Answer:
(a)
For Job G15:
Direct labor = $20,000
Overhead applied = 16,000
Overhead rate = 
= 0.8 × 100
= 80%
Overhead applied = Direct labor × 80%
= $20,000 × 80%
= $16,000
Overhead is applied on direct labor. Hence, rate is 80%.
Overhead for Job B10 = Direct labor × 80%
= $54,000 × 80%
= $43,200
Therefore,
Total overhead applied = $43,200 + 45,750 + 16,000
= $104,950
(b) Hence,
Overapplied overhead for February:
= Total overhead applied - Actual Overhead
= $104,950 - $68,500
= $36,450
Answer:
Intrinsic value is $114.30
Explanation:
Given:
Dividend paid = $8
Required rate of return = 7% or 0.07
There is no growth in dividends.
Calculate price of preferred share using DDM as shown below:
Price of preferred share = Dividend paid ÷ Required rate of return
= 8 ÷ 0.07
= $114.28 or $114.3
Therefore, price of preferred share is $114.30
Answer:
The correct answer is option b.
Explanation:
John owns hot dog stands that sell hot dogs in New York City. He employs vendors to sell hot dogs at these stands.
A decrease in the price of hot dogs will reduce the revenue and profits earned by John. So John will hire fewer workers for his stands to reduce costs.
This will cause John's demand for hot dog vendors to decline.
Answer:
b) Economies of scale
Explanation:
In general, value-creating diversification of General Electric under Jack Welch was Economies of scale.
He shut down factories, set workers loose, and offered a promise of "growing rapidly in a slow growth economy," titled a speech he made in 1981 shortly after he became President.
This period of mass restructuring gave him the surname of Neutron Jack when he took people out, much like a neutron bomb as he left the houses.
Answer:
a.capability
Explanation:
Based on the information provided within the question it can be said that the vendor selection criteria described is their capability. This basically describes what the vendor is "capable" of providing to the customer in order to serve as a "value" to the vendor's store and bring in more customers that pay for those services.
