Answer and Explanation:
the supply effect of large deficits should cause interest rates to go up. The economic crisis caused wealth and income to be lower
which brought about a depression inTreasury bond demand, corporate bond supply also fell the more as investment opportunities reduced. A greater leftward shift in the bond
supply curve than the rightward shift in the bond demand curve would bring about a rise in
bond prices and a reduction in interest rates. Because off the seriousness of the global crisis, the United States
treasury debt became safe for forms of investment, with relative risk falling and liquidity
for U.S. treasury debt rising.
This then increased the U.S. treasury bond demand, resulting into higher
bond prices and lower yields.
Answer:
$16,773.36
Explanation:
this is an annuity due since Jake will need to withdraw money at the beginning of the year, not the end of the year:
principal = $60,000
n = 4 distributions
interest rate = 8%
annual withdrawal = principal / annuity due factor (PV, 8%, 4 periods)
annual withdrawal = $60,000 / 3.5771 = $16,773.36
Answer:
Explanation:
Answer:
Total
Units Produced
42000
15000
Hours per unit
1
3
Total Hours
42000
45000
87000
So total hours required = 87000 hours
Now we will find overhead rate per hour
Total Overhead= $846.000
Overhead Rate per Hour
=$ 846000/87000
= $9.72 per Hrs.
overhead rate per hour =$ 9.72 per hour
_______________________________________
Car
Wheel
Total Hrs.
42000
45000
Hourly Rate
$9.72
$9.72
Allocated Overhead
$408414.00
$437586
_________________________________________________
Activity
No. of
Activity
Overhead Cost
Cost Per Activity
Setting up machines
1000
$215,000
$215.00
Assembling
87000
$347,000
$3.99
Inspection
1200
$284,000
$236.67
Activity
Car=A
Truck =B
Rate=C
Total $ Car=A*C
Total $ Truck=B*C
Setting up machines
200
800
$215.00
$43,000.00
$172,000.00
Assembling
42000
45000
$3.99
$167,517.24
$179,482.76
Inspection
100
1100
$236.67
$23,666.67
$260,333.33
$234,183.91
$611,816.09
Answer: A. Products were overcosted during the year.
Explanation:
At the budgeted figures of $25,000 fixed overhead costs and the 2,000 units of production, the predetermined fixed overhead rate is:
= 25,000 / 2,000
= $12.50 per unit
However, the company then produces 2,200 units at the same cost of $25,000 making the actual predetermined fixed overhead rate:
= 25,000 / 2,200
= $11.36 per unit
<em>The actual rate is less than the predetermined rate which means that the products had originally be overcosted by being apportioned higher expenses. </em>
Yes I agree. Its just wrong and right. You're definitely passing business.
