Answer:
(a) First-shift supervisor’s salary --Facility-Level.
(b) Powdered raw plastic - Unit Level
(c) Dies for casting plastic components - Product Unit
(d) Depreciation on injection molding - Unit Level
machines.
(e) Changing dies on machines - Batch - Level
(f ) Moving components to assembly
department - Batch Level
(g) Engineering design - Product Level
(h) Employee health and medical insurance coverage - Facility Level
Answer:
For the 1St question,
Total variable costs increase with increased production or sales volumes. Fixed costs are not influenced by fluctuations in production or sales volumes.
For the 2nd question,
Understanding whether a cost behaves as a variable or a fixed cost is essential to estimating and planning for business success.
Explanation:
The main difference between the fixed and variable cost is the way it is affected by the production capacity. Variable cost increases as more u it's are produced while.fixed cost remains constant as it is not related with units.
Moreover, Understanding and differentiating fixed and variable costs are important to categorize costs correctly for accounting purposes and to decide what sort of strategies must be implemented.
Answer:
The cash used by investing activity is $136,000.00 as shown in the workings below.
Explanation:
The cash provided by or used by investing activities can be computed thus:
Plant sold $66,000
Investments ($55,000)
Plant assets (<u>$147,000)</u>
Cash used by investing activities ($136,000)
The cash used by investing activities is $136,000 as shown above.
The outflow of $78000 for the purchase of treasury stock relates to financing.
The inflow of $523000 for new share issue is also a financing activity.
The financing activities are transactions relating to the providers of finance, that is the shareholders and debt-holders
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Answer:
22
Explanation:
Calculation to determine the maximum number of whole payments that can be withdrawn
Based on the information given we would be using financial calculator to determine the maximum number of whole payments that can be withdrawn which represent N
PV -$375,000
PMT $35,000
I 7.50% Annual rate
FV $0
N ?
Hence;
N=22
Therefore the maximum number of whole payment that can be withdrawn will be 22
Answer:
$15960.94 is the amount I will have in my account after 17 years.
Explanation:
Firstly we are given the present value of the investment that we will be saving so it will be $7250. we are further given that this investment will be saved during a period of 17 years at different rates through the 17 years so we are looking for the future value after 17 years therefore we will use the future value investment formula as just only one amount is invested.
The future value formula = 
where Fv is the future value of the investment after 17 years,
Pv is the invested amount initially $7250
i is the interest rate which here it is 4% for the first 5 years, then 4.6% after for 4 years, thereafter 5.3% for the remaining 8 years so we will.
n is the number of years of the investment as per their given interest rates, substitute these values to the above mentioned formula:
Fv= $7250((1+4%)^5) ((1+4.6%)^4)( (1+5.3%)^8) then compute on a calculator
Fv = $15960.938 then we round off to two decimal places
Fv = $15960.94 which will be the amount that will be saved after 17 years .
