Answer:
$7,200
Explanation:
The computation of the total manufacturing overhead assigned is shown below:
= ($168,640 + $127,840 + $554,400 + $1,078,000) ÷ $514,368
= 375% per direct-labor dollar.
Now
= $514,368 ÷ 8,037
= $64 per DL hour.
And,
= $64 × 30 direct labor hours
= $1920.
So,
Manufacturing overhead is
= 1920 × 375%
= $7,200
Answer:
C. retailer
Explanation:
A retailer is a business entity that buys goods from manufacturers or wholesalers and sells them to the end-users. A retailer is, therefore, a middleman who helps customers acquire products from manufacturers.
There are several types of retailers classified according to their size and nature of business. Departmental stores are the largest retailers. They stock a wide range of products from electronics, jewelry, food items, furniture, clothing, to books, all under one roof. Other retailers include supermarkets, drugstores, restaurants, convenience stores, and discount stores.
Retailers make profits by buying goods at a wholesale or factory price and selling them at a higher retail price.
Answer:
providing banks that the government deemed as "sound financial footings" an operating license.
Explanation:
The emergency banking relief act helped solve the banking crisis by providing banks that the government deemed as "sound financial footings" an operating license. This allowed the banks to reopen and continue business as well as providing the public with ease of mind and allowing them to slowly rebuild their trust on towards the banking system.
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Answer:
C: sometimes primary and sometimes secondary.
Explanation:
When formulating accounting principles, the Securities and Exchange Commission’s role is sometimes primary and sometimes secondary.Securities and Exchange Commission has the responsibility to develop accounting standards which has to be enforced by public companies and they also consistently looked to the private sector for assistance in it. The securities and exchange commission retains the authority to establish the standards which formulate by them.
Answer:
11.3%
Explanation:
Given that,
Growth rate of industrial production, IP = 4%
Inflation rate, IR = 3.0%
Beta = 1.1 on IP
Beta = 0.5 on IR
Rate of return = 7%
Before the changes in industrial production and inflation rate:
Rate of return = α + (Beta on IP) + (Beta on IR)
7% = α + (1.1 × 4%) + (0.5 × 3%)
7% = α + 4.4% + 1.5%
7% - 4.4% - 1.5% = α
1.1% = α
With the changes:
Rate of return:
= α + (Beta on IP) + (Beta on IR)
= 1.1% + (1.1 × 7%) + (0.5 × 5%)
= 1.1% + 7.7% + 2.5%
= 11.3%
Therefore, the revised estimate of the expected rate of return on the stock is 11.3%.
