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3 years ago

Koczela Inc. has provided the following data for the month of May:

Business

1 answer:

scZoUnD [109]3 years ago

7 0

Answer:

$234,000

Explanation:

cost of goods manufactured = beginning work in process + direct materials + direct labor + manufacturing overhead cost applied - ending work in process

cost of goods manufactured = $25,000 + $65,000 + $95,000 + $69,000 - $20,000 = $234,000

cost of goods sold = beginning finished inventory + cost of goods manufactured - ending finished inventory + underapplied overhead

cost of goods sold = $54,000 + $234,000 - $58,000 + $2,000 = $232,000

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The expected return on Natter Corporation's stock is 14%. The stock's dividend is expected to grow at a constant rate of 8%, and

AysviL [449]

Answer:

d. The stock price is expected to be $54 a share one year from now.

Explanation:

Using dividend discount model(DDM), find next year's dividend;

P0 = D1/ (r-g)

50 = D1/(0.14-0.08)

50 = D1/ 0.06

Multiply both sides by 0.06 to solve for D1;

50 *0.06 = D1

3 = D1

Next, year's dividend is $3

Dividend yield = D1/P0;

= 3/ 50 = 0.06 or 6% hence choices A& B are incorrect.

Next year's price; P1 = P0(1+g)

P1 = 50(1.08) = $54 hence choice D is correct

7 0

4 years ago

Before the year began, Venus Manufacturing estimated that manufacturing overhead for the year would be $175,100 and that 25,600

Elodia [21]

Answer:

$42,680 under applied

Explanation:

The computation is shown below:

First, Calculate the predetermined overhead rate per hour which equals to

= (Estimated Overhead cost ÷ estimated machine hours)

= ($175,100 ÷ 25,600 hours)

= $6.84 per hour

So, the applied overhead equals to

= Predetermined overhead rate per hour × actual machine hours

= $6.84 per hour × 20,500 hours

= $140,220

So, the over/under applied overhead equals to

= Applied overhead - actual overhead

= $140,220 - $182,900

= $42,680 under applied

4 0

4 years ago

You invest $650 in security A with a beta of 1.2 and $450 in security B with a beta of 0.7. The beta of this portfolio is ______

e-lub [12.9K]

Answer:

Beta of this portfolio = 0.9953

Explanation:

Given:

Investment in security A = $650 beta 1.2

Investment in security B = $450 beta 0.7

Find:

Beta of this portfolio

Computation:

Beta of this portfolio = [650 / (650+450)]1.2 + [450 / (650+450)]0.7

Beta of this portfolio = [650 / (1,100)]1.2 + [450 / (1,100)]0.7

Beta of this portfolio = 0.7090 + 0.2863

Beta of this portfolio = 0.9953

6 0

4 years ago

I need help with this please

Marizza181 [45]

Answer:

thanks for asking for help

3 0

3 years ago

Consumer surplus is the a. amount of a good consumers get without paying anything. b. amount a consumer pays minus the amount th

NARA [144]

Answer:

C) amount a consumer is willing to pay minus the amount the consumer actually pays.

Explanation:

Consumer surplus is a situation in which a consumer is willing to pay more for a product but he/she actually pays less that is he pays a lesser price compared to what he is willing to pay.

For example, a consumer is willing to pay $5 for a magazine but when he got to the mall, the price of the magazine is $4. The consumer surplus will be price he is willing to pay minus the price he bought it.

Consumer surplus= $5-$4

=$1

Consumer surplus is the difference between between the willing price of a consumer and the actual price paid(lesser than the willing price). It is a benefit to the consumer because they pay less than what is expected at the same value of satisfaction.

Consumer surplus is represented on a supply and demand curve by the area between the equilibrium price and the demand curve.

5 0

3 years ago