We calculate the manufacturing overhead allocation based on estimated machine hours not from the actual machine hours

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Haulsee Inc. pays no dividend currently but is expected to start paying a small dividend next year. The 5-year-old firm has a be
wlad13 [49]

Answer:

17.10%

Explanation:

The computation of the cost of equity is shown below:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

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

= 6.10% + 1.25 × 8.8%

= 6.10% + 11%

= 17.10%

The  (Market rate of return - Risk-free rate of return)  is also known as market risk premium and the same is applied.

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
Suppose investors can earn a return of 2% per 6 months on a Treasury note with 6 months remaining until maturity. The face value
Katena32 [7]

Answer:

Price of treasury bill = $9,803.92

Explanation:

<em>The price of the treasury note would be the present value of the future receivable on maturity discounted at the rate of return of 2% per six-month.</em>

The formula is FV = PV × (1+r)^(n)

PV = Present Value- ?

FV - Future Value, - 10,000

n- number of years- 1/2

r- interest rate - 2%

PV = 10,000 × (1.02)^(-1)

PV = 9,803.92

Price of treasury bill = $9,803.92

5 0
2 years ago
A small market orders copies of a certain magazine for its magazine rack each week. Let X 5 demand for the magazine, with pmf Su
Oksanka [162]

Answer:

See explanation below.

Explanation:

Let X the random variable that represent the demand for the magazine, the pmf for X is given by:

X       1            2           3          4        5        6      

P(X)  1/15      2/15       3/15     4/15   3/15     2/15

3 magazines

For this case the total spent is 2*3 = $ 6

And the net revenue for this case would be:

$4-$6 = -$2 , X=1 (demand 1)

$4*2-$6 = $2 , X=2 (demand 2)

$4*3-$6 = $6 , X=3 (demand 3)

For the values of X=4,5,6 the net revenue will be $6 since the number of magazines is 3

And the expected value for the net revenue would be:

E(R) = \frac{1}{15} *(-2) +\frac{2}{15} *(2) +\frac{3}{15}*(6) + \frac{4}{15}*(6) +\frac{3}{15}*(6) +\frac{2}{15}*(6) = \frac{74}{15}=4.93

4 magazines

For this case the total spent is 2*4 = $ 8

And the net revenue for this case would be:

$4-$8 = -$4 , X=1 (demand 1)

$4*2-$8 = $0 , X=2 (demand 2)

$4*3-$8 = $4 , X=3 (demand 3)

$4*4-$8 = $8 , X=4 (demand 4)

For the values of X=5,6 the net revenue will be $8 since the number of magazines is 4

And the expected value for the net revenue would be:

E(R) = \frac{1}{15} *(-4) +\frac{2}{15} *(0) +\frac{3}{15}*(4) + \frac{4}{15}*(8) +\frac{3}{15}*(8) +\frac{2}{15}*(8) = \frac{80}{15}=5.33

As as we can see we have a higher expected value for the case with 4 magazines.

5 0
3 years ago
which of the following is not one of the six functional areas of business that sits on a foundation of business law?
mina [271]

Answer:

state and federal taxation

Explanation:

8 0
2 years ago
Assume the average annual CPI values for 2017 and 2018 were 207.3 and 215.3, respectively. What was the percent increase in the
Vesna [10]

Answer:

quizlet answers

Explanation:

here

5 0
2 years ago
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