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1 year ago

A normal cost system applies overhead to jobs ________.

1 answer:

7 0

By multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job. :) hope that helped

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If a stock is purchased for $100 per share and held one year, during which time a quarterly dividend of $1.5 is paid, each quart

xenn [34]

Answer:

Total yield or rate of return is 0.36 or 36%

Explanation:

To calculate rate of return which is also the total yield on the stock, we will use the following formula,

Total Yield = (D + C) / P0

Where,

D represents dividends paid by the stock during the year
C is the capital appreciation(pr depreciation) or rise(or fall) in the price of the stock as compared to the purchase price
P0 is the purchase price or price in Year 0

Total dividends for the year = 1.5 * 4 = $6

C = 130 - 100 = $30

Total Yield = (6 + 30) / 100

Total yield = 0.36 or 36%

7 0

2 years ago

An author just signed a lucrative contract with a publisher that offers to pay her the amount of $500 at the end of year 9 when

solong [7]

Answer:

Ans. The annuity that will be equivalent to the publisher´s advance would be $26.40 per year, for 9 years at 7% interest rate.

Explanation:

Hi, first, let´s bring that $500 to be paid in 9 years to present value, we need to use the following formula.

$PresentValue=\frac{FutureValue}{(1+r)^{n} }$

Where: r is our discount rate (7%) and n the periods from now when she will receive that $500 amount. This should look like this.

$PresentValue=\frac{500}{(1+0.07)^{9} } =271.97$

Ok, so the equivalent amount of money today of those $500 in nine years is $271.97, but the author wants $100 today so the remaining amount has to be used to find the equal annual payments to be made in order to be equivalent to re remaining balance ($171.97). We now need to use the following equation.

$Present Value=\frac{A((1+r)^{n}-1 )}{r(1+r)^{n} }$

And we solve for "A" like this

$171.97=\frac{A((1+0.07)^{9}-1 )}{0.07(1+0.07)^{9} }$

$171.97=\frac{A(0.838459212 )}{0.128692145}$

$171.97=A(6.515232249)$

$A=\frac{171.97}{6.515232249} = 26.40$

Therefore, the equivalent amount of money of $500 in 9 years is $100 today and $26.40 every year, at the end of the year, for nine years.

Best of luck.

4 0

2 years ago

Budgeted sales in Acer Corporation over the next four months are given below: Budgeted sales September October November December

AlekseyPX

Answer:

$161,400

Explanation:

Cash collection calculation

December cash sales ($160,000*30%) = $48,000

Credit sales

December: (160000*70%*50%) = $56,000

November: (180000*70%*30%) = $37,800

October: (140,000*70%*20%) = $19,600

Total cash collections $161,400

7 0

2 years ago

. What is a great system to manage money and prevent taking too much from one category? Please describe the

Allushta [10]

I'm pretty sure the answer would be a budget? A good budget is a way you can keep track of your money. Like what you are spending it on in different categories (like bills, entertainment, food, etc) and how much money is being spent in each.

4 0

2 years ago

Smidt Corporation has provided the following data for its two most recent years of operation: The unit product cost under absorp

alexira [117]

Answer:

The solution to this issue can be defined as follows:

Explanation:

Please find the complete question in the attachment file.

Direct Substances 9

Direct jobs 5

Overhead output variable 5

Overhead of fixed production $14 = \frac{140000}{10000}$