Business, 17.12.2019 01:31, JeffTheGoat
Media, inc., an advertising agency, applies overhead to jobs on the basis of direct professional labor hours. overhead was estimated to be $152,000, direct professional labor hours were estimated to be 19,000, and direct professional labor cost was projected to be $285,000.
during the year, media incurred actual overhead costs of $149,300, actual direct professional labor hours of 18,500, and actual direct labor cost of $279,000.
by year-end, the firm's overhead was:
a)$1,300 underapplied.
b)$1,300 overapplied.
c)$2,700 underapplied.
d)$2,700 overapplied.
e)$4,000 underapplied.
Answers: 1
Business, 22.06.2019 19:10, xbeatdroperzx
Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average. it is valued at greater than the sum of individual business units.
Answers: 1
Business, 22.06.2019 19:30, alejandra340
Adisadvantage of corporations is that shareholders have to pay on profits.
Answers: 1
Business, 22.06.2019 21:40, supasavb99
Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?
Answers: 2
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