Answer:
$4,520
Explanation:
Calculation for the cost of unused capacity that would be reported as a period expense on the income statement prepared for internal management purposes
First step is to calculate the Predetermine overhead rate using this formula
Predetermined overhead rate based on capacity = Estimated total fixed manufacturing overhead cost ÷ Estimated total amount of the allocation base
Let plug in the formula
Predetermined overhead rate based on capacity=$ 30,510÷270 hours
Predetermined overhead rate based on capacity=$113 per hour
Now let calculate the Cost of unused capacity using this formula
Cost of unused capacity =( Estimated total amount of the allocation base − Actual amount of the allocation base) × Predetermined overhead rate
Let plug in the formula
Cost of unused capacity= (270 hours − 230 hours) *$113 per hour
Cost of unused capacity=40 hours* $113 per hour
Cost of unused capacity=$4,520
Therefore the cost of unused capacity that would be reported as a period expense on the income statement prepared for internal management purposes will be $4,520
The amount I will pay for the company's stock today is $42.40.
<h3>How much would I pay for the company's stock?</h3>
The amount I would pay for the company's stock is dependent on the value of the stock. The value of the stock can be determined using the Gordon growth model.
According to the Gordon growth model, the value of a stock is a factor of its dividend, growth rate and the rate of return.
Value of a stock = next year dividend / (rate of return - growth rate)
$2.65 / (11 - 4.75%)
$2.65 / 6.25%
$2.65 / 0.0625 = $42.40
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Consumer credit, Business credit, Trade Credit
Answer:
Solution:
Dollar amount of total return = Capital gain distributions + Change in market value
First, we calculate the capital gain distributions
Income and capital gains distribution = ($0.12 + $0.22) x 130 shares
Income and capital gains distribution = $44.2
Now, we calculate the change in market value
Change in market value = Sales Price - Purchase price
Change in market value = 130 x $24 - 130 x $27
Change in market value = -$390
Therefore,
Dollar amount of total return = $44.2 + (-$390)
Dollar amount of total return = -$345.80
Answer:
The government agency is providing basic and/or essential services that further deepen the interests of members of the public
Explanation:
The assertion that a firm with a monopoly power loses it freedom of contract is very true. Monopolies by its realities come with features that ultimately cater for the interests of the firm, instead of the consumers. One of these is charging an astronomical high price on a particular item of commodity, and not taking cognizance of the purchasing power of the public. A firm could to this, and ultimately get away because its the only delivering such services - the one with the enormous monopoly power. Here, there is no stiff competition among goods that may offer liberty of choices to ordinary consumers.
To mitigate these numerous power of monopolies, governmental body has been giving the power to regulate and maintain an oversight functions. They now determine the provisions of contracts. The main objective of government agency, thus, is to ensure a firm with a monopoly power considers the basic and essential interests of the members of the public - the end users. Here, members of the public are insulated from unnecesary exploitation by the monopolies.
