18 ticket takers should Madge hire, if Madge is the manager at a sports arena that draws an average 3,500 patrons per event and each ticket taker can process 200 event-goers per event.
Explanation:
The given is,
Madge is the manager at sports arena
3,500 patrons per event
Ticket takers can process 200 event-goers per event
Step: 1
Let, x - No. of ticket takers
Formula to calculate ticket takers,
Substitute the values,
= 17.5
x ≅ 18 ticket takers
Madge should hire 18 ticket takers.
Result:
18 ticket takers should Madge hire, if Madge is the manager at a sports arena that draws an average 3,500 patrons per event and each ticket taker can process 200 event-goers per event.
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
Answer:
71.19 per machine hour
Explanation:
Data provided as per the question is below:-
Total overhead = $11,533,000
Total machine hours = 162,000
The computation of overhead rate is shown below:-
Overhead rate = Total overhead ÷ Total machine hours
= $11,533,000 ÷ 162,000
= 71.19 per machine hour
Therefore, for computing the overhead rate we simply divide the total machine hour by total overhead.
Seasoned equity offering could be defined as a new issue of common stock offered to the general public by a firm that is currently publicly held.
<h3>
What is Seasoned equity offering?</h3>
- An existing publicly traded firm may issue fresh shares through a "seasoned equity offering," "secondary equity offering," or "capital raise."
- Seasoned offers might include new shares (dilutive), shares sold by current shareholders (non-dilutive), or a combination of the two. It can be a shelf offering if the seasoned stock offering is made by an issuer that complies with certain regulatory requirements.
- In a public offering known as an initial public offering (IPO) or stock launch, shares of a firm are sold to institutional investors as well as, often, to retail (individual) investors.
- The shares are normally listed on one or more stock exchanges and are typically underwritten by one or more investment banks.
To learn more about Seasoned equity offering with the given link
brainly.com/question/2699653
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Question:
Which one of the following terms could be defined as a new issue of common stock offered to the general public by a firm that is currently publicly held?
Initial public offering
Private placement
Rights offer
Venture capital
Seasoned equity offering
Answer:
B.
Explanation:
The benefits of bank reconciliation is to detect errors such as double payments, missed payments, calculation errors etc.
Therefore they will be no need for adjustment to be recorded for bank errors, outstanding checks, and deposits in transit.