Answer: he could benefit from adopting such a system, but should also consult with an accountant for advice about what's best.
Answer:
The overhead application rate is 1.8
Explanation:
In the question both the estimated and actual overhead cost , material and labor cost are provided -
ESTIMATED ACTUAL
Overhead cost $396,000 $418,000
Material cost $410,000 $413,200
Direct cost $220,000 $224,000
Overhead application rate can be calculated by dividing the total budgeted overhead cost by direct labor cost.
= Budgeted overhead cost / direct labor cost
= $396,000 / $220,000
= 1.8
Since Amber would like to interview an accountant that she is not familiar with to gain more information about what it is like working as one, it is better for her to send a letter that includes (D) a list of questions that she intends to ask in her interview.
This way, the accountant can know whether she or he can answer the questions that Amber wants the answers too and prepare any necessary information beforehand.
Answer:
Implementing cloud computing technology, the company should consider:
d)Potential cost reduction
Explanation:
Cloud computing technology uses software applications where the software and data are accessed by users and customers through the internet. When a company considers this option of hosting its software applications and storing data, the first consideration should center on the potential cost reduction that will be gained by so doing. Then, it is also important to consider the risks of data integrity and access levels.
Answer:
The after-tax weighted average cost of capital for Ronnie's Commics is 9.6%
Explanation:
WACC is calculated by the formula
= 
According to the information given in the question,
E+D= $250,000,000 + $750,000,000 = $1,000,000,000
E = $250,000,000
D = $750,000,000
T = 35%
Re = 15%
Rd = 12%
Substituting the values in the formula,
= 
= 3.75 + 5.85 = 9.6%
