Reference no: EM131050323
The following information is available from the records of a manufacturing company that applies factory overhead based on direct labor hours:
Estimated overhead cost $500,000, Estimated labor hours $200,000, Actual overhead cost $515,000, Actual labor hours $210,000
Based on this information, factory overhead is
A. Underapplied by $9,524
B. Overapplied by $10,000
C. Overapplied by $15,000
D. Overapplied by $40,750
|
Which of these scenarios indicates market efficiency
: Aerotech, an aerospace technology research firm, announced this morning that its hired the world's most knowledgeable and prolific space researchers. Before today, Aerotech's stock had been selling for $100. What do you expect will happen to Aerotech..
|
|
Define these samefunctions using only boolean expressions
: Write each of the function M-files to define these samefunctions using only Boolean expressions.
|
|
Percent-of-sales forecasting method
: A firm has targeted a 40% growth in sales this year. Last year's cash as a percent of sales was 15%, accounts receivable 30%, and inventory 35%. What percentage growth in current liabilities is required to support the growth in sales under the p..
|
|
Spot price of crude oil-what was the net convenience yield
: In January 201x, the spot price of crude oil was $45.65 a barrel and the one year futures price was $56.38 per barrel. The interest rate was about 0.15 percent. What was the net convenience yield? Interpret/explain that result.
|
|
Records of a manufacturing company
: The following information is available from the records of a manufacturing company that applies factory overhead based on direct labor hours:
|
|
What amount must you deposit each year
: You want to have $65,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.30 percent interest, what amount must you deposit each year?
|
|
Discuss how organisational culture is created
: Topic - Organisational culture is a powerful but invisible force. Discuss how organisational culture is created, how it's sustained and is there risk in creating too strong a culture
|
|
What was net income for most recent four quarters
: You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today’s newspaper. 52-WEEK YLD VOL NET HI LO STOCK (DIV) % PE 100s CLOSE CHG 72.48 53.42 RJW 1.20 2.0 15 17,777 ?? − .55 What was the closing price for this..
|
|
Balance on the pro form a balance sheet
: If the actual December 31st A/R balance was $12,000; projected sales in January are $50,000; 70% of sales are on credit; 60% of credit sales are collected in the month of sale and 40% are collected in the month after the sale, what is the projecte..
|