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Anit [1.1K]
3 years ago
12

Total expected units produced 6,000 3,000 Total expected material moves 500 100 Expected direct labor-hours per unit 6 9 The tot

al materials handling cost for the year is expected to be $6,123.60. If the materials handling cost is allocated on the basis of direct labor-hours, the total materials handling cost allocated to the wall mirrors is closest to: (Do not round your intermediate calculations.)
Business
1 answer:
andrezito [222]3 years ago
4 0

The total materials handling cost allocated to the wall mirrors is closest to: $5,103.

<h3>Total materials handling cost: </h3>

First step is to calculate the total expected material moves:

Total expected material moves= 500+100

Total expected material moves= 600

Second step is to calculate  the total material handling cost allocated to  wall mirrors:

Total material handling cost allocated to  wall mirrors=$6,123.60× (500 /600)

Total material handling cost allocated to  wall mirrors=$5,103

Inconclusion the total materials handling cost allocated to the wall mirrors is closest to: $5,103.

Learn more about total materials handling cost here:brainly.com/question/25790358

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3 years ago
Dietterich Electronics wants its shareholders to earn a return of 15​% on their investment in the company. At what price would t
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Answer:

(a) price stock need =  $1.667

(b) price stock need =  $6.667

(c) price stock need =  $11.667

(d) price stock need =  $16.667

Explanation:

given data

return =  15​% = 0.15

to find out

what price would the stock need to be priced today

a. ​$0.25 constant annual dividend​ forever?

b. ​$1.00 constant annual dividend​ forever?

c. ​$1.75 constant annual dividend​ forever?

d. ​$2.50 constant annual dividend​ forever ?

solution

(a) price stock need = \frac{0.25}{0.15}

(a) price stock need =  $1.667

(b) price stock need = \frac{1.00}{0.15}

(b) price stock need =  $6.667

(c) price stock need = \frac{1.75}{0.15}

(c) price stock need =  $11.667

(d) price stock need = \frac{2.50}{0.15}

(d) price stock need =  $16.667

3 0
3 years ago
The 6-month futures price on a non-dividend-paying stock is $36.20. the risk-free rate is 2.75 percent and the market rate is 9.
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$15.82 (a.k.a answer B)
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3 years ago
If the company also has $1,000 of petty cash on hand (recorded in a separate account), what total amount should the company repo
vredina [299]

Answer:

Explanation: from the above question, the total of cash and cash equivalent to be recorded in the balance sheet includes all cash balances in the bank and cash balance in the petty cash account.

From the above question, the cash and cash equivalent balance as at April 30 is $1,000 plus all bank balances as at that date.

4 0
3 years ago
To help finance a new plant, Roxxon, Inc. just sold a noncallable 40 year bond. This $1,000 par bond sells for $1,155 and has a
murzikaleks [220]

Answer:

4.96%

Explanation:

In order to determine the component after-tax cost of debt first we need to  compute the before tax cost of debt by applying the RATE formula which is to be shown in the attachment below:

Given that,  

Present value = $1,155

Future value or Face value = $1,000  

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NPER = 40 years × 2 = 80 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after applying the above formula

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2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 7.08% × ( 1 - 0.30)

= 4.96%

8 0
3 years ago
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