Answer:
64,313.74 ; 95,559.38 ; 47,283.11
Explanation:
by definition the present value of an annuity is given by:
where 
is the present value of the annuity, 
is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:
1. P=8,200, n=25, i=12%
2. P=8,200, n=25, i=7%
3. P=8,200, n=25, i=17%
Answer: D. $6,000
Explanation:
Given the following :
Activity cost pool
- - - - - - - - - - - - - - - - - - Machining Order Filling Other
Equipment depreciation 0.40 - - - - - 0.10 - - 0.50
Supervisory expense - - 0.20 - - - - - 0.30 - - 0.50
First stage allocation:
Overhead cost
Equipment depreciation - $51,000
Supervisory expense - $3000
Order filling:
Equipment depreciation - $51,000 × 0.1 = $5100
Supervisory expense - $3000 × 0.3 = $900
Total overhead - $( 5100 + 900) = $6,000
Answer:
1a. 3,000 units
1b. $1,050,000
2. See attachment.
3. contribution margin income statement
Sales ($350 × 7,000 units) $2,450,000
Less Variable Cost ($245 × 7,000 units)) ($1,715,000)
Contribution $735,000
Less Fixed Costs ( $315,000)
Operating Profit $420,000
Explanation:
Break-even point (sales units ) = Fixed Cost ÷ Contribution per unit
= $315,000 ÷ ($350 - $245)
= 3,000
Break-even point (sales dollars) = Fixed Cost ÷ Contribution Margin Ratio
= $315,000 ÷ ($105/$350)
= $1,050,000
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Coronado Industries made three purchases of merchandise in the following sequence:
(1) 500 units at $6= $3,000
(2) 600 units at $7= $4,200
(3) 700 units at $9= $6,300
Average cost= total cost/ total units= $13,500/1800= $7.5
Inventory= 400 units*7.5= $3,000
Answer:
Sales $869,000
Cost of goods sold 480,000
Gross profit 389,000
Direct expenses 268,000
Common expenses 123,000
Total expenses 391,000
Net loss $(2,000)
Net loss reduces to $2,000 from $28,000.
There is a benefit of $26,000 gained through increased sales.
