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alexandr402 [8]
3 years ago
15

Aaron, Inc. estimates direct labor costs and manufacturing overhead costs for the coming year to be $760,000 and $520,000, respe

ctively. Aaron allocates overhead costs based on machine hours. The estimated total labor hours and machine hours for the coming year are 16,000 hours and 8000 hours, respectively. What is the predetermined overhead allocation rate
Business
1 answer:
Gnoma [55]3 years ago
8 0

Answer:

the Predetermined overhead rate is $95 per machine hour

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate is

= (Estimated manufacturing overhead cost ÷ Estimated machine hours)

= ($760,000 ÷ 8000)

= $95 per machine hour

Hence, the Predetermined overhead rate is $95 per machine hour

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The Whistling Straits Corporation needs to raise $64 million to finance its expansion into new markets. The company will sell ne
Nataliya [291]

Answer:

<u>Hence $21,700,000 shares are to be sold to raise the needed funds.</u>

Explanation:

Per-share offer price of company = $60, which includes company's underwriter spread of 5%

So, actual realization to company on $60 per share = (1 - 0.95) * 60

Actual realization to company on $60 per share = $ 3

To raise $64 million company also needs to cover administrative expenses of $1.2 million

So,

Total number of shares sold(in million) = (64 + 1.2)/3

Total number of shares sold = 21,700,000 shares

8 0
4 years ago
Here is an example of a positioning statement for Volvo:
lbvjy [14]

Answer:

The correct answer is letter "D": Other family automobiles.

Explanation:

In Marketing, a positioning statement is the segment a company uses to express how their product fits consumer needs. It can also represent the competitive advantage of the product letting know consumers why they ought to choose the company's product instead of competitors.

The frame of the positioning statement is the context of reference the segment is based on. Thus, in the example:

<em>"For upscale American families, Volvo is the family automobile that offers maximum safety"; </em>

under the context of the <em>family automobiles</em>, Volvo is trying to promote its vehicles as the safest.

7 0
4 years ago
Latvia and Estonia are two countries. Assume that currently there is no trade between them. Each country has 100 units of labor.
anzhelika [568]

Answer:

Assume that currently there is no trade between them. Each country has 100 units of labor. Latvia produces fish, at a cost of 1 unit of labor per fish, and grain.

Explanation:

7 0
3 years ago
Lego is considering an investment in Disney corporation. The risk free rate is 5% and the Beta for Disney is 1.2. Lego requires
disa [49]

Answer:

17%

Explanation:

This can be calculated using the Capital Asset Pricing Model which is given as under:

Required Return = Rf + Beta factor * (Market Risk Premium)

By putting the values, we have:

Required Return = 5% + 1.2 * 10% = 17%

Disney need to earn 17% return on investment to trigger a Lego investment.

5 0
3 years ago
Read 2 more answers
Price discrimination Question 29 options:
REY [17]

Answer:

The answer is A) is a type of nonuniform pricing.

Explanation:

Price discrimination is the pricing methodology where supplier will put different price toward different customers/ groups of customer based on the supplier's understanding of that customers/ groups of customer on how much they want to spend on supplier's products.

The strategy because different group of customer will have different demand, price sensitivity and different use thus valuation to a product ( thus C as not correct).

D is not correct because Law is less likely to intervene civil transactions.

B is not correct because producers does not have to make any tradeoff in price setting under this strategy; insteade, they set price based on their understanding of customers.

7 0
3 years ago
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