Answer:
b. 2.81 times
Explanation:
Calculation to determine Total stockholders' equity, end-of-year 121,851
Total asset turnover is:
First step is to calculate the Total assets
Beginning Ending
Total liabilities $83,932 $103,201
Total equity 198,935 121,851
Total assets $282,867 $225,052
Now let determine the Total asset turnover
Total asset turnover = $712,855/[($282,867 + $225,052)/2] 
Total asset turnover= 2.81 Times 
Therefore Total stockholders' equity, end-of-year 121,851
Total asset turnover is:2.81 Times 
 
        
             
        
        
        
Answer:
New price (P1) = $72.88
Explanation:
Given:
Risk-free rate of interest (Rf) = 5% 
Expected rate of market return (Rm) = 17%
Old price (P0) = $64
Dividend (D) = $2
Beta (β) = 1.0
New price (P1) = ?
Computation of expected rate on return:
Expected rate on return (r) = Rf + β(Rm - Rf)
Expected rate on return (r) = 5% + 1.0(17% - 5%)
Expected rate on return (r) = 5% + 1.0(12%)
Expected rate on return (r) = 5% + 12%
Expected rate on return (r) = 17%
Computation:
Expected rate on return (r) = (D + P1 - P0) / P0
17% = ($2 + P1 - $64) / $64
0.17 = (2 + P1 - $64) / $64
10.88 = P1 - $62
New price (P1) = $72.88
 
        
             
        
        
        
I see this job as a opportunity to contribute to an forward thinking industry. I feel that that my skills would be something great to share with the team .
        
             
        
        
        
Answer:
(a)
For Job G15:
Direct labor = $20,000
Overhead applied = 16,000
Overhead rate = 
                          = 0.8 × 100
                          = 80%
Overhead applied = Direct labor × 80%
                          = $20,000 × 80%
                          = $16,000
Overhead is applied on direct labor. Hence, rate is 80%.
Overhead for Job B10 = Direct labor × 80%
                                      = $54,000  × 80%
                                      = $43,200
Therefore,
Total overhead applied = $43,200 + 45,750 + 16,000
                                         = $104,950
(b) Hence, 
Overapplied overhead for February: 
= Total overhead applied - Actual Overhead
= $104,950 - $68,500
= $36,450
 
        
             
        
        
        
Answer:
$700 favorable
Explanation:
Calculation to determine what The total sales-volume variance for operating income for the month of July would be
 First step is to calculate the of contribution per unit using this formula
Contribution Margin per unit
=Sales− Variable manufacturing costs−Variable marketing and administrative expense/units
Let plug in the formula
Contribution Margin per unit=$60,000−$15,000−$10,000/5,000units
Contribution Margin per unit=$7per unit
Now let calculate the total sales-volume variance using this formula
Total sales volume variance
= Actual units−Static Budget × Static contribution margin per unit 
Let plug in the formula
Total sales volume variance=5,100units−5,000units×$7
Total sales volume variance=$700 favorable
Therefore The total sales-volume variance for operating income for the month of July would be
$700 favorable