Yamada Company applies factory overhead to its production departments on the basis of 90% of direct labor costs. In the Assembly Department, Yamada had $125,000 of direct labor cost, and in the Finishing Department, Yamada had $35,000 of direct labor cost. The entry to apply overhead to these production departments is:

A. Debit Factory Overhead - Assembly $112,500 ; Debit Factory Overhead - Finishing $31,500 ; Credit Work in Process Inventory $144,000

B. Debit Factory Overhead $144,000 ; Credit Work in Process Inventory - Assembly $112,500 ; Credit Work in Process - Finishing $31,500

C. Debit Factory Overhead $144,000 ; Credit Factory Payroll $144,000

D. Debit Work in Process Inventory - Assembly $112,500 ; Debit Work in Process Inventory - Finishing $31,500 ; Credit Factory Overhead $144,000

E. Debit Factory Payroll $144,000 ; Credit Cash $144,000

If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.

If a firm plans to issue new stock, flotation costs (investment bankers' fees) should not be ignored. there are two approaches to use to account for flotation costs. the first approach is to add the sum of flotation costs for the debt, preferred, and common stock and add them to the initial investment cost. because the investment cost is increased, the project's expected return is reduced so it may not meet the firm's hurdle rate for acceptance of the project. the second approach involves adjusting the cost of common equity as follows: . the difference between the flotation-adjusted cost of equity and the cost of equity calculated without the flotation adjustment represents the flotation cost adjustment. quantitative problem: barton industries expects next year's annual dividend, d1, to be $1.90 and it expects dividends to grow at a constant rate g = 4.3%. the firm's current common stock price, p0, is $22.00. if it needs to issue new common stock, the firm will encounter a 6% flotation cost, f. assume that the cost of equity calculated without the flotation adjustment is 12% and the cost of old common equity is 11.5%. what is the flotation cost adjustment that must be added to its cost of retaine

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is