If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.
<h3 /><h3>Total cost</h3>
Using this formula
Total cost = Variable cost + Fixed cost
Where:
Variable cost=(1200×$0.35)=$420
Fixed cost=$10,000
Let plug in the formula
Total cost = (1200×$0.35) +$10,000
Total cost=$420+$10,000
Total cost=$10,420
Inconclusion If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.
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Answer:
YTC = 8.3%
Explanation:
you should calculate the yield to call (YTC)
YTC = {coupon + [(call value - market value)/n]} / [(call value + market value)/2]
but we first need to calculate the market value:
PV of face value = $1,000 / (1 + 6.5%)¹⁰ = $532.73
PV of coupons = $60 x 7.18883 (PV annuity factor, 6.5%, 10 periods) = $431.33
market price = $532.73 + $431.33 = $964.06
YTC = {60 + [(1,060 - 964.06)/4]} / [(1,060 + 964.06)/2] = 83.985 / 1,012.03 = 8.3%
The four primary functions of managers are planning, organizing, leading, and controlling. By using the four functions, managers work to increase the efficiency and effectiveness of their employees, processes, projects, and organizations as a whole.
