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ad-work [718]
3 years ago
10

Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows:

Business
1 answer:
SashulF [63]3 years ago
6 0

Answer:

Instructions are below.

Explanation:

a)

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 180,660/2,600

Predetermined manufacturing overhead rate= $69.49 per machine hour

<u>Now, we can allocate overhead to each product line:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Home= 69.49*1,200= $83,388

Work= 69.49*1,400= $97,286

<u>b) We need to determine the unitary cost for each product:</u>

Home:

Unitary cost= 38 + 23 + (83,388/620)= $195.50

Work:

Unitary cost= 72 + 40 + (97,286/490)= $310.54

<u>c) Gross margin= selling price - unitary cost</u>

Home:

Gross margin= 359 - 195.5= $163.4

Work:

Gross margin= 573 - 310.54= $262.46

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C. life estate

Explanation:

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GenBrands, a foreign maker of washing machine tubs and pumps, sells its parts to several washing machine manufacturers in the Un
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This is called private branding (or private labeling)

For better understanding, we have to understand what the term private branding (or private labeling) means

  • Private branding (or private labeling) is simply known as when a company produces a particular product and thereafter sells the product to a retailer who later on resells it after registering or branding it under its own name.
  • An example is when Povlix watch maker make watches for Pinnacle to sell as its Nacles watch.
  • A brand  is often regarded as the name,design etc that set apart an organization or product from other companies (mostly its rivals) in the eyes of the customer.

From the above, we can therefore say that the answer that this is called private branding (or private labeling) is correct

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A semi-annual coupon bond has MacD of 26.7 years, yield-to-maturity of 4.2%, and price of $1189.29. What is its DV01? Answer in
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Explanation:

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2 years ago
On December 1, 2017, Prosen Distributing Company had the following account balances.
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Explanation:

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3 years ago
1) Why might investors prefer floating rate notes over a fixed rate bond?
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Answer:

These questions are incomplete since the article relating to Hologen company is not attached. However, I would answer them this way.

Explanation:

1) A floating rate bond has a shorter duration; almost zero and it has lower sensitivity to interest rates compared to a fixed rate bond.This means that the former has a lower interest rate risk. Investors tend to demand floating rate bonds when they expect future interest rates to rise because their prices would be close to their par values as their interest rates would also increase. On the other hand, fixed bond's interest rates are inversely related to their prices.

2)

For an issuing company, borrowing money floating rates terms could be riskier for cashflow management purposes . Every time interest rates increases, it means that the company would pay higher interests to lenders which could hurt its profitability. The fluctuations could also negatively affect future financial planning unlike issuing fixed rate bonds whose coupon payments are constant hence decreasing the volatility of earnings.

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