Answer:
1. Predetermined Overhead Rate = Manufacturing overhead costs / Machine Hours
Predetermined Overhead Rate = $216,000/2,700 hours
Predetermined Overhead Rate = $80 per machine hour
2. Allocated overheads =Predetermined Overhead Rate * Machine hours used by Job 551
Allocated overheads = $80 * 90 machine hour
Allocated overheads = $7,200
3. Date Description Debit Credit
15/01 Work In Progress Inventory $7,200
Manufacturing overhead $7,200
(To record allocation of overheads towards Job 551)
Answer:
Raise taxes
Explanation:
This will help reduce the amount of money in circulation because during recession money loses its value due to large amount of money in circulation
Answer:
B. market share
Explanation:
Market share is the percentage of consumers that a company has captured from its specific, desired market within an industry.
After the dividend, the firm's:
a. book value per share will be $6.31.
b. price-earnings ratio will be 13.88.
c. shareholder value per share will be $18.60.
d. stock price will be $19.00.
e. earnings per share will be $.94.
The answer is : b
We calculate the ex-dividend price of a share on the day dividend is paid as follows:
Ex-dividend Price = Share price before dividend - dividend paid per share
Ex-dividend price = $18.6 ($19 - $0.40)
We can use this ex-dividend price to calculate the company's P/E ratio after dividend.
P/E = $18.6/$1.34 = 13.88059
Question attached
Answer:
1. $3586
2. More than the amount of inflation
Explanation:
Consumer price index 1989 = 114
Price 1989 = $1817
Price for 2009=Consumer price index for 2009 / Consumer price jndex 1989 = Price 2009 / Price 1989
= 225 / 114 = Price 2009 / $1817
= Price for 2009 = $3586
cost of tuition increased in 2009 by = $3307 that is 6893 - 3586 more than amount of inflation