Personal human capital is defined as the <em>present value </em>of all <em>future </em>wages. So, you can increase your personal human capital by increasing your future earning potential. There are many ways to do this including investing in your education, working on your social and professional networking skills, and getting on the job training.
The accrual basis of accounting states that “expenses are matched with related revenues and are reported when the expense is incurred, not when cash changes hand”. Therefore, adjusting entries are required because of the matching principle in accounting.
Answer:
Total cost per unit is $77
Explanation:
Fixed manufacturing overhead per unit = Total fixed manufacturing overhead ÷ Number of units
= $478,800 ÷ 34,200 = $14 per unit
Fixed selling and administrative expenses per unit = Total Fixed selling and administrative expenses ÷ Number of units
= $171,000 ÷ 34,200 = $5 per unit.
Total cost per unit = Direct material + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead + Variable selling expenses + Fixed selling expenses
Total cost per unit = $15 + $5 + $11 + $14 + $5 + $5 = $55 per unit.
Markup = 40% of total cost = $55 × 40% = $22
Therefore, total selling price per unit = Cost per unit + Markup
= $55 + $22 = $77 per unit.
Answer:
39.59%
Explanation:
The weight that i should use for preferred stock in the computation of the OMG' WACC shall be determined using the following mentioned formula:
Weight of preferred stock=market value of preferred stock/Total market value of common stock+preferred stock+bonds
Market value of preferred stock=5,000,000*18=$90,000,000
Total market value of common stock+preferred stock+bonds=7,000,000*19+$90,000,000+4,000*108%*1,000
Total market value of common stock+preferred stock+bonds=$227,320,000
Weight of preferred stock=$90,000,000/$227,320,000=39.59%