Answer:
The correct answer is C: $944
Explanation:
Giving the following information:
Single plantwide predetermined overhead rate based on machine-hours. Total fixed manufacturing overhead cost of $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours.
First, we need to determine the manufacturing overhead rate:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= (237000/30000)+3.9= $11.8 per machine hour.
Now, we can calculate the allocated overhead:
allocated overhead= Estimated manufacturing overhead rate* actual amount of allocation base= 11.8*80= $944
Answer:
A.
Explanation:
The issues management process is a systematic process companies use when responding to public issues that are of greatest importance to the business.
Answer and Explanation:
The short and long term significance of the mcnary-haugen bill and the boulder canyon project was that the plan was to relieve American agriculture by raising prices of all farm products. Although this was for the government to buy wheat but it would negatively affect farmers, so Coolidge went ahead to vetoed the bill.
The Boulder Canyon Project was to effectively construct a dam and provide hydroelectric power as well as to provide flood control which is why The dam which is also known as the Hoover dam, helps to provided lots of scientific information needed.
Answer:
Shi Import-Export’s WACC is 9.44%
Explanation:
WACC is the minimum return that a project MUST offer before it can be accepted. It shows the risk of the company
<em>Capital Source Weight Cost WACC</em>
Debt 30% 4.5% 1.35%
Preferred Stock 5% 5.8% 0.29%
Common Equity 65% 12%. 7.80%
Total 100% 9.44%
<em><u>Cost of Debt </u></em>
Cost of Debt = Interest × ( 1-tax rate)
= 6% × ( 1-0.25)
= 4.5%
<em><u>Cost of Preferred Stock</u></em>
Cost of Preferred Stock = 5.8%
<em><u>Cost of </u></em><u>Common Equity</u>
Cost of Common Equity = 12%.
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