Answer:
$1,330,102.50
Explanation:
first unit produced by lambda took 5,000 hours to produce and required $250,000 worth of material, equipment usage, and supplies
the second unit took 3,250 hours and used $187,500 worth of materials, equipment usage, and supplies
learning rate = time needed to produce second unit / time needed to produce first unit = 3,250 hours / 5,000 hours = 65%
materials and equipment usage rate = $187,500 / $250,000 = 75%
using the attached table of cumulative values, we can determine the cumulative improvement factors needed to solve this question:
Lambda's accumulated cost for producing 10 more computers
-
work hours = 3,250 x 4.341 (65% and 10 units) x $20 per hour = $282,165
- materials and equipment = $187,500 x 5.589 (75% and 10 units) = $1,047,937.50
- total = $282,165 + $1,047,937.50 = $1,330,102.50
Answer:
$26.50
Explanation:
The computation of the predetermined overhead rate is shown below:
= Variable overhead rate + fixed overhead rate
where,
Variable overhead rate is $8.30
And, the fixed overhead rate is
= $145,600 ÷ 8,000 direct labor hours
= $18.2
So, the predetermined overhead rate is
= $8.30+ $18.2
= $26.50
We simply added the available overhead rate and the fixed overhead rate so that the predetermined overhead rate could arrive
Answer:
FDI
Explanation:
Foreign direct investment (FDI) is an investment from a party in one country into a business or corporation in another country with the intention of establishing a lasting interest. Lasting interest differentiates FDI from foreign portfolio investments, where investors passively hold securities from a foreign country. A foreign direct investment can be made by obtaining a lasting interest or by expanding one’s business into a foreign country.
Answer: $337,869.73
Explanation:
Find out the future value of $1,000 given an interest rate of 7.1%. If this amount is less than the future value of $210,000, the difference is added to the final payment to come up with the balloon payment.
The APR needs to be made periodic:
= 7.1% / 12
The $1,000 payment is an annuity so this can be calculated as:
= Annuity * ( ( 1 + rate) ^ number of periods - 1) / rate
= 1,000 * ( ( 1 + 7.1/ 12%) ²⁴⁰ - 1) / 7.1/12%
= $527,297.83
Future value of $210,000
= 210,000 * ( 1 + 7.1/ 12%) ²⁴⁰
= $865,167.56
Balloon payment will be:
= 865,167.56 - 527,297.83
= $337,869.73
Answer:
True
Explanation:
In simple words, the hospitality and tourism industry refers to the activities related to accommodation, restaurant and tourism etc. In such industries the main focus of the companies is the comfort and joy of their clients. This becomes difficult to implement as every individual have different needs and circumstances. Thus, the planning of activities should be made in such a way that it suited the global audience.