At the end of the week, Carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings
1 answer:
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Answer:
correct option is a. $1,700 over head applied
Explanation:
given data
overhead = $700,000
machine hours = 200,000
direct labor hours = 35,000
Feb, direct labor hours = 5,000
Feb, machine hours = 10,000
Feb, actual overhead = $98,300
solution
we know overhead rate that is
overhead rate =
overhead rate =
overhead rate = $20 per hours
and in Feb for 5000 direct labor hour
overhead = 5000 × $20 = $100,000
so
over head applied = $100,000 - $98300
over head applied = $1700
so correct option is a. $1,700 over head applied
Answer:After-tax cost of debt capital = 4.78%
Explanation:
Cost of debt (After-tax):
=
(1 – tax rate)
Where,
= After tax cost of debt
F = Floatation cost
= Net proceeds
Net proceeds = Bond face value ± Premium or Discount
Net proceeds: $ 1000 - $ 15 = $ 985
Flotation cost = $ 36
Tax rate 34% or 0.34
Hence, after tax cost of debt = (1 - 0.34)
= 4.778 % (approx.)
i.e. 4.78%