Answer:
9.09% and 5.263%
Explanation:
The computation is shown below:
a. The current rate of unemployment is
= Number of Unemployed people ÷ labor force
= 10 ÷ 110
= 9.09%
b. The natural rate of unemployment is
= Separation rate ÷ Separation rate + finding rate
= 0.01 ÷ 0.01 + 0.18
= 0.01 ÷ 0.19
= 5.263%
These both should be expressed in a percentage forms
Answer: Please see answers in explanation column
Explanation:
a)Total Labor Cost for Job 200 = Labor Hours x Direct labor rate
= 2,500 x $ 28
= $ 70,000
b)Total Labor Cost for Job 305 = Labor Hours x Direct labor rate
= 3,000 x $ 24
= $ 72,000
Labor Cost for Job 200 and Job 305 during May = $ 70,000 + $ 72,000
= $ 142,000
Date Account Titles and Explanation Debit Credit
May 31st Work In Progress $142,000
Wages Payable $ 142,000
Answer:
The company WACC is 13.30%
Explanation:
For computing the WACC, first we have to find the weight-age of both debt and equity.
Since in the question, the weightage of debt and equity is given which is equals to
Debt = 30%
And, Equity or common stock = 70%
So, we can easily compute the WACC. The formula is shown below
= Weighted of debt × cost of debt × (1- tax rate) + Weighted of equity × cost of equity
= 0.30 × 0.10 × (1 - 0.30) + 0.70 × 0.16
= 0.021 + 0.112
= 13.30%
Hence, the company WACC is 13.30%
