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valkas [14]
3 years ago
12

Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats.

Business
1 answer:
Airida [17]3 years ago
6 0

Answer:

Results are below.

Explanation:

<u>To calculate the activities rate, we need to use the following formula:</u>

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

Designing= 444,000/13,000= $34.15 per designer hour

Sizing and cutting= 4,210,000 / 169,000= $24.91 per machine hour

Stitching and trimming= 1,490,000 / 75,500= $19.73 per labor hour

Wrapping and packing= 332,000 / 32,000= $10.38 per finished unit

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A company recently issued 9% preferred stock. The preferred stock sold for $40 a share with a par of $20. The cost of issuing th
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Answer:

The company's cost of preferred stock is 5.1%

Explanation:

In order to find the cost  of the preferred stock we will need to divide the dividend the company pays on it by the net amount that the company is receiving for selling it.

In order to find the dividend we will multiply 9% by the par value of 20

Dividend = 0.09*20=1.8

Now we need to find the net amount the company receives for selling the preferred stock.

The company sells the stock for $40 but also has a issuing cost of $5, so in order to find the net amount we will subtract the cost from the price.

40-5= 35

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Now we will divide the the dividend 1.8 by the net amount 35

1.8/35=0.051

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The company's cost of preferred stock is 5.1%

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3 years ago
The manager of the Boston Red Sox notices that his outfield star, Fenway Fred, has gone hitless in his last ten at bats. Which m
Zepler [3.9K]

Answer:

controlling

Explanation:

Based on the information provided within the question it can be said that the manager is performing the management function known as controlling. This function focuses on analyzing a situation and checking for errors in order to be able to take corrective actions. Which in this scenario, by seeing that the outfield star is having a problem getting hits, the manager can now take appropriate measures to try and solve this problem.

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10

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Alfred is saving up money for a down payment on a townhouse. He currently has $5016$ 5016, but knows he can get a loan at a lowe
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Answer:

It will take Alfred to accumulate the $5994 annually 4.1367 and monthly 4.0557

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In order to calculate how long will it take Alfred to accumulate the $5994 we would have to use the following formula:

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5,994=$5,016(1+(4.4%/100)/1)∧1*t

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Therefore, t monthly would be as follows:

5,994=$5,016(1+(4.4%/100)/12)∧12*t

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It will take Alfred to accumulate the $5994 annually 4.1367 and monthly 4.0557

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