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Anarel [89]
3 years ago
5

K Company estimates that overhead costs for the next year will be $3,600,000 for indirect labor and $950,000 for factory utiliti

es. The company uses direct labor hours as its overhead allocation base. If 104,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?
Business
1 answer:
Savatey [412]3 years ago
6 0

Answer:

$43.75 per direct labor Hour

Explanation:

Overhead rate is the rate of allocation of overheads based on an activity. In this question direct labor is used as an activity. Total overhead of a plant also includes the utilities of the plant.

Total Overhead of plant = $3,600,000 + $950,000 = $4,550,000

Direct labor hours = 104,000 hours

We can calculate the overhead rate after dividing total overhead with total direct labor hours.

Plant-wide overhead rate = $4.550,000 / 104,000 = $43.75 per direct labor Hour

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Are the parties approaching the conflict from a hostile standpoint? Is the outcome likely to be a negative one for the organizat
Paraphin [41]

Answer: DIAGNOSING CONFLICT.

Explanation: WHEN diagnosing conflict especially in the workplace,structured processes are followed inorder to have a clear understanding of what the conflict is all about and also to respond amicably to the conflict, dispute and transactions. Conflict diagnosis provides us with a rigorous,detailed and clear framework for understanding and appreciating the multiple facets of any conflict and how best to approach it inorder to arrive at a peaceful resolution.

When diagnosing conflict, considerations has to be made pertaining key factors that play significant role in the conflict and the possible outcome one is expecting to arrive at once the conflict is resolved and this will take us to the questions which are those key factors;

Are the parties approaching the conflict from a hostile standpoint?

Is the outcome likely to be a negative one for the organization?

Do the potential gains of the parties exceed any potential losses?

Is energy being diverted from goal accomplishment?

6 0
3 years ago
A firm has experienced a constant annual rate of dividend growth of 7 percent on its common stock and expects the dividend per s
Sveta_85 [38]

Answer:

The value of the firm's common stock is $48

Explanation:

The constant dividend growth model is used to determine the market value of the share and which can be expressed as:

P = \dfrac{D}{r-g}

here;

the value of the current market price of the share (P) = unknown?

The dividend expected in the next year (D) = $2.40

The required rate of return (r) = 12% = 0.12

The growth rate (g) = 7& = 0.07

Replacing the values into the above equation:

P = \dfrac{2.40}{0.12-0.07}

P = \dfrac{2.40}{0.05}

P = $48

3 0
3 years ago
A seasoned loan is a: (a)loan with a payment record. (b)long-term loan. (c)first encumbrance. (d)None of the above
den301095 [7]

Answer:

The correct answer is A

Explanation:

Seasoned loan is the loan which is defined as the loan that has been made out for at least a year, in which the borrower of the loan has a good history in relation to the payment of the loan. It is considered a sign that the loan will be unlikely to default. And it may command the higher prices on the secondary market.

In short, it is defined as the loan which has been paid on time and the adequate amount of time to give the lender, the belief that it will be continue in this way.

So, it is a loan with the payment record of the payments made by the borrower.

7 0
3 years ago
If nicotine in cigarettes is highly addictive, why would it make economic sense for producers of cigarettes to offer free sample
makkiz [27]
If the nicotine cigarettes are highly addictive and they were to offer the free samples to young adults then it will make the people be highly addictive in the nicotine cigarettes and this will cause the economy in the producers to have a less demand in elasticity. If it has a less elasticity, then it will cause a large price change, affecting the consumed quantity by the consumers.
8 0
4 years ago
Read 2 more answers
9 . Implied interest rate and period Consider the case of the following annuities, and the need to compute either their expected
vodomira [7]

Answer:

IRR 6% for Jabob

His friend will need 12 years saving cash to obtain their collegue funds.

Explanation:

We will solve for the rate being the annuity of 3 payment of 800

and the present value 2,138.41

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\  

C 800

time 3

PV 2,138.41

rate ?

800 \times \frac{1-(1+x)^{-3} }{x} = 2,138.41\\  

To solve we can use excel, a financial calculator or trial and error

For excel we will do the following:

write the list of cash through the loan life:

-2,138.41

+800

+800

+800

then we write in the empy cell

=IRR(

select the values and press enter

This will give the IRR which is 6%

For the second assignment:

we need to solve for time:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\  

C    3,800

time            n  

rate            0.06

PV $31,897

3800 \times \frac{1-(1+0.06)^{-n} }{0.06} = 31,897\\  

 We work out the formula:

(1+0.06)^{-n} = \frac{31,897\times 0.06}{3,800}

Now we solve the right side and apply logarithmic properties

-n = \frac{log0.503636842
}{log1.06}

-n = -11.77128325

n = 11.77

It will take 12 years to obtain their target amount

3 0
4 years ago
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