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Question - On January 1, 2021, X Company estimated the following costs for the year:
Direct materials $61,700
Direct labor 96,900
Factory supplies 19,800
Factory maintenance 28,000
Advertising 46,200
Factory rent 43,800
Sales salaries 48,000
Factory insurance 59,600
The company also estimated 5,700 direct labor hours and 66,000 machine hours for the year.
X company uses a plantwide overhead allocation system, with direct labor hours as the cost driver. The direct labor cost for one of the products that it produced in 2021, Product A, was $19,380, and it required 798 direct labor hours and 5,280 machine hours.
How much overhead was allocated to Product A [round overhead rate(s) to two decimal places]?
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
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Create a cost-benefit analysis to evaluate the project
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CAPM and Venture Capital
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