Answer:
b. direct materials purchases, direct labor cost, and factory overhead cost
Explanation:
The production budgets is the budget used for determining the number of units of a product to be manufactured. The production budget captures the estimates of the total production cost and includes elements such as direct materials purchases, direct labor cost, and factory overhead cost.
Operating expenses are expenses incurred during the ordinary course of business outside the manufacturing process.
Sales in unit and dollars are determined by the company's projection and ambition.
The sales estimates determined the production budget considering also the safety stock or closing inventory.
Hence, the right option is b. direct materials purchases, direct labor cost, and factory overhead cost.
Answer:
Real Angus Steakhouse should record the land at an amount of $84,300
Explanation:
All acquisition costs must be record for the land. with the exception of the property tax paid for the current year after the purchase date as it must be recorded as expenses.
$75,000 land
+
$4,500 commissions
+
$4,000 property taxes
+
$800 title Insurance
--------
$84,300
$1,000 of property taxes paid for the current year after the purchase date is an expense.
Networking is crucial the professional organization can help her in her search this person knows that person that knows that person looking for a job that she would qualify for.
Answer:
$28.90
Explanation:
For computing the current stock price, first we have to determine the required rate of return which is shown below:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 4% + 1.15 × 5.50%
= 4% + 6.325%
= 10.325%
The (Market rate of return - Risk-free rate of return) is also known as market risk premium
Now the current stock price would be
= Next year dividend ÷ (Required rate of return - growth rate)
= $1.25 ÷ (10.325% - 6%)
= $1.25 ÷ 4.325%
= $28.90
