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4 years ago

The following data are given for Harry Company:

Business

1 answer:

katrin [286]4 years ago

4 0

Answer:

$7,732 unfavorable

Explanation:

The computation of the direct labor rate variance is shown below:

Direct labor rate variance = Actual time taken × (Standard rate - actual rate)

= 5,021 labor hours × ($14.71 - $81,591 ÷ 5,021 labor hours)

= 5,021 labor hours × ($14.71 - $16.25)

= $7,732 unfavorable

Since the actual rate is more than the standard rate so it would be lead to unfavorable variance

This is the answer but the same is not provided in the given options

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Tru-Shine is a cleaning company in the United States that offers various cleaning products and services. After gaining popularit

Alborosie

Answer:

Franchising

Explanation:

Franchising can be understood as a business model where a brand gives up the rights to use its name and operational model to the franchisee who pays royalties on the use of the brand.

This is an insertion strategy in the market that can have many added advantages, since the franchise is generally already a recognized brand with a consistent and standardized business model that helps in the operationalization of business and in attracting customers. The franchise usually offers the franchisee the training and equipment necessary for the business to be well positioned in the market, as in the case of the example, the company Tru-Shine provides training, equipment and supplies necessary for local companies to sell their products and services under the same trade name.

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3 years ago

Shamrock, Inc. has 13000 shares of 5%, $100 par value, non-cumulative preferred stock and 52000 shares of $1 par value common st

ANTONII [103]

Answer:

the amount of dividends received by the common stockholders in 2017 is $91,000

Explanation:

Holders of Common Stock receive their dividends after Holders of preferred stock have received their share.This is because the Holders of preferred stock have first preference over Holders of Common Stock

Note : The Preference Shares are non-cumulative. Meaning that any dividends arrears will not be accumulated in other years.

<u>Calculation of Dividends attributable to common stockholders</u>

Dividend Declared and Paid - 2017 $156000

<em>Less</em> Preference Dividend(13000×100×5%) ($65,000)

Dividends attributable to common stockholders $91,000

8 0

4 years ago

Read 2 more answers

Outstanding stock of the Ayayai Corporation included 40000 shares of $5 par common stock and 13000 shares of 5%, $10 par non-cum

elena-14-01-66 [18.8K]

Answer:

$6,500

Explanation:

outstanding common stock 40,000

outstanding preferred stock 13,000 stocks of 5%, $10

preferred stock dividends per year = 13,000 x 5% x $10 = $6,500

The company only paid $4,000 in dividends during 2019, but since the preferred stocks are non-cumulative, the remaining $2,500 will not be paid in 2020.

dividends paid during 2020 = $6,500

If the preferred stocks were cumulative, then the company would have paid $6,500 + $2,500 = $9,000 in 2020

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4 years ago

Read 2 more answers

You are creating a portfolio of two stocks. The first one has a standard deviation of 20% and the second one has a standard devi

Drupady [299]

Answer:

23.56

Explanation:

Standard deviation of the first stock (σ1) = 20%

Standard deviation of the second stock (σ2) = 37%

The correlation coefficient between the returns (ρ) = 0.1.

Proportion invested in the first stock (W1) = 43%

Proportion invested in the second stock (W2) = 57%

The standard deviation of a two-stock portfolio's returns is given by

$\sigma_{portfolio} = \sqrt{w_1^2\sigma_1^2+w_2^2\sigma_2^2+2w_1w_2\rho\sigma_1\sigma_2} \\\sigma_{portfolio} = \sqrt{0.43^2*0.2^2+0.57^2*0.37^2+2*0.43*0.57*0.1*0.2*0.37}\\\sigma_{portfolio} =0.2356=23.56\%$

The standard deviation of this portfolio's returns IS 23.56%

8 0

4 years ago

Harrison is a manager at the local post office. He wants to find ways to improve worker motivation, and has read about the Hawth

riadik2000 [5.3K]

Answer:

TRUE

Explanation:

6 0

3 years ago