Answer:
The computation is shown below:
Explanation:
a. The company overhead rate based on direct labor is
= Total Overheads ÷ Direct Labor Hours
= $1,048,000 ÷ 40,000
= $26.2 per hour
b) Overheads Rate using Activity Based Costing is
= Cost ÷ Activity level
For Order Processing, it is
= $226,800 ÷ 14,000 orders
= $16.2 per order
For setups, it is
= $157850 ÷ 4,100 setup
= $38.5 per setup
For Milling, it is
= $395,850 ÷ 20,300 machine hours
= $19.5 per machine hour
For Shipping
= $267,500 ÷ 25,000
= $10.7 per shipment
We simply applied the above formula so that the per unit could come
To be more professional in a business sense. If I am the president of a bank I want to be classical and professional. I change with my title.
Answer:
Specializes in bringing buyers and sellers together.
Explanation:
A broker can be defined as an individual or a firm that acts as a middleman between the buyers and the sellers. A broker is a licensed agent that is permitted to purchase or sell stocks and other investments.
A broker carries out the role of a trusted intermediary in various financial transactions. Brokers receive their commissions through a percentage gotten from the purchase or sale of an asset or stock.
Answer:
Expected value of X = -11.09
Explanation:
Expected profit:
= Probability of winning × Amount she wins
= 0.03 × $180
= 5.4
Expected loss:
= Probability of loosing × Amount she paid
= 0.97 × $17
= 16.49
Let X be amount of money Mary wins or loses.
E(X) = Expected profit - Expected loss
= 5.4 - 16.49
= -11.09
Expected value of X = -11.09
That is expected value of loss of $11.09
Answer:
Modified Internal Rate of Return (MIRR) is higher than the discount rate. Therefore, this offer should be accepted.
Explanation:
Find the given attachment
