Answer:
Allocated MOH= $7,000
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 217,000 / 31,000
Predetermined manufacturing overhead rate= $7 per machine hour
<u>Job 45:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 7*1,000
Allocated MOH= $7,000
Answer:
c. large
Explanation:
If Jill attends a leadership training session at her company’s corporate offices and there are six trainers and 48 participants at the seminar. This would be an example of a <u>large </u>group
By definition large groups are secondary groups of many persons and are impersonal. They are often task-focused and time-limited. They serve an instrumental function rather than an expressive one, implying that their role is more goal- or task-oriented than emotional. Examples include A classroom or office.
The answer to the question is shown below.
<h3>
What is the Interest rate?</h3>
- In finance and economics, interest is the payment of an amount above the repayment of the principal sum (that is, the amount borrowed) by a borrower or deposit-taking financial institution to a lender or depositor at a specific rate by borrower or deposit-taking financial institution.
- It differs from a fee that the borrower may pay to the lender or a third party.
- It is also distinct from a dividend, which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a fixed rate, but rather on a pro-rata basis as a share of the reward gained by risk-taking entrepreneurs when revenue exceeds total costs.
Calculation:
Given -
Annual Interest Rate:
So, Annual Interest Rate:
- 5.75% = 1000 × 5.75%= 57.50
- 6.40% = 1000 × 6.40%= 64.00
- 6.00% = 1000 × 6.00%= 60.00
- 7.55% = 1000 × 7.55%= 75.50
So, Semiannual Interest Amount:
- 5.75% = 1000 × 5.75%/2 = 28.75
- 6.40% = 1000 × 6.40%/2 = 32.00
- 6.00% = 1000 × 6.00%/2 = 30.00
- 7.55% = 1000 × 7.55%/2 = 37.75
Therefore, the answer to the question is shown below.
Know more about Interest rates here:
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The complete question is given below:
Calculate the annual interest and the semiannual interest payment for the following corporate bond issues with a face value of $1,000. (Round your answers to 2 decimal places.) Find: Annual Interest Amount, and Semiannual Interest Payment
Annual Interest Rate:
5.75%
6.40%
6.00%
7.55%
Answer:
10%
Explanation:
Since the bond is selling at a discount, it means that the coupon rate is blow the market rate, so the actual rate must be higher. Since there is only one option with an interest rate above 9%, we must check to see if it works.
10% yearly interest rate = 5% semiannual interest rate
we must determine the PV of the 20 coupons paid and the face value at maturity.
to calculate the PV of the 20 coupons ($45 each) we can use an excel spreadsheet and the NPV function with a 5% discount rate: PV of the coupons = $560.80
the PV of the face value in 10 years = $1,000 / 1.05²⁰ = $376.89
the present value of the coupons and the bond at maturity = $560.80 + $376.89 = $937.69. The PV using a 5% semiannual rate is very similar to $937.75, and since the question asked us to round up to the nearest whole percent, we can assume it is correct.
Answer:
New media marketing centers on promoting brands and selling products and services through established and emerging online channels, harnessing these elements of new media to engage potential and current customers.
Explanation:
