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Sonja [21]
3 years ago
5

The Nite Lite Company manufacture small lamps and desk lamps.

Business
1 answer:
valina [46]3 years ago
5 0

Answer:

Total factory overhead rate = $200,000

<u />

Explanation:

         Total overhead allocated to Desk lamps

                                      Desk lamps                   Amount              

Setups                 60,000/24,000 * 16,000   =   40,000

Inspections         120,000 /24,000 * 8,000   =    40,000

Assembly           280,000/28,000 * 12,000 =     <u>120,000</u>

Total factory overhead rate                          =    <u>$200,000</u>

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8 0
3 years ago
Read 2 more answers
Isabel, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December she received
Olegator [25]

Answer:

The after-tax cost is $23,940

Explanation:

For computing the after-tax cost, first we have to compute the present value which is shown below:

Present value = Bill payment × marginal tax rate

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8 0
3 years ago
An attractive business climate is defined by only one dimension: it minimizes the political risk to a company.
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4 0
3 years ago
The common stock of Jensen Shipping has an expected return of 16.2 percent. The return on the market is 11.2 percent, the inflat
tankabanditka [31]

Answer: 1.66

Explanation:

Based on the information given in the question, the beta of the stock will be calculated as follows:

Expected return = 16.2%

Market return = 11.2%

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We should note that:

Expected return = risk-free rate + Beta × (market rate- risk-free rate)

Therefore,

16.2% = 3.6% + Beta × (11.2% - 3.6%)

16.2% = 3.6% + Beta × 7.6%

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Beta = 12.6% / 7.6%

Beta = 1.66

4 0
3 years ago
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