Answer:
Overhead rate= 1.2
Explanation:
Giving the following information:
The Work in Process inventory account of a manufacturing firm shows a balance of $3,000 at the end of an accounting period.
Direct material= $500, & $300
Direct labor= $400 & $600
Manufacturing overhead =?
Work in process= direct material + direct labor + manufacturing overhead
3000= 800 + 1000 + MOH
3000-800-1000= MOH
1200= MOH
Overhead rate= moh/direct labor
Overhead rate= 1200/1000= 1.2
Your answer is 2730!!!!!!
If they were rude or if we were closed (I guess)
Answer:
a. 13.33%
b. 10%
c. 8%
d. 5.71%
Explanation:
The computation of nominal rate of return is given below:-
Rate of return = Dividend ÷ Current market price
For the first case
= $8 ÷ $60
= 13.33%
For the second case
= $8 ÷ $80
= 10%
For the third case
= $8 ÷ $100
= 8%
For the fourth case
= $8 ÷ $140
= 5.71%
Note :- To get $8 you need to multiply by $100 by the 8%
