Answer:
$7.5 per machine hour
Explanation:
The computation of the budgeted manufacturing overhead rate is shown below:
The budgeted manufacturing overhead rate = Estimated manufacturing overhead costs ÷ Estimated machine hours
= $300,000 ÷ 40,000 machine hours
= $7.5 per machine hour
In order to compute the budgeted manufacturing overhead rate we simply divided the estimated manufacturing overhead costs by the estimated machine hours.
Past experiences current experiences. ur brain
Answer:
1,2- See attached pictures.
3-
1. LIFO
2. Average
3. FIFO
Explanation:
See attached pictures.
Answer:
Set.
Explanation:
Closure property in algebra asserts that 'when an operation(multiplication, addition) takes place among the members of a set, the result produced would surely be a member of that same set.' For example, if we add or multiply two real numbers(members of the same set), the result would be a real number for sure(a member of the same set). It implies that 'real numbers are closed under multiplication and addition.' While if I subtract two real numbers, I may or may not get a real number. Thus, the real numbers are closed under subtraction.
Answer:
12.84
Explanation:
In this question, we use the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 1.5% + 1.80 × (7.8% - 1.5%)
= 1.5% + 1.80 × 6.3%
= 1.5% + 11.34%
= 12.84
Since the standard deviation is not relevant. Hence, ignored it