Answer:
$369,879
Explanation:
The computation of the total overhead to be applied is shown below:
<u> Product X7</u>
<u>Activity Cost Estimated Expected Activity Expected Overhead </u>
<u>Pool Overhead Total Rate Activity applied </u>
<u> Cost Activity </u>
Labor
-related $152,100 7,800 $19.50 4800 $93,600
Production
orders $63,035 700 $90.05 300 $27,015
Order size $505,452 7300 $69.24 3600 $249,264
Total $720,587 $369,879
Answer:
12.42%
Explanation:
Stock Weights(A) Return (B) Product (A*B)
A 32% 11.50% 3.68%
B 43% 15.20% 6.54%
C 25% 8.80% 2.20%
Portfolio Return 12.42%
So, the expected return on the portfolio is 12.42%.
Answer:
c. $400K
Explanation:
Given that
Offered price for sale = $350K
Asked price = $450K
Worth of the yacht determined by the purchaser = $375K
The Purchase value of yacht = $400K
By considering the historical cost principle, the yacht should be recorded at the purchase price or acquired price or original price i.e $400K in the purchase records so that the reliability of the books could be maintained
If Ida, jerzy, and kit are the directors of liberty convenience stores, inc. liberty has nine officers and forty-six shareholders, payment of dividend is ordered by the firm’s board of directors.
Given that liberty has nine officers and forty six shareholders.
We are required to give the order of payment of dividend.
Dividend means a reward, cash or otherwise, that a company gives to its shareholders.Dividend of a company is decided by its board of directors and it requires the shareholders' approval.
Because dividend are distributed first paid to the shareholders ,the order will be board of directors and then some other officers.
Hence if Ida, jerzy, and kit are the directors of liberty convenience stores, inc. liberty has nine officers and forty-six shareholders,the payment of dividend is ordered by the firm’s board of directors.
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