Answer:
$ 464,120
Explanation:
Calculation to determine what The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:
Estimated overhead Rate = ( Estimated Fixed Manufacturing Overhead) / (Estimated Machine Hours )
Estimated overhead Rate = $ 492,000 / 30,000 hours
Estimated overhead Rate = $ 16.4 / hr
Total amount of overhead =Overhead Rate × Actual total machine-hours
Total amount of overhead = $ 16.4 / hr × 28,300 hours
Total amount of overhead= $ 464,120
Therefore The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:$ 464,120
Answer: See explanation
Explanation:
The journal entry to correct the errors is given below:
a. Dr Cash $8400
Cr Account receivable $8400
b. Dr Supplies $2500
Cr Office equipment $2500
Dr Supplies $2500
Cr Account Payable $2500
Note that the first entry that's given in (b) above reverses the incorrect entry. On the other hand, the second entry simply records the correct entry.
D) They pay for specific social programs rather than general government activities.
The spread between the interest rates on bonds with default risk and default-free bonds is called the risk premium.
A default-free bond is a bond in which the bond issuer would not miss scheduled payments of either the coupon or principal. Bonds issued by the government are generally considered to be default-free. This is because the government can print money to make payments.
A bond with a default risk is a bond in which the bond issuer can miss scheduled payments of either the coupon or the principal. Bonds issued by private individuals are generally considered to be bonds with default risk.
Bondholders usually demand a compensation for holding bonds with a default risk. This compensation is known as risk premium.
Risk premium = return on bonds with default risk - return on default- free bond.
To learn more, please check: brainly.com/question/4304080?referrer=searchResults
Answer:
a)
$34.4
b)
$37.20
c) $59.57
Explanation:
Given:
Dividend paid = $2.15
Growth rate = 4% = 0.04
Required return = 10.5% = 0.105
Now,
a) Present value = 
for the current price n = 1
thus,
Current price = 
= 
= $34.4
b) Price in 3 years
i.e n = 3
=
= 
=
$37.20
c) Price in 15 years
i.e n = 15
=
= 
= $59.57
