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
hjlf
3 years ago
14

Beach Runner makes running shoes and they are anticipating the incurrence of the following manufacturing overhead costs during t

he upcoming year: Cost Indirect materials...........$4,000 Indirect Labor .......................$70,000 Utilities...................................$42,000 Insurance.................................$7,000 Taxes.........................................$9,000 Depreciation on equipment $20,000 What will Beach Runner budget for cash disbursements related to manufacturing overhead? (1 Point)
Business
1 answer:
Lady_Fox [76]3 years ago
6 0

Answer:

Beach Runner

Manufacturing Overhead Budget for Cash Disbursements:

Indirect materials = $4,000

Indirect labor = $70,000

Utilities = $42,000

Insurance = $7,000

Taxes = $9,000

Total = $132,000

Explanation:

Cash disbursement will not be incurred in respect of Depreciation on equipment.  This is why depreciation is excluded.

Depreciation of a capital asset is not a cash flow item.  Depreciation is an accounting technique or measure used to spread the cost of a capital asset over its useful life in accordance with the matching principle.

You might be interested in
Required information Skip to question [The following information applies to the questions displayed below.] The December 31, 202
Furkat [3]

Answer and Explanation:

The preparation of the income statement is presented below:

Service Revenue 340,000

Less:

Salaries Expense 240,000

Rent Expense 12,000

Depreciation Expense 24,000

Interest Expense 3,400

Net income $60,600

Hence, we simply deduct the expenses from the service revenue so that we get the net income

8 0
3 years ago
Caribou Gold Mining Corporation is expected to pay a dividend of $6 in the upcoming year. Dividends are expected to decline at t
Oxana [17]

Answer:

A) $50

Explanation:

The computation of the intrinsic value of the stock is shown below:

But before that the required rate of return is computed by using CAPM

Required rate of return = Risk-free rate of return + Beta × (Market rate of return - risk-free rate of return)

= 5% + 0.5 × (13% - 5%)

= 5% + 0.5 × 8%

= 5% + 4%

= 9%

Now the intrisinc value is

= Dividend ÷ (required rate of return - growth rate)

= $6 ÷ (9% - (-3%)

= $6 ÷ 12%

= $50

Hence, the intrinsic value of the stock is $50

Therefore the correct option is A.

4 0
3 years ago
What is the cheif reason why a person would become a supervisor?
sesenic [268]
The right answer for the question that is being asked and shown above is that: "C. work-related knowledge." the chief reason why a person would become a supervison is that of <span>work-related knowledge .</span>
7 0
3 years ago
Read 2 more answers
Flo is working on a construction site when she is injured on the job in the collapse of a girder company-made beam. at the time,
Bumek [7]
Injuries during working hours at a construction site leads to several legal consequences. If a person gets injured at working site, he/she can file civil law suit for negligence or product liability.
In the above situation, Flo was not wearing any safety wear while working on the construction site of a Grider company. She can file a product liability suit against the Girder company.
The company can most successfully raise the defense of "negligence". Since Flo was not wearing any safety wear during her working hours, the company can raise the defense of negligence because she knew that working on construction site without wearing safety gears may cause harm to her.
4 0
3 years ago
PackMan Corporation has semiannual bonds outstanding with nine years to maturity and the bonds are currently priced at $754.08.
Alja [10]

Answer:

b. 8.225%

Explanation:

The rate formula will be used to solve this question.

Please note that the NPER represents the time value.

Where;

Present value is $754.08

Let's assume that the face value is $1,000

PMT= 1,000 x 7.25% ÷2

=$36.25

NPER= 9 years x 2

= 18 years

The formulae is therefore

Rate(NPER,PMT,-,PV,FV)

The value of the present value is negative.

a. The pretax would therefore be 11.75%

b. After tax cost of debt would be ;

Pretax cost of debt x (1 - tax rate)

11.75% x (1 - 30%)

11.75% x (1 - 0.03)

=8.225%.

4 0
3 years ago
Other questions:
  • You are trying to pick the least-expensive car for your new delivery service. You have two choices: the Scion xA, which will cos
    6·1 answer
  • You decide to save money for your daughter's education which requires a one time payment of $60,000 in 10 years and in pursuit o
    6·1 answer
  • Hannah Roberts owns and operates Hannah's Pool Service Company. On January 1, Hannah Roberts, Capital had a balance of $252,000.
    7·1 answer
  • As a preferred stockholder, you are entitled to numerous preferences and privileges over common stockholders. If you are a prefe
    9·1 answer
  • Money does what it does. Explain
    14·1 answer
  • Escanaba purchased five-year debt securities on 1/1/21, which it plans to hold until maturity. At 12/31/21, the market value is
    9·1 answer
  • An electronics company makes communications devices for military contracts. The company just completed two contracts. The navy c
    7·1 answer
  • How would you do this question ??
    13·1 answer
  • Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number
    6·1 answer
  • Which of the four main methods of international entry did assan motors employ to expand into the u. s.? What are the strengths a
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!