Answer:
1. Calculation of the Cost of the Tramel Job
Particulars Amount
Direct material cost $2,300
Direct labor cost $500
Overhead applied <u>$650 (</u>500*130)
Total cost of job <u>$3,450</u>
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2. Particulars Debit Credit
Overhead Cost $1,300
To materials $800
To Labour $500
3. The Cost of the Tramel Job will not be affected
Answer:
6.30 percent
Explanation:
Base on the scenario been described in the question. For we to calculate the current yield of one of the bond, we have to use the following procedure
Current yield = ( 0.065×$1,000)/(1.0316 × $ 1,000)
Current yield = 65 / 1,031.6
Current yield = 0.063008918185343× 100%
Current yield = 6.30percent approximately.
Answer: b. lowers; raises; lowers
Explanation:
Lowers; Raises; Lowers
contractionary monetary policy refers to the central bank reducing or decreasing the supply of money in the economy. A decrease in the supply of money <u>lowers</u> real Gross domestic product because Nominal Gross domestic product decreases, unemployment will <u>raise</u> and Prices will <u>fall</u> because the economy remains with less capital.
The minimum annual dividend the holders of this stock can collectively expect to receive is $60,750.
<h3>Minimum annual dividend</h3>
Using this formula
Minimum annual dividend=Number of shares×par value preferred stock×Dividend rate
Let plug in the formula
Minimum annual dividend=15,000 shares × $45/share par value × 9%
Minimum annual dividend=$60,750
Therefore the minimum annual dividend the holders of this stock can collectively expect to receive is $60,750.
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