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Question - Compute the total job cost for each of the following scenarios:
If the direct labor cost method is used in applying factory overhead and the predetermined rate is 100%, what amount should be charged to Job 2010 for factory overhead? Assume that direct materials used totaled $5,000 and that direct labor cost totaled $3,200. If the direct labor hour method is used in applying factory overhead and the predetermined rate is $10 an hour, what amount should be charged to Job 2010 for factory overhead? Assume that direct materials used totaled $5,000, the direct labor cost totaled $3,200 and the number of direct labor hours totaled 250. If the machine method is used in applying factory overhead and the predetermined rate is $12.50 an hour, what amount should be charged to Job 2010 for factory overhead? Assume that direct materials used totaled $5,000, the direct labor cost totaled $3,200, the number of direct labor hours totaled 250 and the machine hours were 295 hours.
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.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
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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