Answer:
1. 12.25
2. 15.625
3. 25.75
4. 43.75
Explanation:
Po = Do (1 + g) /( Ke - g)
(1) Po = Do (1 + g) /(Ke - g)
Where = Ke = 8% , g= -2%
Po = 1.25(1 - 2%) / ( 8% + 2%)
= 1.225 / 10%
= $12.25
(2). Po = Do (1 + g) /( Ke - g)
Where = Ke = 8% , g= 0%
Po = 1.25(1 + 0) / ( 8% - 0)
= 1.25 / 8%
= $15.625
(3). Po = Do (1 + g) /( Ke - g)
Where = Ke = 8% , g= 3%
Po = 1.25 (1 + 3%) / (8% - 3%)
= 1.2875 / 5%
= $25.75
(4) Po = Do (1 + g) /( Ke - g)
Where = Ke = 8% , g= 5%
Po = 1.25 ( 1 + 5%) / (8% - 5%)
= 1.3125 / 3%
= $43.75
Answer:
1) C=C1+C2...+Cn
2) A=A1+A2...+An
3) Explanation is in the description
Explanation:
First, we have that the information given is incomplete. We need the information of the manufacturing overhead of Orlando Enterprises. Then, we are going to work on the problem without any specific data and give a general answer that will serve for any such data.
The attached table shows a way to represent the information of the manufacturing expenses, where the left column represents the current costs and the right column the allocated costs.
1) Current manufacturing overhead is then given by:
C=C1+C2...+Cn
2) 2) The allocated manufacturing overhead is given by:
A=A1+A2...+An
3) Finally, to determine if manufactured overhead is underallocated or overallocated:
X=C-A
If x>0, the manufactured overhead is udercalled.
Answer: E) debit Contributed Capital, Treasury Stock, $1,800
Explanation:
Treasury stock was bought at price of;
= 22,000/1,000
= $22
Sold 600 for $25 so they made a profit of;
= (25 - 22) * 600
= $1,800
This gain was sent to Contributed Capital, Treasury Stock.
Now that stock is to be sold on March 1, it is sold at $15. Loss from initial purchase is;
= ( 22 - 15) * 400
= $2,800
Debit Contributed Capital, Treasury Stock of the maximum amount it can be debited of to reflect this loss which would be $1,800 which was gained in the February purchase. The rest of the loss will go to Retained earnings.
Sherrie wants to put the original money in an account with a higher interest rate. Explain which method will result in more money.
Answer: In this case I would say that both Sherrie and Harrison are good methods that will result in more money. As to find out which idea would make the most bang for the buck we would need actual data like interest rates.
I hope it helps, Regards.
Answer:
a.9.313hr
b.116.4%
c.104.0%
Explanation:
(a) Hstd= 75(7.45)/60 = 558.75/60 = 9.313 hr
(b) Ew= 9.313/8.0 = 1.164 = 116.4%
(c) Time worked = 480 – 13 = 467 min
Tc= (467 min)/(75 pc) = 6.227 min/pc
Tn= 7.45/(1 + 0.15) = 6.478 min/pc
Pw= 6.478/6.227 = 1.040 = 104.0%
