Answer:
The actual labor rate per hour is $12
Explanation:
First and foremost, we need to understand that a direct labor spending variance of $990(unfavorable) means that the firm spent an additional $990 compared to what was expected.
Also, the spending variance is computed as the actual labor rate minus the standard labor rate multiplied by the actual labor hours worked
spending variance=(actual labor rate-standard labor rate)*actual labor hours
spending variance=$990
actual labor rate=unknown=(assume it is X)
standard labor rate=$11
actual labor hours worked=990
$990=(X-$11)*990
$990/990=X-$11
$1=X-$11
X=$1+$11
X=actual labor rate=$12
Well they can lose the dog or the dog can attack someone else your would to not panic and control the dog and yourself
Walmart visa gift cards are the gift cards that are used to make payments just like the credit or the debit cards used. The benefit with this is that you get a gift with every purchase you make, making it attractive for the buyer.
<u>Explanation:</u>
Walmart visa gift cards are the cards that are used to make payment just like the debit or the credit card. The amount gets deducted directly from the account with every purchase the consumer makes. But the benefit of this is that you get an assured gift with every purchase you make. So this attracts the customers.
Walmart Visa gift cards are acceptable at the places where visa gift cards are acceptable throughout the United States of America and the district of Columbia. These gift cards are not acceptable internationally. These can only be used in the country to make purchases and not in other countries of the world.
Answer:
$62,750
Explanation:
The computation of budgeted net income is shown below:-
Budgeted income = (Contribution Margin × Units produced and sold ÷ Units) - Manufacturing costs - Selling and administrative costs
= ($118,800 × 25,000 ÷ 27,000) - $29,700 - $17,550
= $110,000 - $29,700 - $17,550
= $62,750
Therefore for computing the Budgeted income we simply applied the above formula.
Explanation:
Let the dividend paid in Year n be Dn
Given, D3 = $1.10
D4 = $1.10
D5 = $1.10
Growth in dividend from Year 6 = g = 3.2%
D6 = D5(1+g) = 1.10(1+0.032) = $1.135
Required Return = r = 13.1%
According to Gordon's Growth model,
P5 = D6/(r - g) = 1.135/(0.131 - 0.032) = $11.464
Present Value of the stock = P0 = D3/(1+r)3 + D4/(1+r)4 + D5/(1+r)5 + P5/(1+r)5
= 1.10/(1+0.131)3 + 1.10/(1+0.131)4 + 1.10/(1+0.131)5 + 11.464/(1+0.131)5
= <u>$8.22</u>
