About 40 jewls of power in the other direction
Answer:
The journal entry to record the flow of costs into Department 1 during the period for applied overhead is
Work In progress Account $150,000 (debit)
Manufacturing Overhead Account $150,000 (credit)
Explanation:
Applied overheads are determined by multiplying the Actual Activity (example hours) and Budgeted Overhead Rate. In Our question this figure is given as $150,000.
When Applying the Overhead to a product:
De-recognise the amount applied by reducing the Overhead account balances and Recognise the costs in the Work In Process Account by increasing it with amount applied.
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Answer:
Cost Variance (CV) for the project is negative $77.5
Explanation:
The total amount budget for all 3 activities = Activity A worth $200 + Activity B worth $75 + Activity C worth $200 = $475
The total value completed = activities cost x % complete = $200*100% + $75*90% + $200*75% = $417.5
The actual cost till now = $200 + $120 + $175 = $495
The cost variance = The total value completed - The actual cost till now = $417.5 - $495 = ($77.5)
After the dividend, the firm's:
a. book value per share will be $6.31.
b. price-earnings ratio will be 13.88.
c. shareholder value per share will be $18.60.
d. stock price will be $19.00.
e. earnings per share will be $.94.
The answer is : b
We calculate the ex-dividend price of a share on the day dividend is paid as follows:
Ex-dividend Price = Share price before dividend - dividend paid per share
Ex-dividend price = $18.6 ($19 - $0.40)
We can use this ex-dividend price to calculate the company's P/E ratio after dividend.
P/E = $18.6/$1.34 = 13.88059