1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natta225 [31]
3 years ago
8

Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs t

o be $300,000, and direct labor costs to be $150,000. Actual overhead costs for the year totaled $330,000, and actual direct labor costs totaled $170,000. At year-end, Factory Overhead account is:
Business
1 answer:
marishachu [46]3 years ago
8 0
Cool 56 jack mppphtt
You might be interested in
Daves Inc. recently hired you as a consultant to estimate the company's WACC. You have obtained the following information: the f
levacccp [35]

Answer:

Explanation:

First, find the YTM of the bond (rD), you can do this with a financial calculator using the following inputs;

Maturity of the bond : N = 20

Annual coupon payment; PMT = 8%*1000 = 80

Face value; FV = 1000

Price of the bond ; PV = -1,050

then CPT I/Y = 7.51% (this is the Pretax cost of debt; the rD)

Next, find the cost of equity (rE) using CAPM;

CAPM; r = risk free + beta (Market risk premium)

rE = 0.0450 + 1.20(0.0550)

rE = 0.0450 + 0.066

= 0.111 or 11.1%

Next, WACC formula = wE*rE + wD*rD(1-tax) whereby;

w = weight of..

rD= pretax cost of debt

WACC = (0.65*0.111) + [0.35*0.0751(1-0.40) ]

WACC = 0.07215 + 0.015771

= 0.0879

Therefore, WACC = 8.79%

3 0
4 years ago
The significance of wrongful discharge suits is that they challenge an employer's right under the employment-at-will doctrine to
viktelen [127]

The significance of wrongful discharge suits is that they challenge an employer's right under the employment-at-will doctrine to unilaterally discharge employees. The given statement is true.

People who labor for others and receive compensation are said to be employed. Employees are those who work for another person, and employers hire these individuals. Any individual earning a salary while working for another person, such as an accountant, sales manager, or peon, for instance.

In most cases, the term "employment" refers to the condition of having a paid job—of being employed. A person is paid to work when they are employed. Employees are employed by an employer. As in We're working to increase our employment of women., the term "employment" can also refer to the act of employing people.

Learn more about employment here

brainly.com/question/3700565

#SPJ4

3 0
2 years ago
Under what conditions is the production possibilities frontier linear rather than bowed out
Brut [27]
The switching between the two goods allows the line to linear rather than bowed out.


8 0
3 years ago
What would a casualty insurance policy cover?
svetlana [45]

Answer:

The answer is (D) a customer injury caused by employee negligence.

Explanation:

A casualty insurance policy is a type of insurance that covers liabilities for individuals or organizations when negligence or omissions occur. It can apply to a variety of insurance types, such as aviation insurance, automobile insurance, and electronics insurance. It is not related to life insurance, health insurance, or property insurance. This makes (D) the only viable answer.

5 0
3 years ago
Read 2 more answers
D
konstantin123 [22]
Oxeringgggg off fingered eddfff f supplies
5 0
4 years ago
Other questions:
  • Which of the following best describes the amount of money you'll have if you put $1,000 into a savings account earning 1% annual
    8·1 answer
  • Suppose you invest $100,000 in a mutual fund for 10 years. The fund earns 6% pretax per year, makes no annual distributions (and
    9·1 answer
  • The relationship between the amount funded (cash sent to trustee) and the amount reported for pension expense is as follows: Sel
    9·1 answer
  • Tiny figures inserted into magazine ads via high-speed photography or airbrushing that are supposed to exert strong but unconsci
    14·1 answer
  • What value does the 5 represent in the number if 0.775
    8·2 answers
  • The difference between a merger and an acquisition is: Select one: a. That a merger involves one company purchasing the assets o
    6·2 answers
  • he cash register tape for Larkspur Industries reported sales of $7,146.30. Record the journal entry that would be necessary for
    8·1 answer
  • A depreciation of the US real exchange rate induces US consumers to buy: __________
    14·1 answer
  • The price elasticity of the supply of teenage labor services is approximately 1.36. Suppose the minimum wage rises from $7.25 pe
    6·1 answer
  • During revenue cycle monitoring, the revenue cycle is assessed to ensure financial viability and stability using metrics, which
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!