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Direct Materials, 3 yards at $6 per yard $18Direct labor 4 hrs at $15.50 per hr 62Variable overhead, 4 hrs at $1.50 per hr 6Fixed overhead, 4 hrs at $5 per hr 20Total standard cost per unit $106
Manufacturing overhead is applies to production on the basis of stand direct labor hrs. During the year, the company worked 37,000 hrs and manufactured 9500 units of product.
Actual fixed overhead $198,700, Volume variance, 10,000 U1. what were the standard hrs allowed for the years prodcution?2. what was the amount of fixed overhead cost contained in the flexible budget for the year?3.What was the fixed overhead budget variance for the year? 4. Whta denominator activity level did the company use in setting the predetermined overhead rate for the year?
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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