Answer:
Predetermined manufacturing overhead rate= $22.2 per direct labor hour
Explanation:
Giving the following information:
Fixed manufacturing overhead= $127,840 per month
Estimated direct labor hours= 9,400
The variable overhead rate is $8.60 per direct labor hour
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (127,840 / 9,400) + 8.6
Predetermined manufacturing overhead rate= $22.2 per direct labor hour
It can be best said that Mike is now seeking a job that not only pays well, but also offers intrinsic rewards, in the form of job satisfaction and a sense of accomplishment.
Good compensation is a form of extrinsic rewards, alongside status. Intrinsic rewards are things that you find pleasing because it is satisfying to you, not because you think it would gain you respect or other people’s acceptance.
Changed the pattern of employment because they’re organizing their business around their core competence to face congestive threats effectively
So basically effect’s who they hire because they’re looking for specific skills to build a strong defense against the competition
The answer is "$228,000".
net income of based on variable costing = $212,000
<span>beginning and ending inventories were 6,000 units and 10,000 units
</span><span>fixed overhead per unit = $4
This is how we calculate the </span>net income under absorption costing;
$212,000 + (10,000 units × $4) – (6,000 × $4)
= $228,000
Answer:
the three next cash flows are missing, so I looked for similar questions and found:
- FCF1 = $20 million
- FCF2 = $25 million
- FCF3 = $30 million
in order to determine the company's value, we must first determine the horizon value in 3 years:
horizon value in year 3 = [$30 million x (1 + 5%)] / (11% - 5%) = $31.50 million / 6% = $525 million
the current value of the firm = $20/1.11 + $25/1.11² + $30/1.11² + $525/1.11³ = $18.02 + $20.29 + $21.94 + $383.88 = $444.13 million
the value of equity = $444.13 - $112.60 = $331.53 million
price per stock = $331.53 million / 25 million = $13.26 per stock
