Read the excerpt from an interview with David Weekley. What is the author’s reason for donating?

You were hired as a consultant to giambono company, whose target capital structure is 40% debt, 15% preferred, and 45% common eq

alexgriva [62]

By definition, the Weighted Average Cost of Capital or WACC is the rate that an organization is expected to pay to all its security holders to finance its assets.

Mathematically this can be calculated by summation of the weighted average of the cost:

wacc = 0.4 * 0.06 + 0.15 * 0.075 + 0.45 * 0.13

wacc = 9.38%

8 0

3 years ago

Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the be

eduard

a. The plantwide predetermined overhead rate is $8.7 per machine hour.

b. The Overhead applied is 296.

c. The total manufacturing cost assigned to Job 400 is $896.

d. The unit product cost for this job is $14.93.

<h3> Predetermined overhead rate </h3>

a. Predetermined overhead rate

Predetermined overhead rate = Variable overhead cost per machine hour + Fixed manufacturing overhead cost/Estimated machine hours

Predetermined overhead rate= 4.60 + 652,000/159,000

Predetermined overhead rate= 4.60 + 4.10

Predetermined overhead rate= $8.7 per machine hour

b. Overhead applied

Overhead applied = Actual machine hours used x Predetermined overhead rate

Overhead applied = 34x 8.7

Overhead applied= $295.8

Overhead applied= $296 (rounded to nearest whole dollar)

c. Total manufacturing cost assigned to Job 400.

Job cost sheet

Direct material $370

Direct labor $230

Overhead applied $296

Total manufacturing cost $896

d. Unit product cost = Total manufacturing cost/Number of units

Unit product cost = 896/60

Unit product cost = $14.93

Inconclusion the plantwide predetermined overhead rate is $8.7 per machine hour and the Overhead applied is 296.

Learn more about plantwide predetermined overhead rate here:brainly.com/question/13341171

8 0

3 years ago

The stage of an industrial buying process in which the buying organization decides on and specifies the best technical product c

xenn [34]

Answer:

product specification

Explanation:

A design specifications refers to the document with a set of demands providing development groups with the details they need to create innovative features or functionalities.

A quality product spec may not mini-manage the production of the goods. Instead, it provides them with appropriate context regarding customers, future needs as well as other factors to enable them to make informed choices as they designing and building a response.

8 0

4 years ago

Which value gap refers to a company’s failure to accurately assess what customers really want?

fiasKO [112]

Answer:

The correct answer is: Service Quality Gap.

Explanation:

The Service Quality Gap refers to the difference between what a company understands a customer's desires and what must be really done to satisfy that consumer. Firms should make all the efforts in their hands to close that breach and provide the customer with the good or service they need to keep their businesses going. When the gap is not closed, the customer's loyalty fails, pushing them to look for different options in other organizations.

5 0

3 years ago

Culver Corporation’s adjusted trial balance contained the following accounts at December 31, 2020: Retained Earnings $122,300, C

Harrizon [31]

Answer:

Culver Corporation

Balance sheet as on December 31, 2017

Equity

Common Stock $758,700

Paid-in Capital in Excess of Par-Common Stock $208,400

Non-controlling Interest $36,200

Retained Earnings $122,300

Accumulated Other Comprehensive Loss <u>$153,200</u>

Total Equity <u>$1,278,800</u>

Explanation:

Equity accounts includes all the paid-in capital account common at par and excess of par and retained earning, non controlling interest and accumulated other comprehensive account.

The following account are non equity accounts, so these are not added to equity section of balance sheet.

Bonds Payable $108,400

Goodwill $60,900

6 0

4 years ago