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zhannawk [14.2K]
3 years ago
15

Which of the following statements are correct? Variable service department costs are charged to operating divisions based on the

budgeted rate and budgeted activity. Fixed service department costs are based on actual cost and budgeted activity. Fixed service department costs are based entirely on budgeted data. Variable service department costs are
Business
1 answer:
padilas [110]3 years ago
5 0

Answer:

•Variable service department costs are charged to operating divisions based on the budgeted rate and actual activity.

• Fixed service department costs are based entirely on budgeted data.

Explanation:

Out of the statements in the question, the correct statements are:

Fixed service department costs are based entirely on budgeted data and

Variable service department costs are charged to operating divisions based on the budgeted rate and actual activity.

It should be noted that fixed cost doesn't varies with production level but variable cost varies with production level.

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Who do the dolls hanging from the trees represent stamp act?
Lemur [1.5K]
The dolls are effigies that represents any person that is in any way connected to the Stamp Act. These people may be tax collector or an appointed stamp distributor or members of the royal family. This action is to show their disapproval on imposition of tax on daily papers like newspapers,documents and others alike.
3 0
3 years ago
McDonald's Corp has a preferred stock paying a dividend of $19 and has a market price of $178. Calculate the cost of capital for
Iteru [2.4K]

Answer:

McDonald's Corp

The cost of capital for the preferred stock is:

10.67%

Explanation:

a) Data and Calculations:

Market price of preferred stock = $178

Preferred stock dividend = $19

Cost of capital = Preferred stock dividend/Market price of preferred stock * 100

= $19/$178 * 100

= 10.67%

b) The cost of capital for McDonald's preferred stock is the finance cost or interest cost that it must incur for financing its projects using preferred stock.  This represents the 10% of the preferred stock value that is paid out to preferred stockholders.

3 0
3 years ago
On January 1, a company agrees to pay $20,000 in three years. If the annual interest rate is 10%, determine how much cash the co
Step2247 [10]

Answer:

Amount borrow P = $15,026.296

Explanation:

Given:

Amount pay A = $20,000

Number of year n = 3

Rate r = 10% = 0.10

Find:

Amount borrow P

Computation:

A = P[1+r]ⁿ

20,000 = P[1+r]³

20,000 = P[1+0.10]³

20,000 = P[1.10]³

20,000 = P[1.331]

Amount borrow P = $15,026.296

5 0
2 years ago
The market demand for wheat is Q = 100 − 2p + 1pb + 2Y . If the price of wheat, p, is $2, and the price of barley, pb, is $3, an
stira [4]

Answer:

0.95

Explanation:

Given that,

Market demand for wheat: Q = 100 − 2p + 1pb + 2Y

price of wheat, p = $2

price of barley, pb = $3

Income, Y = $1000

Q = 100 − 2p + 1pb + 2Y

   = 100 - (2 × 2) + (1 × 3) + (2 × 1,000)

   = 100 - 4 + 3 + 2,000

   = 2,099

Differentiating Q with respect to Y,

dQ/dY = 2

Income elasticity of wheat:

= (dQ/dY) × (Y ÷ Q)

= 2 × (1,000 ÷ 2,099)

= 0.95

4 0
3 years ago
Company X currently has a capital structure that consists of 40% equity, 20% preferred equity, and 40% of debt. The risk-free ra
Sindrei [870]

Answer:

14.58%

Explanation:

WACC = weight of equity x cost of equity + weight of debt x cost of debt x (1 - tax rate) + weight of preferred equity x dividend yield

According to the capital asset price model: Expected rate of return = risk free + beta x (market rate of return - risk free rate of return)

r= 3% + 1.1 x 8 = 11.8

equity = 0.4 x 11.8% = 4.72

d = 0.4 x 5 x (1 -0.21) = 1.58

p = 0.2 x 6 =  1.2

11.8 + 1.58 + 1.2 =

8 0
3 years ago
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