1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fittoniya [83]
3 years ago
13

The following information is available for the current year ending December 31:

Business
1 answer:
Oduvanchick [21]3 years ago
7 0

Answer:

Over/under allocation= $30,000 overapplied

Explanation:

Giving the following information:

Manufacturing overhead applied $150,000

The actual amount of manufacturing overhead costs 120,000

To calculate the ending balance, we need to determine whether the overhead was under or over applied:

Over/under allocation= real MOH - allocated MOH

Over/under allocation= 120,000 - 150,000= 30,000 overapplied

You might be interested in
for $32.45 per share, and the firm expects its per-share dividend to be $2.35 in one year. Analysts project the firm’s growth ra
Serggg [28]

Answer:

Cost of equity will be 12.96 %

Explanation:

We have given current price of the stock = $32.45

Expected dividend D_1=$2.35 in one year

Growth rate g=5.72%=0.0572

We have to find the cost of equity

Cost of equity is given by

Cost of equity =\frac{expected\ dividend}{current\ price\ of\ the \ stock}+growth\ rate=\frac{2.35}{32.45}+0.0572=0.1296 = 12.96 %

8 0
3 years ago
Mike just looked at his spending from last month and discovered he spent $120 buying movies. Mike knows that $120 is a lot of mo
navik [9.2K]

Answer:

B

Explanation:

4 0
3 years ago
Read 2 more answers
the amount of goods and services produced by an economy divided by the amount of resources used to make those goods and services
Elenna [48]
Gross dometic product
3 0
3 years ago
Which of these factors would strengthen demand for a nation’s currency on the international market? Select all that apply.
-BARSIC- [3]

Answer:

B C D F

Explanation:

3 0
3 years ago
Read 2 more answers
Ben was considering spending his gift card on books, music downloads, or movie tickets. He chose the movie tickets. Any values g
Bess [88]

Answer:

b

Explanation:

6 0
4 years ago
Other questions:
  • Board members of a nonprofit organization are calculating the salary offer for a new ceo. the board wants to ensure the salary p
    9·2 answers
  • A company issues $15,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2019. Interest is paid on June 30 and December 31. T
    13·1 answer
  • All new employees must first complete a six-week training program.
    11·1 answer
  • You are part of a knowledge management team that is interested in improving the user experience for your organization. The team
    5·1 answer
  • Innove Tech is a technological firm that wants to build a global service delivery system. It has consulted a larger firm, Ziff C
    12·1 answer
  • Identify needed skills of employees and managers. Compare the use of ethnocentric, polycentric, and geocentric approaches to sta
    13·1 answer
  • The risk free rate of return is 2.5% and the market risk premium is 8%. Rogue Transport has a beta of 2.2 and a standard deviati
    6·1 answer
  • 5. Refer to the original data. By automating, the company could reduce variable expenses by $3 per unit. However, fixed expenses
    6·1 answer
  • In four to six sentences, explain the savings-borrowing-Investing cycle.​
    8·1 answer
  • Swifty Company's accounting records show the following at the year ending on December 31, 2022: Purchase Discounts $ 11300 Freig
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!