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Southern Rim estimates its manufacturing overhead to be $495,000 and its direct labor costs to be $900.000. the first 3 jobs that southern rim worked on had actual direct labor costs of $20,000 for job 301, $30,000 for job 302, and $40,000 for job 303. For the year actual manufacturing overhead was $479,000 and total direct labor cost was $850,000. manufacturing overhead is applied to jobs on the basis of direct labor costs using predetermined rates.
Problem 1: Show how to calculate actual manufacturing overhead costs to get the over applied or under applied manufacturing overhead?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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