Answer:
Stock price is $68.65
Explanation:
The following image shows the stock price:
Answer:
See below
Explanation:
1. Predetermined overhead rate
= Total fixed overhead cost for the year / Budgeted standard direct labor hour
Predetermined overhead rate = $530,400 / 68,000
Predetermined overhead rate
= $7.8 per direct labor hour
2. i. Fixed overhead budget variance
= Actual fixed overhead - Budgeted fixed overhead
= $521,000 - $530,400
= $9,400 favourable
ii Fixed overhead volume variance
= Budgeter fixed overhead - Fixed overhead applied to work in process
= $530,400 - (66,000 × $7.8)
= $530,000 - $514,800
= $15,200 unfavorable
Answer:
(B) multicollinearity is present.
Explanation:
Multicollinearity -
It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with the substantial degree of accuracy , is known as multicollinearity or collinearity .
<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>
hence , from the question , the indication is of (B) multicollinearity is present .
Answer: All three methods result in the same amount of total depreciation
Explanation:
Depreciation is when the value of an asset has been reduced because the asset has been used or due to wear and tear.
When considering total depreciation recorded over the entire life span of an asset, the method resulting in the highest total depreciation is the straight line method, the double declining balance method, and the activity method.
Therefore, option the answer will be that "all three methods result in the same amount of total depreciation". This is because the amount charged for depreciation can not exceed the cost involved and will be identical for the three methods
