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3 years ago

Seaside Company's manufacturing overhead is overallocated by $16,000. The following inventory account detail is provided

Business

1 answer:

Mrac [35]3 years ago

4 0

Answer:

b. $23,350

Explanation:

The computation of final balance in fatal work-in-process inventory is presented with the help of spreadsheet as attached below:-

The formula is presented below:-

Amount of Over-allocated Overheads = Percentage of overhead applied × Over-allocated Overheads

Account Balance after = Account Balance before - Amount of Over-allocated Overheads

Therefore the correct answer is b. that is $23,350

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You are 30 years old today and are considering studying for an MBA. You just received your annual salary of $50,000 and expect i

Liono4ka [1.6K]

Answer:

Yes, you should take the MBA because the NPV of taking the MBA is positive.

Explanation:

the total economic costs of taking the MBA program include the lost wages + the costs of taking the MBA and any interest you could have earned by investing it on something else = ($50,000 x 1.03) + ($50,000 x 1.03²) + (2 x $30,000 x 1.08) = $51,500 + $53,045 + $64,800 = $169,345

the present value of your total economic costs:

$51,500/1.08 + $53,045/1.08² + $32,400/1.08 + $32,400/1.08² = $47,685.19 + $45,477.54 + $30,000 + $27,777.78 = $150,940.51

if you continued to work, your salary at year 3 would be $54,636.35 and it would continue to increase by 3% every year. The salary that you can earn with an MBA is $80,000 and it will grow by 4% per year. I used an excel spreadsheet to calculate future salaries and the differential amount between them. Then I calculated the PV at the beginning of year 3 of the differential income.

The PV of the differential income today = $560,281.31 /1.08³ = $444,769.38

the NPV of taking an MBA = $444,769.38 - $150,940.51 = $293,828.87

6 0

3 years ago

Multiple Choice Question Mahan Corporation expects total sales to increase by 20% over the next year. The corporation has no spa

AlekseyPX

Answer:

$48,000

Explanation:

The computation of the corporation debt is shown below:

Since the asset is increased by 20%

The present asset is $100,000

ANd, the increased assets is

= $100,000 + $100,000 × 0.20

= $100,000 + $20,000

= $120,000

Now the debt is

= $120,000 × 0.4

= $48,000

hence, the last option is correct

3 0

2 years ago

Business fluctuations are systematic increases and decreases in real GDP. Please select the best answer from the choices provide

BlackZzzverrR [31]

From the subject of economics, specifically macroeconomics, it says that the statement above is false. Business cycles, not business fluctuations, are systematic increases and decreases in real GDP. Business fluctuations are called unsystematic changes.

5 0

3 years ago

Read 2 more answers

Explain how lowell took advantage of division of labor.

AveGali [126]

Im not sure, sorry, I wish I could help

8 0

3 years ago

A researcher wants to test the order of integration of some time series data. He decides to use the DF test. He estimates a regr

pav-90 [236]

Answer:

a) H0: u = presence of a unit root

HA: u ≠ presence of a unit root ( i.e. stationary series )

b) t stat = -0.064

c) We will reject the Null hypothesis and the next step will be to accept the alternative hypothesis

d) It is not valid to compare the estimated t stat with the corresponding critical value because a random walk is non-stationary while the difference is stationary because it is white noise

Explanation:

a) stating the null and alternative hypothesis

H0: u = presence of a unit root

HA: u ≠ presence of a unit root ( i.e. stationary series )

b) performing the test

critical value = -2.88

T stat = coefficient / std error

= -0.02 / 0.31 = -0.064

c) From the test, the value of T stat > critical value we will reject the Null hypothesis hence the next step will be to accept the alternative hypothesis

d) It is not valid to compare the estimated t stat with the corresponding critical value because a random walk is non-stationary while the difference is stationary because it is white noise

5 0

3 years ago