Answer:
activitity rate:
![\left[\begin{array}{ccccc}$Activity&$Driver&$cost&$Total&$Rate\\$Machine Setups&setups&72,000&400&180\\$Special processing&$machine hours&200,000&5,000&40\\$General factory&$direct labor hours&816,000&24,000&34\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%24Activity%26%24Driver%26%24cost%26%24Total%26%24Rate%5C%5C%24Machine%20Setups%26setups%2672%2C000%26400%26180%5C%5C%24Special%20processing%26%24machine%20hours%26200%2C000%265%2C000%2640%5C%5C%24General%20factory%26%24direct%20labor%20hours%26816%2C000%2624%2C000%2634%5C%5C%5Cend%7Barray%7D%5Cright%5D)
sprocked unit cost: $ 38.95
hub units cost: $ 93.00
Explanation:
We divide teh cost pool over the total of the cost driver.
This give us the activitty rate.
Then we multiply each rate by the use of each product:
And divide by the total units to get the unti manufacturing overhead
![\left[\begin{array}{ccc}$Activity&$Hubs&$Sprockets\\$Machine Setups&18,000&54,000\\$Special processing&200,000&0\\$General factory&272,000&54,4000\\$Total&490,000&598,000\\$Units&10,000&40,000\\$Overhead per unit&49&14.95\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D%24Activity%26%24Hubs%26%24Sprockets%5C%5C%24Machine%20Setups%2618%2C000%2654%2C000%5C%5C%24Special%20processing%26200%2C000%260%5C%5C%24General%20factory%26272%2C000%2654%2C4000%5C%5C%24Total%26490%2C000%26598%2C000%5C%5C%24Units%2610%2C000%2640%2C000%5C%5C%24Overhead%20per%20unit%2649%2614.95%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Finally we add the cost component:
Sprocked:
materials $ 18 + $ 15 x 0.40 units + $ 14.95 = 38.95
Hubs
materials $ 32 + $ 15 x 0.80 units + $ 49 = 93
Answer:
False
Explanation:
When you buy on margin you are borrowing money from your broker in order to purchase securities. The advantage of buying on margin is that you can purchasing a larger amount of stocks, but that also increases the risk of your investment as well as the potential returns.
Answer:
35,000 stocks
Explanation:
Dividends can be either distributed in cash or distributed as new stock. In this case the company decided to issue stock instead of cash payments. Since the company has 500,000 outstanding and the board declared a 7% dividend, then 35,000 stocks should be issued (= 500,000 x 7%).
Whether shareholders receive money or stocks, they still have to include the dividends as part of their gross income.
Answer:
Market value of stock A = 20 shares x $10 = $200
Market value of stock B = 15 shares x $3 = $45
Market value of stock C = 10 shares x $5 = $50
Total market value $295
Amount to invest in stock A
= $200/$295 x $5,000
= $3,389.83
Explanation:
In this case, we will calculate the market value of each stock by multiplying the number of each stock by their corresponding market prices.
Thereafter, we will divide the market value of stock A by the total market value multiplied by amount available for investment ($5,000).
