All else equal, a firm would prefer to have a higher gross margin. a. True b. False

At the beginning of a year, a company predicts total direct materials costs of $1,010,000 and total overhead costs of $1,270,000

marin [14]

Answer:

1.267 = Overhead Rate

Explanation:

As general approach, the manufacturing rate, along with any rate is done by dividing the cost by a cost driver.

$\frac{Cost\:Of\: Manufacturing\: Overhead}{Cost\: Driver}= $Overhead \:Rate$

In this case teh cost is the manufacturing overhead and the cost driver the direct materials cost:

$\frac{1,270,000}{1,010,000}= $Overhead Rate$

Using Direct Materials cost, the rate would be:

$1.257425743= $Overhead Rate$

3 0

3 years ago

The most important lesson investors can learn from behavioral finance isA) to understand psychological factors influencing long-

zalisa [80]

Answer: Option A

Explanation: Behavioral finance refers to the impact of investors behavior and emotions on their decision making. It is based on the concept that investors are not rational decision makers and sometimes get biased as according to their preferences.

Thus, the investors can study this concept so they can fully understand how the psychological factors influence their decision making. This can help the investors in rational decision making for the future.

Hence from the above we can conclude that the correct option is A.

5 0

3 years ago

Scarlett is graduating from culinary school soon and she often imagines opening her own comfort food restaurant. Her other passi

Inessa [10]

Answer:

d. Franchised operations will take less time on the part of the owner than a regular independently owned operation. If she opens a franchise, she will have more time for creativity in the business, and more time for skiing too.

Explanation:

6 0

3 years ago

Which statement best describes a characteristic of a relational database?

erastovalidia [21]

Answer:

B. It contains tables with fields that are associated with one another.

Why the other choices are wrong

C and D are wrong because a relational database is a database that contains tables with fields that are associated with one another. D is wrong because it is a feature that is used to add queries to tables.

Further explanation of concepts:

What is a relational database?

A relational database is a database that stores data in the form of tables. The tables are then linked together by relationships. This makes it easy to access data in the database and to create new relationships between data.

What are queries?

Queries are how you search for and manipulate data in a relational database. Queries can be used to find specific data, to update data, or to delete data.

8 0

1 year ago

Given the following information, which of the following firms has the lowest required rate of return? Group of answer choices

marta [7]

Answer:

Shuldig Co. has the lowest required rate of return

Explanation:

Shuldig Co.

$5.50 = $1.05 / (Re + 10%)

Re = 19% - 10% = 9%

Iccarus Inc.

$275.80 = $3.10 / (Re - 14%)

Re = 1.1% + 14% = 15.1%

Simpson LLC.

$94.30 = $3.00 / (Re - 10%)

Re = 3.2% + 10% = 13.2%

3 0

3 years ago