Answer:
The standard hours allowed for May production would be 2,250 hours
Explanation:
In order to calculate the standard hours allowed for May production we would have to calculate the following formula:
Standard Hours allowed = actual Units / Budgeted units * Budgeted Labour Hours
actual Units=900
Budgeted units=1,000
Budgeted Labour Hours=2,5000 hours
Therefore, Standard Hours allowed =900/1,000 * 2,500 = 2,250 Hours
Standard Hours allowed = 2,250 Hours
The standard hours allowed for May production would be 2,250 hours
A bike, because then all the money he has saved for a car can go into a super raw bike that he can trick out and it will last longer as well as save him money.
Answer:
required return on the company's stock = 11%
Value of each share =$88.51
Explanation:
The constant growth model states that . If ke is made subject of formular, .
This implies that ke= dividend yield plus growth rate = 6%+5%=11%. Therefore the required return on the company's stock = 11%
Values of each share = .
where
and P3=
Value of each share = = 88.51
Answer:
D. Asset S has $103,333 more in depreciation per year.
Explanation:
For computing the greater annual straight minus line depreciation first we have to determine the each assets depreciation expense which is shown below:
For Asset L
= (Original cost + installation cost - salvage value) ÷ (useful life)
= ($4,000,000 million + $750,000 - $0) ÷ (15 years)
= $316,666.67
For Asset S
= (Original cost + installation cost - salvage value) ÷ (useful life)
= ($2,000,000 million + $500,000 - $400,000) ÷ (5 years)
= $420,000
As we can see that the Asset S has high annual straight-line depreciation
And, the amount exceed is $103,333.33
Answer:
C
Explanation:
In a job order cost system, costs are assigned to each job or batch.
A job may be for a specific order or inventory.
Product cost are traced to individual inventory items and manufactured to order. Cost records must be maintained for each distinct product job.
A key feature to identify it is that each job or batch has its own distinguishing characteristics.
The objective of the system is to compute the cost per job.
Measures costs for each job completed, not for set time periods.
Typically used by companies that make unique or special order products, such as customized publications, built in cabinets, or made to order draperies.