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3 years ago

EB1.

Business

1 answer:

NikAS [45]3 years ago

8 0

Answer:

$3 per Direct labor hour

0.25

$25 per machine hour

Explanation:

Predetermined overhead rate

Using Direct labor hours:

= Overhead ÷ Direct labor hours

= $375,000 ÷ 125,000

= $3 per Direct labor hour

Using Direct labor dollars:

= Overhead ÷ Direct labor cost

= $375,000 ÷ $1,500,000

= 0.25

Using Machine hours:

= Overhead ÷ Machine hours

= $375,000 ÷ 15,000

= $25 per machine hour

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You have $256,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 14.1 percent, and Stock L

Valentin [98]

Answer: Investment in H = .4706($256,000)

Investment in H = $120,470.59

Investment in L = .5294($256,000)

Investment in L = $135,529.41

Explanation:

Investment in Stock H

Investment in Stock L

Here, the expected return of the portfolio and the expected return of the assets in the portfolio have been given and we're to calculate the dollar amount of each asset in the portfolio. So, we need to find the weight of each asset in the portfolio. Since the total weight of the assets in the portfolio must equal 1 (or 100%), we can find the weight of each asset as:

E[Rp] = .1230 = .141xH + .107(1 - xH)

xH = .4706

xL = 1 - xH

xL = 1 - .4706

xL = .5294

So, the dollar investment in each asset is the weight of the asset times the value of the portfolio, so the dollar investment in each asset must be:

Investment in H = .4706($256,000)

Investment in H = $120,470.59

Investment in L = .5294($256,000)

Investment in L = $135,529.41

8 0

4 years ago

Provide a real-world organization that is an example of each level of risk tolerance. Include the company name and industry for

Oduvanchick [21]

Risk-averse: An example of a risk-averse company would be Kodak. this company was so risk averse it did not expand in time, making it impossible for it to stay afloat.

Risk-neutral: When a company is risk-neutral, it is indifferent to risk when it comes to an investment. Many companies related to government follow this pattern, as they are mostly unconcerned without money and instead focus on other missions.

Risk-seeking: Risk seeking is a acceptance of volatility and uncertainty in the hopes for obtaining higher results. Many startup companies could be considered risk-seeking.

3 0

3 years ago

What skills do you think an aircraft engineer would need to have?

Reil [10]

Probably engineering and probably airplanes

6 0

3 years ago

Read 2 more answers

The account Paid-In Capital from Treasury Stock Transactions has a credit balance of $2,000. The corporation resells 450 share

ioda

Answer:

b. false

Explanation:

The journal entry is shown below:

Cash A/c Dr $1,350 (450 shares × $3)

Paid in capital - Treasury stock $2,000

Retained Earnings A/c Dr $1,150

To Treasury Stock A/c $4,500 (450 shares × $10)

(Being treasury stock is sold at lower price and the remaining amount would be debited to the retained earning account)

Hence, the given statement is false

8 0

4 years ago

The balance in the unearned fees account, before adjustment at the end of the year, is $900,000. Of these fees, $775,000 have be

Sloan [31]

Answer:

(a) Debit Unearned fees account $775,000

Credit Fees revenue account $775,000

(b) Debit Unbilled receivables $289,500

Credit Fees revenue account $289,500

Explanation:

When fees are received in advance but yet to be earned, a debit is posted to cash account and a credit to unearned fees. When revenue is earned, credit revenue and debit unearned fees.

As such, given that before adjustment at the end of the year, is $900,000. Of these fees, $775,000 have been earned. Adjusting entries required

Debit Unearned fees account $775,000

Credit Fees revenue account $775,000

Being entries to record revenue earned.

Also given that $289,500 of fees have been earned but not billed to clients, entries required are

Debit Unbilled receivables $289,500

Credit Fees revenue account $289,500

Being entries to accrue for revenue earned but yet to be billed.

6 0

3 years ago