Answer:
c. $5.1 per hour.
Explanation:
Estimated Manufacturing overhead = $249,000
Estimated direct labour hours = 50,000
Predetermined overhead Rate = Estimated Manufacturing overhead / Estimate direct labor hours
Predetermined overhead Rate = $249,000 / 50,000
Predetermined overhead Rate = $4.98
The given is inconsistent with the options given in this question. A similar question is attached with this answer. The following answer is made according to the attached question. please find that.
Estimated Manufacturing overhead = $254,000
Estimated direct labour hours = 50,000
Predetermined overhead Rate = Estimated Manufacturing overhead / Estimate direct labor hours
Predetermined overhead Rate = $254,000 / 50,000
Predetermined overhead Rate = $5.08 = $5.1 per hour
Answer:
10.68%
Explanation:
Data provided in the question:
Returns on stock : 12%, 16%, 10%, 19%, 15%, -6%
Now,
Geometric average return on the stock is calculated as:
Geometric average return = 
Thus,
For the given returns on stock
Geometric average return
=![[ (1 + 0.12)\times(1 + 0.16)\times(1 + 0.10)\times(1 + 0.19)\times(1 + 0.15)\times(1 + (- 0.06)) ]^{\frac{1}{6}}-1](https://tex.z-dn.net/?f=%5B%20%281%20%2B%200.12%29%5Ctimes%281%20%2B%200.16%29%5Ctimes%281%20%2B%200.10%29%5Ctimes%281%20%2B%200.19%29%5Ctimes%281%20%2B%200.15%29%5Ctimes%281%20%2B%20%28-%200.06%29%29%20%5D%5E%7B%5Cfrac%7B1%7D%7B6%7D%7D-1)
= ![[ 1.12\times1.16\times1.10\times1.19\times1.15\times0.94 ]^{\frac{1}{6}}-1](https://tex.z-dn.net/?f=%5B%201.12%5Ctimes1.16%5Ctimes1.10%5Ctimes1.19%5Ctimes1.15%5Ctimes0.94%20%5D%5E%7B%5Cfrac%7B1%7D%7B6%7D%7D-1)
= ![[1.8384056768]^{\frac{1}{6}}-1](https://tex.z-dn.net/?f=%5B1.8384056768%5D%5E%7B%5Cfrac%7B1%7D%7B6%7D%7D-1)
= 1.1068 - 1
= 0.1068
or
= 0.1068 × 100%
= 10.68%
Answer:
Contingencies are potential liabilities that might result because of a past event
Explanation:
Reasonably possible losses are only described in the notes and remote contingencies can be omitted entirely from financial statements.