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4 years ago

Use the following information to answer questions 1-3.

Business

1 answer:

Tom [10]4 years ago

5 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Christine Corporation manufactures baseball uniforms and uses budgeted machine-hours to allocate variable manufacturing overhead.

Budgeted Machine-Hours= 15,000 hours

Overhead Costs for 15,000 hours= 180,000

1) To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 180,000/15,000=$12 per machine hour

2) Manufacturing overhead spending variance= (standard rate - actual rate)* actual quantity

Manufacturing overhead spending variance= (12 - 180,000/14,000)*14,000

Manufacturing overhead spending variance= $12,000 unfavorable

3) Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 12*14,000= $168,000

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The following is a condensed version of the comparative balance sheets for Riverbed Corporation for the last two years at Decemb

muminat

Answer:

The preparation of the cash flow statement is presented below:

Explanation:

Riverbed Corporation

Statement of Cash Flows

For the year ended December 31,2020

Cash flows from Operating Activities

Net Income: $328,000

Adjustment to net income is:

Add: Depreciation Expense $34,850 ($217,300 - $182,450)

Add: Loss on sale of Investments $20,500

Add: Decrease in Accounts receivable $10,250 ($369,000 - $379,250)

Less: Decrease in Current Liabilities ($34,850) ($274,700 - $309,550)

Net cash flow from operating activities $358,750 A

Cash flows from Investing activities

Purchase of equipment ($118,900) ($610,900 - $492,000)

Add Sale of Investment $24,600 ($151,700 - $106,600 - $20,500)

Net cash used by investment activities ($94,300) B

Cash flows from Financing activities

payment of dividends ($61,500)

Net cash used by financing activities ($61,500) C

Net Increase in cash $202,950 (A + B + C)

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3 years ago

What conditions differentiates a market of pure competition from one of monopolistic competition?

Inessa05 [86]

I could be either the price or the products

4 0

3 years ago

Piedmont Hotels is an all-equity company. Its stock has a beta of .94. The market risk premium is 7.5 percent and the risk-free

Liula [17]

Answer:

Required rate of return for the project = 9.7%

Explanation:

The risk-adjusted discount factor = cost of equity + the adjustment

Cost of equity can be calculated using the capital asset pricing model CAPM

Using the CAPM , the rate of return on equity can be determined as follows:

E(r)= Rf +β(Rm-Rf)

E(r) =? , Rf- 3.3%, Rm- 7.5%, β- 0.94

Cost of equity = Rf + β (Rm -Rf)

Cost of equity = 3.3% + 0.94×(7.5-3.3)= 7.248

The risk-adjusted discount factor= 7.248 + 2.5= 9.748

Required rate of return for the project = 9.7%

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4 years ago

A researcher sends a link to an internet based survey to every student at their university and encourages each to send the link

Anna007 [38]

Answer:

The answer is: snowball sampling technique

Explanation:

Snowball sampling is used when researchers (or research participants) recruit other participants for a study. Usually it is used when participants are hard to find. The term snowball refers to the idea that once the snowball starts rolling, it will begin to pick up more snow on the way down, increasing in size.

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4 years ago

Which shock can the fed deal with most effectively?

Sedaia [141]

A major oil shock can the fed deal with most effectively.

It is accompanied by an oil crisis, a sudden rise in oil prices, and often a decline in supply. Since oil is a major source of energy for industrialized countries, the oil crisis can threaten the economic and political stability of the global economy as a whole.

In the aftermath of World War II, there were two major oil crises. Oil exports to the United States, Japan, and Western Europe, which consume more than half of the world's energy, are also banned.

The OPEC decision was in retaliation for Western support for Israel against Egypt and Syria during the Yom Kippur War (1973), and the US dollar (the currency used to sell oil) that caused the dollar to undermine OPEC's export revenues. It was done in response to the sustained decline in the.

Learn more about Shock here: brainly.com/question/23113698

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2 years ago