ABD Company's manufacturing overhead is 20% of its total conversion costs. If direct labor is PhP1,900,000 and if direct materials are PhP1,700,000, what is the manufacturing overhead? Show the solution.
Q: what is an immediate threat (or threats) to global corporate finance now? What are some opportunitie...
A: As there are multiple questions, are given but as per answering guidelined we do only first one.
Q: 7.11 Stock Valuation Evaluate the following statement: Managers should not focus on the current stoc...
A: Profit maximization is one of the main but not sole objectives of the companies. The profit can be c...
Q: this project acceptable?
A: The return is the profit or loss that an investor anticipated on an investment. It is to be calculat...
Q: During the month of January, direct labor cost totaled PhP850,000 and direct labor cost was 60% of p...
A: Labor cost = Php 850,000 Labor cost ratio in prime cost = 60% Prime cost = 850,000/0.60 = Php. 14166...
Q: Thorley Inc. is considering a project that has the following cash flow data. What is the project's I...
A: IRR is the rate of return at which the present value of cash inflows equal the project cost
Q: broker fairly pricing the bond
A: A bond is a fixed income instrument that represents the loan given by the investor to the company ...
Q: A pensioner borrowed P 10000 and promi eceives the amount of P8200 from the len ind the rate of disc...
A: The borrowed amount are issued at the discount to the face value of the borrowing and this is discou...
Q: 4. Matt invested 10,000 in an account that was paying 3.5% annual interest. Determine his balance af...
A: Solution:- When some amount of money is invested somewhere, it earns interest on it. The amount at m...
Q: (a) The amount financed is $ (Round the final answer to the neare (b) The interest is $ (Round the f...
A: Amounts financed in the above case will be equal to the present discounted value of future payments....
Q: You own stocks in an oil palm plantation company, and you read in the financial press that a recent ...
A: Debt to equity ratio has been increased from 30℅ to 55℅.
Q: calculate the capitalized cost of a project that has an initial cost of 8 000 000 and an additional ...
A: Initial Cost= 80,00,000 Additional Cost =250,000 n=8 Operating cost for first 5 years= 150,000 Opera...
Q: Find the amount of P18450 after 5 years if it will be considered compounded semi- annually at the ra...
A: Interest is paid on the amount of the deposit. The rate of interest and number of periods depend on ...
Q: You buy a share of the Ludwig corporation stock for $ 21.60. You expect it to pay dividends of $ 1.0...
A: Growth rate in dividend can be calculated by using this equation Growth rate =Dividend in year 3Divi...
Q: The finance charge for this billing cycle is The account balance on the next billing is
A: A credit card is a type of payment card which is issued to the user by banks or financial institutio...
Q: During the month of February, direct materials cost totaled PhP650,000 and direct labor cost was 40%...
A: Material cost = Php 650,000 Labor cost ratio = 40% Prime cost = Material cost/(1-Labor cost ratio) ...
Q: A company has a 12% WACC and is considering two mutually exclusive investments (that cannot be repea...
A: Given, Project A and Project B with the cash flows. The WACC is 12%.
Q: vity Location Amou
A: Finance charge is the cost that normally charged for using credit card.
Q: hat is the future worth of P8500 deposited at the end of every month for 3 years if the interest is ...
A: The future value of money includes the amount deposited and the interest accumulated over the period...
Q: A certain equipment has a first cost of P 12,000 and a salvage value of P 500 at the end of x years....
A: Equipment cost = P 12,000 Salvage value = P 500 Annual depreciation = P 1,437.5 Life = x
Q: A certain machinery costs P 50,000 lasts 12 years with a salvage value of P 5,000. If the owner dec...
A: Depreciation is the allocation of cost of asset over the useful period of life. Under double declini...
Q: 1. Three mutually exclusive investment alternatives are being considered. The estimated cash flows f...
A: Mutually Exclusive Projects : It is the concept capital budgeting process that a single project out...
Q: 1. Provide a Liquidity Ratio Analysis based on the current Ratio. 2. Provide a Profitability ratio ...
A: Ratio Analysis is the analysis of the financial statements of the company which determines the profi...
Q: Ecolap Inc. (ECL) recently paid a $0.46 dividend. The dividend is expected to grow at a 14.5 percent...
A: Dividend discount model With required/expected return on equity (r), current dividend (D) and consta...
Q: A construction company agreed to lease payments of S622.77 on construction equipment to be made at t...
A: Calculate the value of the Present Value of Original Lease Contract (PV): Here, the original lease...
Q: Periodic Payment Interval Term Interest Rate Conversion Period Payment $1700 6 months 17 years 2% an...
A: Future value of the ordinary annuity that are deposited at the end of period will includes the amoun...
Q: 11. Valuing Preferred Stock E-Eyes.com has a new issue of preferred stock it calls 20/20 preferred. ...
A: Annual dividend (D) = $20 First dividend payment period (n) = 20 years Required rate of return (r) =...
Q: You are required to assess whether the decision to renovate will be profitable by using a BCR.
A: Benefit-cost ratio (BCR) refers to the ratio which shows the relationship between present value of b...
Q: How do development banks help to increase international trade?
A: The exchange of products, services, and capital across international restrictions or territories oc...
Q: Calculate the average monthly expenses for these individuals. 1. Kelsey spent $350 in May, $432 in J...
A: As per Bartleby Honor Code, when multiple questions are asked, the expert is required only to solve ...
Q: Calculate the average rate of return for each stock during the 5-year period. Do not round intermedi...
A: Average rate of return can be defined as an average percent increase of value of an investment over ...
Q: Determine the future worth of P5000 at exact simple interest rate of 11% from January 12, to Oct. 5,...
A: Principal (P) = P 5000 r = 11% n = 267 days
Q: DRAW CASH FLOW DIAGRAM A manufacturing plant installed a new boiler at a cost of P150, 000 and estim...
A: The net amount of cash and cash equivalents being transferred in and out of a company is referred to...
Q: Find the future value of the following ordinary annuity. Periodic Interest Rate Payment Interval Ter...
A: The time value of money states that the same amount of money will have more value today than in the ...
Q: An installment contract for the purchase of a car requires payments of $346.34 at the end of each mo...
A: Present Value can be calculated using PV function in excel PV (rate, nper, pmt, [Fv], [type]) Rat...
Q: nstruction: Show complete solution including the cash flow diagram if not given,Formula function, Fo...
A: The Equivalent Uniform Annual Cost is a term which defines the total cost of an asset which is incur...
Q: Compute the IRR statistic for Project E. The appropriate cost of capital is 8 percent. (Do not round...
A: IRR refers to the Internal rate of return. It is the rate of return of a project at which the net pr...
Q: You own a put option on Ford stock with a strike price of $9. When you bought the put, its cost to y...
A: Put Option: A put option gives the holder the right, but not an obligation to sell the underlying as...
Q: A bank in Toronto charges 3.25% commission to buy and sell currencies. Assume that the current excha...
A: Amount of Canadian Dollars that may be required to be paid for purchasing certain amount of US Dolla...
Q: DuPree Coffee Roasters, Inc., wishes to expand and modernize its facilities. The installed cost of a...
A: The initial sum of money necessary to open a bank account or initiate a buy-in relationship is refer...
Q: Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. (Do not r...
A: Cost of capital = 12% Time Cash flow 0 -11000 1 5330 2 4180 3 1520 4 2000
Q: Compute the following capital budgeting measures for both projects: i. Payback Period. ii. Net Prese...
A: The question here relates to time value of money. We will use the principles of capital budgeting to...
Q: Calculate the following Ratios: g) Accounts Payable Turnover Ratio h) Debt ratio i) Return on Ass...
A: The ratios mentioned in the question are financial ratios. We can calculate them using the provided ...
Q: ZYK company makes its policy that for every new equipment purchased, the annual depreciation should ...
A: When compared to other depreciation methods, double-declining-balance depreciation results in a grea...
Q: leposited $10,000 today. He plans to withdraw $700 every year. For how long can she withdraw from th...
A: The present value of annuity is equivalent amount today considering period of annuity and prevailing...
Q: A promoter priced tickets to a concert as follows: $17 when purchased in advance and $20 when purcha...
A: Product mixes from a group of two items can be found by solving a system of two equations. This is a...
Q: The following information relates to Pug Company Sales revenue Contribution margin S600.000 $150,000...
A: Ratio of percentage change in income and percentage change in sales is the degree of operating lever...
Q: A car loan of $28,641.62 is to be repaid with end-of-month payments of $582.15. If interest is 4% co...
A: EMI stands for equated monthly instalments. It is a series of payment provided by the borrower to a ...
Q: A man bought a Ford vintage car for P210,000 on installment basis at the rate of 12% per annum on th...
A: Quarterly Payment refers to the total of Monthly Payments made at the conclusion of each quarter of ...
Q: Briefly discuss the following: 1. When does commercial credit occurs? 2. What attributes does comm...
A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for yo...
Q: on the reasonableness of these assumptions. 7.5 Common versus Preferred Stock Suppose a company has ...
A: Dividend on preferred stock = Dividend on common stock = 2
Step by step
Solved in 3 steps
- The following product Costs are available for Haworth Company on the production of chairs: direct materials, $15,500; direct labor, $22.000; manufacturing overhead, $16.500; selling expenses, $6,900; and administrative expenses, $15,200. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 7,750 equivalent units are produced, what is the equivalent material cost per unit? If 22,000 equivalent units are produced, what is the equivalent conversion cost per unit?Bobcat uses a traditional cost system and estimates next years overhead will be $800.000, as driven by the estimated 25,000 direct labor hours. It manufactures three products and estimates the following costs: If the labor rate is $30 per hour, what is the per-unit cost of each product?Colonels uses a traditional cost system and estimates next years overhead will be $480,000, with the estimated cost driver of 240,000 direct labor hours. It manufactures three products and estimates these costs: If the labor rate is $25 per hour, what is the per-unit cost of each product?
- The following product costs are available for Stellis Company on the production of erasers: direct materials, $22,000; direct labor, $35,000; manufacturing overhead, $17,500; selling expenses, $17,600; and administrative expenses; $13,400. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 13,750 equivalent units are produced, what is the equivalent material cost per unit? If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit?Crystal Pools estimates overhead will utilize 250,000 machine hours and cost $750,000. It takes 2 machine hours per unit, direct material cost of $14 per unit, and direct labor of $20 per unit. What is the cost of each unit produced?Boarders estimates overhead will utilize 160,000 machine hours and cost $80,000. It takes 4 machine hours per unit, direct material cost of $5 per unit, and direct labor of $5 per unit. What is the cost of each unit produced?
- Box Springs, Inc., makes two sizes of box springs: twin and double. The direct material for the twin is $25 per unit and $40 s used in direct labor, while the direct material for the double is $40 per unit, and the labor cost is $50 per unit. Box Springs estimates it will make 5,000 twins and 9,000 doubles in the next year. It estimates the overhead for each cost pool and cost driver activities as follows: How much does each unit cost to manufacture?Patterson Corporation expects to incur 70,000 of factory overhead and 60,000 of general and administrative costs next year. Direct labor costs at 5 per hour are expected to total 50,000. If factory overhead is to be applied per direct labor hour, how much overhead will be applied to a job incurring 20 hours of direct labor? a. 120 b. 260 c. 28 d. 140Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor hours costing $2,500,000 in labor and utilizing 12,500 machine hours. Calculate the predetermined overhead rate using: A. Direct labor hours B. Direct labor dollars C. Machine hours
- Cool Pool has these costs associated with production of 20,000 units of accessory products: direct materials, $70; direct labor, $110; variable manufacturing overhead, $45; total fixed manufacturing overhead, $800,000. What is the cost per unit under both the variable and absorption methods?Ellerson Company provided the following information for the last calendar year: During the year, direct materials purchases amounted to 278,000, direct labor cost was 189,000, and overhead cost was 523,000. During the year, 100,000 units were completed. Required: 1. Calculate the total cost of direct materials used in production. 2. Calculate the cost of goods manufactured. Calculate the unit manufacturing cost. 3. Of the unit manufacturing cost calculated in Requirement 2, 2.70 is direct materials and 5.30 is overhead. What is the prime cost per unit? Conversion cost per unit?Green Bay Cheese Company estimates its overhead to be $375,000. It expects to have 125,000 direct labor hours costing $1,500,000 in labor and utilizing 15,000 machine hours. Calculate the predetermined overhead rate using: A. Direct labor hours B. Direct labor dollars C. Machine hours