Answer:
Overapplied overhead is $1,000.
Explanation:
predetermined factory overhead rate=Budgeted overhead/Budgeted volume
=(234,000/39.000)=$6/machine hour
Hence applied overhead= predetermined factory overhead rate*Actual volume
=(6*38.500)=$231.000
Hence since applied overhead is greater than actual overhead;
overapplied overhead=(231,000-230.000)=$1,000.
Answer:
= $93.64
Explanation:
Price = D1/ (r-g)
D1 = Dividend next year =D0(1+g)
D1 = 2(1.03) =2.06
g; growth rate = 3%
r= required return (Use CAPM to find it) as shown below;
CAPM ;r = risk free + beta(MRP)
beta = 40% *1 ( since market beta is equal to 1)
therefore, Beta = 0.4
CAPM; r = 2% + (0.4*8%) = 5.2%
Next, use the rate of return i.e 5.2% , to calculate the price of the stock;
Price = D1/ (r-g)
= 2.06 / (5.2% -3%)
Price = $93.64
Answer:
Simple accounting rate of return= 27.32%
Explanation:
The accounting rate of return = Average annual operating income / Average investment
Annual depreciation = ( Cost - Salvage value)/No of years = (30,500 - 0 )/15
= 2033.33
Average Investment -= (Cost + scrap Value)/ 2
= (30500 + 0)/2 =15,250
Average Annual income = 6,200 - 2033.33
= 4166.67
Simple accounting rate of return =( 4,166.667/ 15,250
)× 100
= 27.32%
Answer:
Human resource management
Explanation:
The process of determining the qualifications of employees needed in a company and then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling these employees to achieve organizational goals is called human resource management.