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noname [10]
3 years ago
7

organizations use estimated overhead rates, instead of actual cost, to apply overhead cost to work in porcess because that metho

d is
Business
1 answer:
Evgen [1.6K]3 years ago
6 0

Answer: The management requires the overhead rates before the end of the year

Explanation:

The overhead rates are used because the management requires the overhead rates before the end of the year and the predetermined overhead rates are helpful in keeping records very well. The overhead rates are more accurate in results also.

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In a perfectly competitive market in the long run, after all adjustments have occurred, an increase in demand causes equilibrium
Gemiola [76]
Spike before falling to the equilibrium level
4 0
3 years ago
The following information pertains to the Frameworks Corporation for May. Calculate the cost of goods sold for the period:Beginn
ANTONII [103]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Beginning Finished Goods Inventory $19,500

Ending Finished Goods Inventory$18,000

Cost of Goods Manufactured $126,800

To calculate the cost of goods sold we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 19,500 + 126,800 - 18,000= $128,300

6 0
2 years ago
In the role of a cultural steward, an HR manager primarily:A. administers day-to-day work of managing people.B. facilitates an o
statuscvo [17]

Answer:

(B) facilitates an organization’s culture and helps to build and strengthen or change that culture.

Explanation:

HR manager here refers to human resources manager, someone whose duties tend to revolve in the management and development of a company’s employees. There are many roles that an HR manager can take, from administrative expert (as described by option A), business partner (as described  by option D & E), and of course, a cultural steward.  

3 0
3 years ago
Briefly describe the differences among international bond, bank and equity markets. Would you support an MNC that favors financi
Katen [24]

Answer:

Answer to this question is explained below in detail.

Explanation:

This question is not complete. This has two parts a) and b). Part a) is complete and b) is incomplete. I have written down the complete question and will try to answer completely.

a) Briefly describe the differences among international bond, bank and equity markets.

b) Would you support an MNC that favors financing through bonds issues or would you rather support one that favors financing through stock issues?

Solution:

a) We are asked to differentiate between international bond, bank and equity markets.

All three terms are related to raising funds, lending or borrowing to raise the capital for some government or for any company.

Let's start with International Bonds first.

International Bonds : In this globalized world, a company can raise its capital through getting debt in the form of international bonds from international institutions over the assets value of the company. For example: XYZ company has a asset value of 10 million dollars, so it can get international bonds accordingly.  

International Equity markets: Again due to interlinked world, companies and institutions all over the world can invest their funds in any company around the globe. And through equity markets companies can sell their shares to raise its capital depending upon the asset value of the company.

International Banks: International banks are international institutions which raise capital in particular country and have branches all over the world. It can lend funds to companies on particular interest rates. Furthermore, all those bonds are generated in these banks as well.

b) Supporting an MNC that favors financing through bonds issues or through equity markets or stock issues will depend on the debt/equity ratio of the company. If it is low, company should go for debt or bond issues. If it is high then it should opt for stock issues.

6 0
3 years ago
Lamey Co. has an unlevered cost of capital of 10.9 percent, a tax rate of 35 percent, and expected earnings before interest and
mart [117]

Answer:

cost of equity is 11.60 %

Explanation:

Given data

cost of capital = 10.9 percent

tax rate = 35 percent

earnings = $21,800

bonds outstanding = $25,000

rate = 6 %

to find out

cost of equity

solution

we will find first value of unlevered

value of  unlevered  = earning ( 1 - tax rate ) / cost of capital

value of  unlevered  = 21800 ( 1 - 0.35 ) / 0.109 = $130000

so

value of  unlevered will be for firm = 130000 × bond outstanding × tax rate

value of  unlevered will be for firm = 130000 × 25000 × 35%

value of  unlevered will be for firm = $138750

so value of firm will be = bond outstanding + equity

so equity will be = 138750 - 25000

equity = $113750

so now

cost of equity will be = cost of capital + ( cost of capital - rate) (bonds / equity ) ( 1 - tax rate )

cost of equity will be = 10.9%+ ( 10.9 % - 6%) (25000 / 113750 ) ( 1-0.35)

so cost of equity = 11.60 %

6 0
3 years ago
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