Answer:
Applied overhead = $424,320
Explanation:
Overheads are applied using the predetermined overhead absorption rate (POAR).
T<em>he applied overhead = POAR × standard machine hours allowed for actual actual output.</em>
POAR = Budgeted overheads/Budgeted machine hours
OAR= $ 495,040 /59,500
=$8.32
Overhead applied = 8.32 × 30,000× 1,70= 424,320
Applied overhead = $424,320
Answer:
Since the market value equals face value,coupon rate =yield is 75/1000=7.5%
That is 7.5% is before tax cost of floating the bonds
At tax rate of 30%,after tax cost of floating bond =7.5%*(1-30%)=5.25%
However,with a flotation cost of 2%,the before tax cost of flotation is calculated using below formula found in the explanation section.
((75+(1000-980)/25)/(980+1000)*2)=7.66%
Since tax rate remains 30%,the after tax cost of floating the bond with floating cost of 2% is: 7.66%*(1-30%)=5.36%
Explanation:
(Interest payment+((Par value-Net Proceds Value)/number of yr)/(Net Proceds+Par value)/2
The fair credit billing acts purpose is to protect consumers from unfair billing practices and to provide a mechanism for addressing billing errors in "open end" credit accounts.
The truth lending act designed to promote the informed use of consumer credit.
Closed end Credit is a type of credit that should be repaid in full amount by the end of the term, by a certain date and time.
The credit card act is an act to make sure fair practices and transparent practices are used for a open end credit consumers.
Hope this helps.
:p
Answer:
Variable cost per unit = $1.5 per unit
Fixed cost = $14,558
Explanation:
Variable cost per unit
= cost at high activity - cost at low activity/High activity -low activity
=$(74,798- $41,663) / (40,160 -18,070) units
= $1.5 per unit
Fixed cost
Total fixed cost = cost at high activity - ( vc per unit × high activity)
= 74,798 - (1.5 × 40,160)
= $14,558
Variable cost per unit = $1.5 per unit
Fixed cost = $14,558