Correct answer is : 15.96%
EAR = [1 + (.149 / 12)]12 - 1 = 15.96%
Answer:
$42,680 under applied
Explanation:
The computation is shown below:
First, Calculate the predetermined overhead rate per hour which equals to
= (Estimated Overhead cost ÷ estimated machine hours)
= ($175,100 ÷ 25,600 hours)
= $6.84 per hour
So, the applied overhead equals to
= Predetermined overhead rate per hour × actual machine hours
= $6.84 per hour × 20,500 hours
= $140,220
So, the over/under applied overhead equals to
= Applied overhead - actual overhead
= $140,220 - $182,900
= $42,680 under applied
Answer:
c. Its low barriers to entry expose Northern to increased risk of competition, which could negatively affect the predictability of its expected future sales revenues.
Answer: $140710
Explanation:
From the question, we are informed that the portfolio of non-dividend-paying stocks earned a geometric mean return of 5% between January 1, 2010, and December 31, 2016 and that the arithmetic mean return for the same period was 6%.
If the market value of the portfolio at the beginning of 2010 was $100,000, the market value of the portfolio at the end of 2016 will be calculated as:
= $100,000 × (1 + 5%)^7
= $140,710
Answer:
$56,000
Explanation:
The computation of net sales is shown below.
For the net sales reported, we'll add the sales revenue and deduct the sales return and allowances with sales discount
Net sales reported = Sales revenue - sales return and allowance - sales discount
= $57,200 - $500 - $700
= $56,000
