Requirement 3. How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or overal
located at the end of the year? By how much? (
1 answer:
Answer:
hello your question lacks the required data attached is the required data
answer : A) $513500,
B) manufacturing overhead is under allocated by $57500
Explanation:
A) How much Manufacturing overhead was incurred during the year
= depreciation on manufacturing plants and equipment + property taxes on plant + plant janitors wages
= $485000 + $19000 + $9500 = $513500
B) Is manufacturing overhead under allocated or over allocated
to check if it is over allocated or under allocated we use this formula
= actual overheads - allocated overhead
= $513500 - $456000 = $57500
therefore manufacturing overhead is under allocated by $57500
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Answer: The standard deviation of the stock is 3.23 percentage
Explanation:
First we shall calculate the epected weighted average return of the stock.
We shall multiply the probability of the scenario with its expected return and then take the sum of the expected returns of different scenarios,
E(x) = (0.2 x 14%) + (0.7 x 8%) + (0.1 x 2%)
E(x) = 8.6%
We shall use the follwing formula to calculate the Variance of the stock,
σ²(x) = ∑ P() × [
- E(r)]²
σ²(x) = (0.2) (0.14 - 0.086)² + (0.7) (0.08 - 0.086)² + (0.1) (0.02 - 0.086)²
σ²(x) = 0.001044
To find the standar deviation,
σ(x) =
σ(x) = 0.0323109
in percentage it would be 3.23%