Answer:
e. under-applied by $4,000
Explanation:
The overhead rate was calcualte considering labor cost:
144,000 / 240,000 = 0.60
Each dollar of labor cost applies 60 cent of overhead
applied overhead:
$220,000 labor cost x 0-60 each = 132,000 applied overhead
now we compare against the 136,000 actual overhead
as we didn't met the value and fell short, we have underapplied the overhead.
I am pretty sure that correct definition looks like this: A court order to compel or restrain a particular action is called writ of injunction. For example, you have a lawn, and someone deliberately spoils it every day. You can apply to the court for the injunction against this person to deny the access to your lawn for this person.
Answer:
5.4%
Explanation:
Several years ago the Haverford Company sold a $1,000 par value bond that now has 25 years to maturity and an 8.00% annual coupon that is paid quarterly. The bond currently sells for $900.90, and the company’s tax rate is 40%. What is the component cost of debt for use in the WACC calculation
Face value of bond = coupon amount / interest rate
1000 = 80 / 8%
Therefore 900.9 = 80 / revised interest rate
multiply both sides by the 'revised interest rate
revised interest rate x 900.9 = 80
Hence, revised interest rate = 80 / 900.9 = 9%
Secondly if the company’s tax rate is 40%, the component cost of debt for use in the WACC calculation = kd (1 - t)
where:
kd = Cost of debt
t = tax rate
Therefore cost of debt for use in the WACC calculation = 9% (1-0.4) = 5.4%
Answer:
I would need a computer and then a laptop to work fast as I can and that will make me get more money
