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Osborn Manufacturing uses a predetermined overhead rate of $18.70 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $233,750 of total manufacturing overhead for an estimated activity level of 12,500 direct labor-hours. The company incurred actual total manufacturing overhead costs of $229,000 and 12,000 total direct labor-hours during the period. Required:
1. Determine the amount of under applied or over applied manufacturing overhead for the period.
2. Assuming that the entire amount of the under applied or over applied overhead is closed out to cost of goods sold, what would be the effect of the under applied or over applied overhead on the company's gross margin for the period?
Compute the future value of $1,000 in ten years assuming an interest rate of 12% compounded quarterly.
how the yield curve may respond to prevailing conditions.consider how economic conditions affect the default risk
Briefly explain the primary roles of the U.S. Federal Reserve, the Federal Reserve Chairman, and the Federal Reserve Board. Indicate each party's effectiveness in today's economic environment. Provide support for your explanation.
Assume a financial system has a monetary base of $25 million. The required reserves ratio is 10 percent and there are no leakages in the system.
your firm is considering a project that is considered average risk by your firm. overall your firms beta is 0.77 the
What is the expected value of the cash flow? (Omit the "tiny_mce_markerquot; sign in your response.)
answer the following problems in detail1. you are provided with a file labeled multibetadata12 with monthly data
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Barry Carter is planning opening a music store. He wants to estimate the number of CDs he must sell to break even. The CDs will be sold for $13.98 each,
Is the investment attractive at this rate? b) Compute the internal rate of return to the nerest 0.01%
Write a review of the article. McHale, J. (2012). Is Retirement an Endangered Species?Benefits Magazine
What is the standard deviation of a portfolio of two stocks given the following data: Stock A has a standard deviation of 18%. Stock B has a standard deviation of 14%. The portfolio contains 40% of stock A, and the correlation coefficient between ..
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