Internal users of financial information Are those individuals involved in managing and operating the company.
Answer: Option (B) is correct.
Explanation:
Internal users are people inside the organization. Internal users of financial information are those who are directly involved in managing and operating the organization. They make use of the information to improve the efficiency and effectiveness of an organization.
Internal users consist of all managers like purchase managers, human resource managers, marketing managers, service managers, etc. it consists of employees and the owner of a concern. Internal users take various important decisions based on financial information.
Answer:
$15.34
Explanation:
The formula and the computation of the predetermined overhead rate is shown be
Predeterminer overhead rate = Manufacturing overhead ÷ direct labor hours
where,
Manufacturing overhead is
= $359,860 + $8,300
= $368,160
And, the direct labor hours is 24,000
So, the predetermined overhead rate is
= $368,160 ÷ 24,000
= $15.34
Answer:
Vehicle registration
Explanation:
Vehicle registration reoccurs annually, the other costs are one time.
Answer:
required return on the company's stock = 11%
Value of each share =$88.51
Explanation:
The constant growth model states that 
. If ke is made subject of formular, 
.
This implies that ke= dividend yield plus growth rate = 6%+5%=11%. Therefore the required return on the company's stock = 11%
Values of each share = 
.
where 
and P3= 
Value of each share = 
= 88.51
Answer:
$10,241.53
Explanation:
Using the activity-based costing system, Overhead cost for Product K91B would be?
Setting up batches 89 batches x $59.56= $5300.84
Processing customer orders 39 orders x $72.96= $2,845.44
Assembling products 493 hours x $4.25= $2,095.25
Total Overhead cost $10,241.53
