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leva [86]
3 years ago
13

Using the information below for Sundar Company; determine the total manufacturing costs added during the current year: Direct ma

terials used $20,300 Direct labor used 25,800 Factory overhead 48,600 Beginning work in process 12,000 Ending work in process 12,600 A) $94,700B) $46,100C) $94,100D) $45,500E) $73,800
Business
2 answers:
astraxan [27]3 years ago
8 0

Answer:The answer is C $94,100

Explanation:

To calculate the manufacturing cost

Direct Material + Direct Labour = Prime cost

20,300 + 25,800 = 46,100

The prime cost = $46,100

Then Add, Factory overhead and opening work in progress together and subtract it from closing work in progress

48,600 + 12,000 = 60,600

60,000 - 12,600 = 48,000

46,100 + 48,000 = 94,100

The total manufacturing cost =$94,100

Natalka [10]3 years ago
5 0

Answer:

The Answer is A

Explanation:

The Total Manufacturing cost is the sum of Direct Material used, Direct Material and Factory Overhead during the period.

Total Manufacturing Cost = $20,300 (Total Direct Materials used) + $25,800 (Direct Labour) + $48,600 (Factory Overheads)

Total Manufacturing Cost= $94,700  

 

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IceJOKER [234]

Answer:

current stock price = $28.90

so correct option is (a) $28.90

Explanation:

given data

dividend of D1 = $1.25

constant rate = 6.00%

beta = 1.15

market risk premium = 5.50%

risk-free rate = 4.00%

solution

first we get here Expected rate of return that is express as

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)   .................1

put here value and we get

Expected rate of return = 4% + 1.15 × 5.50%

Expected rate of return = 4% + 6.325%

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so now we get current stock price

current stock price = Next year dividend ÷ (Required rate of return - growth rate)   .................2

put here value and we get

current stock price = $1.25 ÷ (10.325% - 6%)

current stock price = $1.25 ÷ 4.325%

current stock price = $28.90

so correct option is (a) $28.90

3 0
3 years ago
1 What is "POSDCORB"
vfiekz [6]

Explanation:

POSDCORB is an acronym which means Planning, Organizing, Staffing, Directing, Coordinating, Reporting and Budgeting

4 0
3 years ago
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What should you plan for first when creating a budget
alexira [117]

Answer:

CALCULATE EXPENSES

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Remember that being thorough when you add up expenses is important in creating a realistic budget. A forgotten bill really throws a wrench into your savings plan. When calculating your expenses, also factor in unexpected bills, such as unplanned car repairs. A good rule of thumb is to add an extra 10 percent to 15 percent. So if you’ve determined that you spend $1,500 a month, add $150 to $225.

4 0
3 years ago
On November 30, 2013, Piani Incorporated purchased for cash of $25 per share all 400,000 shares of the outstanding common stock
Alenkinab [10]

Answer:

b. 800,000

Explanation:

Step 1; Calcualate Excess Valuation of Surge in Piani's Consolidated Balance Sheet

Surge's balance sheet as at November 30, 2013 showed a book value of $8,000,000

However, Piani Purchased 400,000 Shares of Surge's  Outstanding Common Stock at $25 each. The total Cost therefore to Piani is

$25× 400,000= $10,000,000

The difference between Surge's book value and Piani's valuation of Surge is

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Out of the $2,000,000; $1,200,000 represents the excess of the fair value of Surge's  Property, Plant and Equipment on November 30, 2013.

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7 0
3 years ago
Present value computation kerry bales won the state lottery and was given four choices for receiving her winnings. receive $400,
Mekhanik [1.2K]
Option 1: PV = $400,000
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