Answer:
Allocated MOH= $432,000
Explanation:
Giving the following information:
Predetermined overhead rate of $8.00 per machine-hour
Actual machine-hours worked= 54,000 hours
<u>To calculate the allocated overhead, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 8*54,000
Allocated MOH= $432,000
Answer:
The current share price is $82.85
Explanation:
D1 = (2.85*1.25)
= 3.56
D2 = (3.56*1.25)
= 4.45
D3 = (4.45*1.25)
= 5.566
Value after year 3 = (D3*Growth rate)/(Required rate - Growth rate)
= (5.566*1.045)/(0.105 - 0.045)
= $96.95
current price = Future dividend and value*Present value of discounting factor
= 3.56/1.105 + 4.45/1.105^2 +5.566/1.105^3 + $96.95/1.105^3
= $82.85
Therefore, The current share price is $82.85
Answer: $4,508
Explanation:
Companies usually give discounts with credit terms to encourage Receivables to pay faster.
In this scenario, credit terms of 2/10, n/30 were offered which means that if Carla Vista Company pays within 10 days they get a discount of 2% but if they don't they should pay the full amount in 30 days.
They paid within the discount period meaning that they qualify for the discount of 2% but they however returned goods worth $1800.
So calculating for that would be,
= (6,400 - 1800) (1 - 0.02)
= $4,508
The amount of the check is $4,508
Answer:
$67,150
Explanation:
The computation of cost of goods manufactured for this period is shown below:-
Cost of goods sold = Beginning finished goods + Cost of goods manufactured - Ending finished goods
$71,400 = $84,000 + Cost of goods manufactured - $79,750
$71,400 = $4,250 + Cost of goods manufactured
Cost of goods manufactured = $71,400 - $4,250
= $67,150
Therefore for computing the cost of goods manufactured we simply applied the above formula.
