Answer:
d. $55,600
Explanation:
Direct Labor = $34,000
Manufacturing Overhead Cost = $21,600
Conversion Cost = Direct Labor + Manufacturing Overhead Cost
Conversion Cost = $34,000 + $21,600
Conversion Cost = $55,600
So, the conversion costs during the month totaled $55,600.
Answer:
you should write it just like it says
Answer:
11.2%
Explanation:
We need to calculate the weighted return of the portfolio. You have to multiply each stock's weight by the expected return.
- Stock X = 0.30 x 9% (expected return) = 2.7%
- Stock Y = 0.20 x 15% (expected return) = 3%
- Stock Z = 0.50 x 11% (expected return) = 5.5%
- weighted return of the portfolio = 2.7% + 3% + 5.5% = 11.2%
The time interest earned ratio of the company was found to be 7.4 times to the expenses.
EBIT = Net Income + Interest Expense + Income tax Expense
= 240,000 + 50,000 + 80,000
= 370,000
Times Interest Earned Ratio:
EBIT / Interest Expense
= 370,000 / 50,000
= 7.4 times
Times interest earned ratio is a good way to measure a company's financial performance because it shows a company's ability to pay interest charges on its debts the ratio is calculated by taking a company's net income before interest and taxes and dividing it by the company's interest expense.
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