Reference no: EM131829350
Question - Waheed Company uses normal costing. It allocates manufacturing overhead costs using a budgeted rate per machine-hour.
The following data are available for 2008:
Budgeted manufacturing overhead costs $4,000,000
Budgeted machine-hours 200,000
Actual manufacturing overhead costs $3,860,000
Actual machine-hours 195,000
a) Calculate the budgeted manufacturing overhead rate.
b) Calculate the manufacturing overhead allocated during 2008.
c) Calculate the amount of under- or overallocated manufacturing overhead.
|
Mutual fund opened position
: A US mutual fund purchased 150,000 shares of BBC Corp.'s (British firm) stock. At the time the mutual fund opened their position, BBC was trading
|
|
European call option on stock when the stock price
: What is the price of a European call option on a stock when the stock price is $52, the strike price is $50, the risk-free rate is 12% per annum,
|
|
What is the amount of the final one-off repayment
: What is the amount of the final one-off repayment that is due on 30 June 2022 to fully pay off the loan?
|
|
What is the npv of project
: If the tax rate is 34 percent and the discount rate is 10 percent, what is the NPV of this project?
|
|
Calculate the budgeted manufacturing overhead rate
: Budgeted manufacturing overhead costs $4,000,000, Calculate the budgeted manufacturing overhead rate. Calculate the manufacturing overhead allocated during 2008
|
|
Two annuities would have equal values as of today
: Which annuity has the greater value today? Is there any circumstance where the two annuities would have equal values as of today? Explain.
|
|
Describe your profit making arbitrage strategy
: You are a manager of Short Term Capital Management (STCM). describe your profit making arbitrage strategy.
|
|
What changes and improvements do you recommend vasa make
: What does your analysis of the data reveal in this matter? In relation to question #1, what specific changes and improvements do you recommend VASA make?
|
|
Compute the actual and budgeted manufacturing overhead rates
: Destin Products uses a job-costing system with two direct-cost categories, Compute the actual and budgeted manufacturing overhead rates for 2009
|