Answer:
Free Ride Bike Company
1. Condensed Divisional Income Statements for the year ended December 31, 2014:
1. Road bike division Mountain bike division Total
Sales $1,728,000 $1,760,000 $3,488,000
Cost of goods sold $1,380,000 $1,400,000 $2,780,000
Operating expenses $175,200 $236,800 $412,000
Net Income $172,800 $123,200 $296,000
2. Du Pont ROI = Return on sales * Asset Turnover
Road bike division Mountain bike division
= 1.2 * 10% = 12% 2.2 * 7% = 15.4%
3. Residual income
Road bike division Mountain bike division Residual income $28,800 $43,200
4. Evaluation of the two divisions, using the performance measures determined in parts (1), (2), and (3):
The Road bike division outperformed the Mountain bike division when we evaluate their performances based on the Return on Sales or Net Income margin. However, using the DuPont formula on the return on investment and residual income parameters, one understands that the Mountain bike division outperformed the Road bike division. These show that performance evaluation should not be based on one measure. Using the different performance evaluation measures yield clearer pictures of divisional performance.
Explanation:
a) Data and Calculations:
Road bike division Mountain bike division Total
Sales $1,728,000 $1,760,000 $3,488,000
Cost of goods sold $1,380,000 $1,400,000 $2,780,000
Operating expenses $175,200 $236,800 $412,000
Net Income $172,800 $123,200 $296,000
Return on sales 10% 7% 8.5%
Invested assets $1,440,000 $800,000 $2,240,000
Asset Turnover 1.2($1,728,000/$1,440,00) 2.2($1,760,000/$800,000)
Du Pont ROI = Return on sales * Asset Turnover
= 1.2 * 10% = 12% 2.2 * 7% = 15.4%
b) Residual income
Road bike division Mountain bike division Total
Net Income $172,800 $123,200 $296,000
Minimum rate of return 10% 10% 10%
Dollar minimum return 144,000 $80,000 224,000
Residual income $28,800 $43,200 $72,000
A generous benefactor to a local symphony plans to make a one-time endowment that would provide the ballet with $150,000 per year into perpetuity. The rate of interest is expected to be 6 percent for all future time periods. How large must the endowment be?
Answer:
The right answer is "$2,500,000".
Explanation:
The given values are:
Interest rate,
= 6%
i.e.,
= 0.06
Perpetuity per year
= $150,000
Now,
The present value will be:
= [tex]\frac{Perpetuity}{Interest \ rate}[/tex]
On substituting the estimated values, we get
= [tex]\frac{ 150,000}{0.06}[/tex]
= [tex]2,5 00,00 0[/tex] ($)
**ECONOMICS** Which action would most likely limit a person's success in the workplace?
A. Coming into the office on time every day of the year
B. Following workplace rules even when they're inconvenient
C. Needing to work as part of a team to complete a large task
D. Refusing to let others know about problems with a project
Answer:
Also, refusing to let fellow team members help on a project
Explanation:
kinda the same as the other answer but the wording is a little different.
The actions that would most likely limit a person's success in the workplace include refusing to let others know about the problems with the project Hence option D is correct.
What is the workplace?A workplace is a place where an employee or someone works and is thus a place of employment the place may include offices, buildings, and many more.
The workplace needs to have cooperation and collaboration from the people of all types of backgrounds in order to make the project or the company a success.
Find out more information about the workplace
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Holiday Trees Inc. is an unlevered (all-equity) firm that expects to generate an after-tax cash flow stream of $250 million next year and is expected to grow at a rate of 4% per year. The beta of the unlevered value of this free cash flow stream is 1.5. The riskless rate of interest is 6%, and the risk premium on the market portfolio is 7%. The corporate tax rate is 40%. Assume all debt is riskless. 1. What is the value of unlevered firm?2. The firm decides to lever itself to a 50% debt-to-equity ratio. Calculate WACC.3. Calculate value of the levered firm.
Answer and Explanation:
The computation is shown below:
1. Cost of equity = Risk free Rate + Beta × Market Risk Premium
= 6% + 1.5 × 7%
= 16.5%
Now Value of un Levered firm is
= After tax Cash flow year1 ÷ (Cost of Equity - Growth)
= $250 ÷ (16.5% - 4%)
= $2000
Beta levered is
= Beta Unlevered (1+ (1- Tax Rate ) × Debt ÷ Equity)
= 1.5 × (1 + (1 -40%) × 50% ÷ 100%
= 1.95
2. Cost of equity = Risk free Rate + Beta × Market Risk Premium
= 6% + 1.95 × 7%
= 19.65%
Now WACC = Weight of Equity × Cost of Equity + Weight of debt × Cost of Debt × (1 - Tax rate)
=100% ÷ 150% × 19.65% + 50% ÷ 150% × 6% × (1 - 40%)
= 14.30%
3. Debt = 1 ÷ 3 × 2000
Value of levered firm = Value Unlevered + Debt × Tax Rate
= 2000 + 2000 ÷ 3 × 40%
= $2,266.67
Forest Gump drinks Dr. Pepper. He can buy as many cans of Dr. Pepper as he wishes at a price of $0.50 per can. On a particular day, he is willing to pay $1.00 for the first can, $0.75 for the second can, $0.60 for the third can, and $0.40 for the fourth can. Assume Forest Gump is rational in deciding how many cans to buy. His consumer surplus is
Answer:
0.85
Explanation:
1-0.50 = 0.50
0.75-0.50 = 0.25
0.60-0.50 = 0.10
0.50+0.25+0.10
= 0.85
If a check correctly written and paid by the bank for $236 is incorrectly recorded in the company's books for $263, how should this error be treated on the bank reconciliation
Answer: Difference is added to book balance
Explanation:
The error overstated the amount of money that the business paid by check which means that it understated the bank balance of the company.
The difference between the amounts should therefore be added to the book balance to reconcile it to the bank balance;
= 263 - 236
= $27
$27 will be added to the book balance.
15% of all cars passing along a certain road are blue. What is the probability that the 7th car will be the first blue car that you see passing along the road?
The probability is (85/100)⁶ * (15/100) = 5.657%.
Answer:
5.657%
Explanation:
A company's fixed interest expense is $26,000, its income before interest expense and income taxes is $221,000. Its net income is $106,100. The company's times interest earned ratio equals:
Answer:
8.5
Explanation:
The company interest expense is $26,000
The income tax is $221,000
The net income is $106,100
Therefore the company times interest earned ratio can be calculated as follows
= Income tax/interest expense
= 221,000/ 26,000
= 8.5
Hence the company times interest earned ratio is 8.5
The interest on the projected benefit obligation component of pension expense:__
a. reflects the incremental borrowing rate of the employer.
b. reflects the rates at which pension benefits could be effectively settled.
c. is the same as the expected return on plan assets.
d. may be stated implicitly or explicitly when reported.
Answer:
Option b (reflects..................settled) is the right response.
Explanation:
The estimated beneficiary obligation was indeed unwounded by that of the identification of inflation rates through an investment that raises something both PBO reserve as well as the retirement expenditure between each duration. The premium on either the expected advantage commitment portion including its pension cost illustrates the amounts beyond which the pension contributions will indeed be reasonably negotiated.Any other option is not connected to that case. That's the right choice.
Write an equation to solve and find the answer to the following rate problem. Show all of your work. A gardening store sells 6 plants per hour. How many plants they will sell in 5 hours?
Answer:
30 plants
Explanation:
The store sells six plants per hour; in 5 hours, the store will sell
i.e., 1 hr = 6 plants,
if 5 hr = 6 plants x 5
=30 plants
Answer:
21
Explanation:
vanhoe Company reported the following results for the year ended December 31, 2021, its first year of operations: 2021 Income (per books before income taxes)$1510000 Taxable income 2700000 The disparity between book income and taxable income is attributable to a temporary difference which will reverse in 2022. What should Ivanhoe record as a net deferred tax asset or liability for the year ended December 31, 2021, assuming that the enacted tax rates in effect are 30% in 2021 and 25% in 2022
Answer:
the deferred tax liability for the year ended is $297,500
Explanation:
The computation of the net deferred tax or liability is as follows:
= (Taxable income - income before income taxes) × enacted tax rate
= ($2,700,000 - $1,510,000) × 0.25
= $1,190,000 × 0.25
= $297,500
Therefore the deferred tax liability for the year ended is $297,500
Hence, the same is to be considered
ABC Company's return on asset is greater than XYZ Company's return on asset, but XYZ
Company's return on equity is greaten than ABC Company's return on equity, then which of the
following is necessarily true?
a) ABC Company's net profit margin is greater than XYZ' net profit margin
b) XYZ's total asset turn over is greater than ABC Company's total asset turn over
c) The equity multiplier of ABC is greater than XYZ
d) XYZ company is highly debt financed relative to ABC
e) All
Answer:
d) XYZ company is highly debt financed relative to ABC
Explanation:
The difference between the return on equity ( ROE) and return on assets (ROA) is the structure of capital financing.
ROE is calculated as follows
ROE = net income / shareholders equity. Shareholders' equity is the difference between a business's assets and liabilities. I.e., shareholders equity = Assets - Liabilities.
ROE considers the debts of the business. If a company is highly indebted, its ROE will be high.
ROA is calculated: ROA = net income/ total assets. Total assets is the sum of shareholders' equity plus liabilities. i.e., total assets = assets + liabilities.
The difference is the two ratios is the denominator. If the denominator is small, the ratio will be bigger. A business with a high level of debt will have reduced equity( assets- liabilities).
XYZ Company's return on equity is greater than ABC's, implying that XYZ has more debts than ABC.
The executor of Danny Mack's estate has listed the following properties at fair value: Cash $200,000, Life Insurance Receivable $500,000, Investment in Stocks and Bonds $50,000, Rental Property $100,000, and Personal Property $80,000. Additionally, the executor found $100,000 of various debts incurred before the decedent's death. The cost of Danny Mack's funeral was $20,000.Prepare a Charge and Discharge Statement for the estate.
Answer:
Charge & Discharge statement
Particulars Amount
Cash $200,000
Life insurance receivable $500,000
Investment in stock & bonds $50,000
Rental property $100,000
Personal property $80,000
Balance before discharge $930,000
Less: Discharge
Debts $100,000
cost of funeral $20,000 $120,000
Leaving a principal balance $810,000
QUESTION 1 of 10: You are considering leasing a store site that has 1,200 square feet. The landlord is asking for a rent of $65 per square
foot per year. How much is the rent per month?
a) $6,000
b) $6.250
c) $6,500
d) $6,750
Submit
Answer:
c) $6,500
Explanation:
The rent per year = $65 per foot
Total square feet = 1200
Rent per year = $65 x 1200
=$78,000
Rent per months will be $78,000 /12
=$6,500
Farmer and Taylor formed a partnership with capital contributions of $285,000 and $335,000, respectively. Their partnership agreement calls for Farmer to receive a $87,000 per year salary. The remaining income or loss is to be divided equally. Assuming net income for the current year is $237,000, the journal entry to allocate net income is:
Answer:
Dr Income Summary $237,000
Cr Farmer, Capital $162,000
Cr Taylor,Capital $75,000
Explanation:
Preparation of the journal entry to allocate net income
Based on the information given in a situation where their partnership agreement calls for Farmer to receive the amount of $87,000 per year salary in which the remaining income or loss is to be divided equally among them which means that Assuming the net income for the current year is the amount of $237,000, the journal entry to allocate the net income is:
Dr Income Summary $237,000
Cr Farmer, Capital $162,000
($237,000-$75,000)
Cr Taylor,Capital $75,000
[($237,000-$87,000)/2]
Multiple Choice Question 54 Outstanding stock of the Sunland Corporation included 21100 shares of $5 par common stock and 10550 shares of 5%, $10 par non cumulative preferred stock. In 2019, Sunland declared and paid dividends of $4000. In 2020, Sunland declared and paid dividends of $12600. How much of the 2020 dividend was distributed to preferred shareholders
Answer:
$5,275
Explanation:
Preferred stock dividend = 10,550 shares * $10 * 5%
Preferred stock dividend = 10,550 * 10 * 5%
Preferred stock dividend = $5,275
So therefore, the dividend distributed to preferred shareholders in 2020 was $5,275
A mini-presentation Please make a presentation about the topic "What is important when working from home?" • Set up an office space in the house. • Plan your working hours and your breaks. • • You are require to submit your presentation script and your video here.
Explanation:
Working from home can be a challenging but very rewarding task. When thinking about the advantages of being able to work from home, you can assess the flexibility of being in an environment where you can feel more secure and comfortable, in addition to the possibility of adapting your schedules and goals, which guarantees greater autonomy and productivity.
However, on the other hand, the advantages explained here can give rise to an important challenge that interferes with the worker's performance, since self-management is something that can be difficult if there is no organization.
Being at home can confer external interference, even more if the individual lives with more people, so it is ideal to set up an office at home where there is silence and ideal conditions for the execution of tasks. It is also necessary that the schedules are adhered to and that there are no distractions with cell phones, television or any other form of incentive that blur the worker, it is ideal that there is an ideal stipulation of working hours and breaks, so that the flexibility is adequate and ideal for the employee. performance and productivity of each person according to their professional profile. But basically, organization, control, discipline and monitoring are necessary, so that there is efficiency and effectiveness in working at home.
An asset used in a three-year project falls in the three-year MACRS class for tax purposes. The MACRS percentage rates starting with Year 1 are: 33.33, 44.45, 14.81, and 7.41.The asset has an acquisition cost of $2.6 million and will be sold for $1.1 million at the end of the project. If the tax rate is 34 percent, what is the aftertax salvage value of the asset
Answer:
$791,504.40
Explanation:.
Calculation for the after tax salvage value of the asset
Asset Aftertax salvage value = $1,100,000- [$1,100,000-($2,600,000 x .0741)] x .34
Asset Aftertax salvage value = $1,100,000- [$1,100,000-$1,926,600] x .34
Asset Aftertax salvage value = $791,504.40
Therefore the after tax salvage value of the asset will be $791,504.40
For the current year ($ in millions), Central Park Corp. had $80 in pretax accounting income. This included bad debt expense of $6 based on the allowance method, and $20 in depreciation expense. Two million in receivables were written off as uncollectible, and MACRS depreciation amounted to $35. In the absence of other temporary or permanent differences, what was Central Park's taxable income
Answer:
$69
Explanation:
Calculation for Central Park's taxable income
Pretax accounting income $80
Less Temporary differenceDepreciation (15)
($35 – $20)
Bad debt expense $4
($6 – $2)
Taxable income$69
($80-$15+$4)
Therefore Central Park's taxable income will be $69
Suppose the Federal Reserve increases the amount of reserves by $100 million and the total money supply increases by $500 million. Instructions: Enter your answers as a whole number. a. What is the money multiplier
Answer:
the money multiplier is 5
Explanation:
The computation of the money multiplier is as follows:
As we know that
Increase in money supply = Increase in reserves × Money multiplier
Now after rearranged it the following formula is
Money multiplier = Increase in money supply ÷ Increase in reserves
= $500 million ÷ $100 million
= 5
Hence, the money multiplier is 5
We have acquired new furniture for the office. The invoice for $6,000 offers two ways to pay: we can pay the entire amount by September 1, or we can pay $3,060 by September 1 and $3,000 by January 1. How does our decision depend on the interest rate at which we can invest our funds
Answer:
6.12%
Explanation:
Calculation for How does our decision depend on the interest rate at which we can invest our funds
Present value = 6000-3060
Present value = 2940
Future value = Present value+Present Value*Numver of month* Rate of interest/ 100
3000 = 2940+2940*4/12*R/100
60 = 2940*4/12*R/100
60*12/4 = 2940*R/100
180 = 2940*R/100
180/2940 = R/100
0.061224 = R/100
Rate = 6.1224
Therefore How does our decision depend on the interest rate at which we can invest our funds is 6.1224
a) Consumers spend $1200 buying plastic bags, $500 buying bread, and $80 on imported peanut butter. b) The Government spends $300 buying bread and $90 buying imported peanut butter. c) The bread company buys $100 of flour from a flour company and uses it entirely to make bread which they sell all of it to domestic consumers. The bread company buys $500 of new bread machines from a domestic machine company. d) The wheat company exports $180 of wheat. Question: Calculate the GDP of Stonyland in 2019. Enter only numbers. Do not enter letters or symbols. Year Pв QB Ps Qs 2015 $2.00 15 $3.50 10 2016 $2.50 20 $4.00 12 Refer to the table above. Suppose the country of Berryland only produces blueberries and strawberries, purchased by domestic consumers. We have the following data about the price and quantity produced of blueberries (PB, QB) and strawberries (PS, QS). Base year is 2015. Question: Calculate the real GDP growth rate in percentage between 2015 and 2016. Round up to two decimal places. Do not enter letters or symbols. If the nominal interest rate is 10 percent and the inflation rate is 4 percent, then what is the real interest rate? Enter numbers only. Do not enter letters or symbols.
Answer:
The Real GDP Growth Rate = 26.15%
Real Interest Rate = 6%
Explanation:
GDP = Consumption Expenditure + Government Purchases + Investment Expenditure + Net exports ( Exports - Imports)
Consumption Expenditure = Plastic bags + Bread
Consumption Expenditure = $1200 + $500
Consumption Expenditure = $1700
Government Spending = Bread = $300
Investment Expenditure = Final Bread made by bread company + Machines Purchased
Investment Expenditure = $100 + $500
Investment Expenditure = $600
Exports = Wheat Exported = $180
Imports = Imported Peanut Butter by Consumer + Imported Peanut Butter by Government
Imports = $80 + $90
Imports = $170
Net Exports = Exports - Imports
Net Exports = $180 - $170
Net Exports = $10
Total GDP = 1700 + 300 + 600 + 10
Total GDP = $2610
Nominal GDP in 2015 = Price * Quantity
Nominal GDP in 2015 = $2 * 15 + $3.50 * 10
Nominal GDP in 2015 = $30 + $35
Nominal GDP in 2015 = $65
Nominal GDP 2016 = $2.50 * 20 + $4 * 12
Nominal GDP 2016 = $50 + $48
Nominal GDP 2016 = $98
Real GDP 2015 = Nominal GDP 2015 = $65 . This is because 2015 is base year.
Real GDP 2016 = $2 * 20 + $3.50 * 12
Real GDP 2016 = $40 + $42
Real GDP 2016 = $82
The Real GDP Growth Rate = (Real GDP 2016 - Real GDP 2015) / Real GDP 2015 * 100
The Real GDP Growth Rate = (82 - 65) / 65 * 100
The Real GDP Growth Rate = 17/65 * 100
The Real GDP Growth Rate = 0.2615385 * 100
The Real GDP Growth Rate = 26.15%
b. Nominal interest Rate = 10%
Inflation Rate = 4%
Real Interest Rate = Nominal Interest Rate - Inflation Rate
Real Interest Rate = 10% - 4%
Real Interest Rate = 6%
Your coin collection contains 42 1948 silver dollars. If your grandparents purchased them for their face value when they were new, how much will your collection be worth when you retire in 2057, assuming they appreciate at a 8 percent annual rate
Answer:
$184,687.98
Explanation:
assuming that silver dollars were issued in 1948 (actually no silver dollars were produced that year), your grandparents purchased them at $42. From 1948 to 2057 there are 109 years:
future value = present value x (1 + r)ⁿ
present value =$42r = 8%n = 109 yearsfuture value = $42 x 1.08¹⁰⁹ = $184,687.98
ABC company has two classes of stock: A preferred that has a market value of $125 per share and a par value of $100, with a 6% cumulative dividend, 10000 shares issued and outstanding. A common stock that was issued at $20 per share, no par value, 50000 shares issued and outstanding. ABC paid cash dividends of $75000 in 2007, $50,000 in 2008, and $80,000 in 2009. For 2007 indicate how much of the dividend the Preferred shareholders and common shareholders received. In 2007
Answer:
Dividends paid to preferred shareholders in 2007 = $60,000
Dividends paid to common shareholders in 2007 = $15,000
Explanation:
The Dividends paid to preferred shareholders in 2007 = 6% * $100 * 10,000 shares
The Dividends paid to preferred shareholders in 2007 = 0.06*100*10,000
The Dividends paid to preferred shareholders in 2007 = $60,000
Dividends paid to common shareholders in 2007 = Cash dividend paid in 2007 - Dividends paid to preferred shareholders
Dividends paid to common shareholders in 2007 = $75,000 - $60,000
Dividends paid to common shareholders in 2007 = $15,000
On September 1, 2015, Vernon Corporation acquired Barlow Enterprises for a cash payment of $850,000. At the time of purchases, Barlow's balance sheet showed assets of $620,000, liabilities of $240,000, and owner's equity of $420,000. The fair value of Barlow's assets is estimated to be $970,000. Compute the amount of goodwill acquired by Vernon.
Answer:
goodwill = $120,000
Explanation:
the basic formula used to calculate the goodwill of an acquisition is:
goodwill = total consideration paid - fair value of net assets
total consideration paid = $850,000fair value of net assets = fair value of assets - fair value of liabilities = $970,000 - $240,000 = $730,000goodwill = $850,000 - $730,000 = $120,000
The increase in unemployment that occurs during recessions and depressions is called Group of answer choices normal unemployment. cyclical unemployment. frictional unemployment. structural unemployment.
Answer:
cyclical unemployment.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;
I. Cyclical unemployment rate (CU).
II. Frictional unemployment rate (FU).
III. Structural unemployment rate (SU).
IV. Actual unemployment rate (AU).
V. Natural Rate of Unemployment (NU).
A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.
Mathematically, cyclical unemployment rate can be calculated using the formula;
[tex]Cyclical \; unemployment \; rate \; (CU) = Actual \; unemployment \; rate \; (AU) - Natural \;unemployment \; rate \; (NU)[/tex]
Hence, the increase in unemployment that occurs during recessions and depressions is called cyclical unemployment
Assuming that liquidity and interest rate expectations are both important for explaining the shape of a yield curve, what does a flat yield curve indicate about the market’s perception of future interest rates?
Answer:
A flat yield curve indicates that there is perception that there will be little difference in the future short term interest rate and long term interest rate.
Explanation:
Yield curves are used to illustrate yield of a bond over a period of time. It is illustrated graphically in the attached.
It gives an idea of variations in short term and long term rates in the future.
A rising yield curve indicates that investors will get higher yield as time goes on.
However when the grid curve is flattening it means there is no foreseeable increase in yield in the future.
Flattening of yield curve occurs when there is anticipation of slow economic growth.
A flat yield curve indicates that the market believes that there will be little to no change in interest rates in the long run/ future.
The yield curve shows the different interest rates across different time periods by starting from the short term to the long term.
If this curve is flat, it means that long term/ future rates will be the same as short term/ current interest rates which also means that liquidity is expected to remain the same.
In conclusion, this indicates that future rates will be the same as the current.
Find out more about the yield curve at https://brainly.com/question/14564717.
Minor Electric has received a special one-time order for 800 light fixtures (units) at $10 per unit. Minor currently produces and sells 9,000 units at $13.00 each. This level represents 90% of its capacity. Production costs for these units are $8.00 per unit, which includes $6.50 variable cost and $1.50 fixed cost. To produce the special order, a new machine needs to be purchased at a cost of $800 with a zero salvage value. Management expects no other changes in costs as a result of the additional production. Should the company accept the special order
Answer and Explanation:
The computation is shown below;
But before that the net income from special order is
Sales value (800 × $10) $8,000
Less: variable cost (800 × $6.5) -$5,200
Less: fixed cost $800
Net income $2,000
As the net income comes in positive that means the company should accept the special order as the net income would increased by $2,000
Effective capital budgeting for general capital assets of a government requires: Intermediate and long-range capital improvement plans for general capital assets. Nonfinancial information on physical measures and service condition of capital assets of component units. Consideration of how proprietary fund capital projects will be financed. Information about the capital asset needs of a motor pool accounted for as an internal service fund.
Answer:
intermediate and long-range capital improvement plans for general capital assets
Explanation:
Capital budgeting in domain of finance
can be regarded as ways whereby the Value of potential investment project is been analysed and determined.The net present value can be known by finding the difference that exist between the cash flow present value and the present value of cash inflow. It should be noted that Effective capital budgeting for general capital assets of a government requires intermediate and long-range capital improvement plans for general capital assets
Abburi Company's manufacturing overhead is 30% of its total conversion costs. If direct labor is $105,700 and if direct materials are $24,400, the manufacturing overhead is:
Answer:
45,300
Explanation:
The manufacturing overhead is 30%
Direct labour is $105,700
Direct material is $24,400
Therefore the manufacturing overhead can be calculated as follows
The first step is to find the conversion costs
1 -30/100CC= 105,700
1-0.3CC= 105,700
0.7CC= 105,700
CC= 105,700/0.7
CC= 151,000
= 151,000-105,700
= 45,300
Hence the manufacturing overhead is 45,300
What is the difference between holistic case study and embedded case study, provide a simple example?
Answer:
A holistic case is one where the case is the unit of analysis; an embedded one is where there are several units of analysis in the case. For example, a case could be about a school and its response to a new demographic trend or government edict, in which case it would be holistic.
Explanation:
I looked it up lol