Answer:
D. 8.28%
Explanation:
Cost of equity capital = risk free rate + (beta*market premium)
= 2.3% + (1.13*5.3%)
= 8.28%
Therefore, Zonk’s cost of equity capital is 8.28%
The messy ones with no format, and non interesting content within the resume.
<span>monuments is the right answer </span>
Answer:$163 which is favorable
Explanation:
Standard Cost per month is given as =Actual Quantity × Standard Rate
= Actual activity for number of jobs per month × Standard rate per job + Actual activity for meals× standard Rate per meal + Cost of Catering supplies
= 9 jobs×$101 per job + 126 meals × $24 per meal +$470
= $909 + $3,024 + $470 = $4,403
Also, Spending Variance = Actual cost of Catering in May- Standard cost of catering per month.
$4,240- $4,403= $163---- Favorable . This is because the actual cost for catering supplies is less than the Standard cost estimated.
