Answer:
The overhead cost assigned to each unit of product B is $46.2 per unit.
Explanation:
Overhead absorbed in each product B can be calculated as under:
Overhead Absorbed = Overhead Absorption Rate * Absorption Basis
Here in this question, the absorption basis is Direct labor hours. So the direct labor hour per unit of Product B is 0.7 Hr and the OAR is $66.
By putting values in the above equation, we have:
Overhead Absorbed = $66 per unit * 0.7Hrs = $46.2 per unit
Answer and Explanation:
The journal entry is shown below:
Cash $8,200
To Notes receivable $8,000
To Interest revenue ($8,000 × 10% × 90 days ÷ 360 days) $200
(being the collection of notes is recorded)
For recording this we debited the cash as it increased the asset and credited the notes receivable and interest revenue as it decreased the assets and increased the revenue
Answer:
Browsed by an individual (Window)
Browsed at a Kiosk (Full Screen)
Presented by a Speaker (Full Screen)
Explanation:
The main objective of the show type option in the Microsoft presentation is used for the displaying the slide in the particular manner or the sequence as well for the purpose of setting the slide .
Following are Steps to use the show type in the presentation .
- Click on the file tab in the PowerPoint presentations.
- After that Select the slide set up show Option from there .
- We see that there is dialog box is display .
- In the dialog box we see that show type only three option are available i.e
- Browsed by an individual (Window)
- Browsed at a Kiosk (Full Screen)
- Presented by a Speaker (Full Screen)
- The user will choose the option according to there need .
- Click on apply the particular option is reflected on the slide .
- All the other option are not appear in the show type that's why these are incorrect option .
Answer:
Option (B) 10.87%
Explanation:
Data provided in the question:
common stock outstanding = 30,000
Market price = $15.00
Issuing price of share = $31 per share
Total face value = $280,000
Selling price = 86% of par
Cost of equity, ke = 13%
After-tax cost of debt, kd = 6.9%
Beta = 1.48
Tax rate = 30%
Now,
Market value of debt, Md = Total face value × Selling price
= $280,000 × 86%
= $240,800
Market value of equity, Me = Stocks outstanding × Market price
= 30,000 × $15
= 450,000
Thus,
WACC = [ Kd × Md + Ke × Me ] ÷ ( Md + Me )
= [ 0.069 × $240,800 + 0.13 × $450,000 ] ÷ ( $240,800 + $450,000 )
= $75,115.20 ÷ $690,800
= 0.1087
or
= 0.1087 × 100%
= 10.87%
Option (B) 10.87%
