Answer:
The expected return from a portfolio consisting of 25% of stock A and 75% of stock B is 18.5%
Explanation:
Return on portfolio=Return of security A *Weight of security A+Return of security B *Weight of security B
Return of security A=14%
Return of security B=20%
Weight of security A=25%
Weight of security B=75%
Return on portfolio = 14
%
∗ 25
/100 + 20% ∗ 75
/100
Return on portfolio = <u>18.5
%</u>
Answer:
c. $615.88
Explanation:
David owns a total 6,443.6
Each share value is 72.40
We have to divide his amount over the cost of each share to know how many shares David has.
$ 6,443.60 total investment / $72.40 per share= 89 shares
Trochel Office Supplies pays 6.92 dollars per share
Therefore, total dividends paid to David:
89 shares x 6.92 dollars = $ 615.88 total dividends
Answer:Please see explanation below
Explanation:
Labor Cost for Job 345 = Labor Hours × Direct labor rate
= 590 hours × $18 = $10,620
Labor Cost for Job 999.= Labor Hours × Direct labor rate
800 hours × $23= $18,400
Total Labor cost == $10,620 + $18,400
= $29,020
So since the assets increases, Work in process is debited and wages payable credited as it increases the liabilities.
The journal entry to record the flow of labor costs into production is given as
Journal to record the flow of labor cost
Account titles and explanation Debit Credit
Work in process $29,020
To Wages payable $29,020
Emergency repairs or additional supervisors for an unanticipated second shift will likely lead to an unfavorable fixed overhead spending variance.
Accounting fees, advertising, insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, phone bills, travel expenses, and utilities are examples of overhead expenses. Administrative overheads and manufacturing overheads are the two main types of business overheads.
Overhead costs, also known as overhead or operating expenses, are expenses associated with running a business that is not directly related to the creation or production of a product or service. They are the expenses incurred by the company to remain in business, regardless of its level of success.
To know more about overhead spending, click here.
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Answer: Newton Grocers
Explanation: Newton Grocers will have the most accurate inventory because no sales was made during the time of stock taking. This will give rise to proper and accurate record taking without addition or subtractions of stock as the inventory is being done.
