Answer: $51300
Explanation:
From the question, we are informed that Osgood applies overhead at rate of 190% of direct cost material and we've been given the direct cost material as $27, 000. Therefore, the total overhead applied to the job will be:
= $27000 × 190%
= $27000 × 1.9
= $51300
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Each unit of output requires 0.52 direct labor-hours. The direct labor rate is $9.00 per direct labor-hour. The production budget calls for producing 1,700 units in April and 1,600 units in May. The company is committed to paying its direct labor workforce for at least 960 hours a month.
We need to calculate the total number of hours required each month.
April:
Direct labor hours= 1,700 units* 0.52= 884 hours
Total cost= 960 hours*$9= $8,640
May:
Direct labor hours= 1,600 units* 0.52= 832 hours
Total cost= 960 hours*$9= $8,640
If a portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. The portfolio beta is 1.119.
<h3>Portfolio beta</h3>
Using this formula
Portfolio beta=(Stock A portfolio×beta)+[(1-Stock A porfolio)× Stock B beta]
Let plug in the formula
βp = (.65 × 1.21) + [(1 - .65) × .95]
βp = (.7865) + [.35 × .95]
βp= .7865+ .3325
βp = 1.119
Therefore the portfolio beta is 1.119.
Learn more about portfolio beta here:brainly.com/question/14986133
C) Mutual funds. They usually invest capital that has different origins (clients of an investment organization) to buy securities from different firms and create a profit from it.
Hi there
What we need first is the book value of the equipment
The book value is
originally costing - accumulated depreciation
100,000−65,000=35,000
Since the sale price is 40000 and the book value is 35000 This result a gain of 5000 (40000-35000)
Good luck!
