Answer:
$6.00 per machine-hour
Explanation:
Total estimated manufacturing overhead = $300,000
Estimated machine hours = 50,000 hours
Predetermined overhead rate = Total estimated manufacturing overhead / Estimated machine hours
Predetermined overhead rate = $300,000 / 50,000 machine hours
Predetermined overhead rate = $6 per machine hour
So, The correct asnwer is $6.00 per machine-hour.
Answer: Option (E)
Explanation:
Managerial accountant tends to analyzes and records the financial data and information by the means of interpreting, collecting, and also preparing financial data to company's or organization's management team. The information and data is further then used in order to form practical financial decisions which can further benefit the organization's overall growth.
Answer:
The first answer is correct (A).
The theoretical models of economics are characterized by producing insights about the real functioning of the economy. In this way, a well-adjusted model identifies the patterns of functioning of economies, such as economic cycles and the expectation reversion aspects of economic agents and crises.
However, no model has the ability to control any economic aggregate. The models serve for the authorities to get ahead of economic events and make efficient decisions according to their objectives. For example, stimulating the economy, curbing inflation or avoiding crises.
Explanation:
Answer:
The maximum price we should be willing to pay for this IBM bond is $ 877.
Explanation:
The price of bond can be determine by discounting all future cashlows we will get from bond in form of interest payment or redemption amount using expected rate of return.
The detail calculation is given below.
Price = 1000 * Discount factor + annuity factor * 80
Price = 1000 * 0.386 + 80 * 6.145 = 878
Discount factor = (1+10%)^-10 = 0.386
Annuity factor = (1 - (1+10%)^-10)/10% = 6.145
Answer:
($89,000)
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
the net cash provided by (used in) financing activities on the statement of cash flows would be:
= -$30,000 - $59,000
= - $89,000
Others not involved in the computation are investing and operating activities
