Answer:
b) 168,000 direct labor hours
Explanation:
The computation of the actual level of activity achieved is shown below:
= (Total budgeted manufacturing cost - budgeted monthly manufacturing overhead cost) ÷ (Rate per direct labor hour)
= ($1,044,000 - $540,000) ÷ ($3)
= $504,000 ÷ $3
= 168,000 direct labor hours
Simply we deduct the budgeted monthly manufacturing overhead cost from the total budgeted manufacturing cost and then divide it by the rate per direct labor hour so that the accurate direct labor hours could be computed
Answer:
<u>$485,000</u>
Explanation:
Initial cost of home= $270,000+$45,000= $315,000.
Recognized gain= $800,000 - $315,000 = $485,000.
Remember, it was mentioned that Abigail and Darcy immediately purchased another home for $800,000. Very likely this money was derived from the first and only home they ever sold.
Therefore, their recognized gain after substracting the cost is $485,000.
The probability of default is zero.
Answer: Option 1.
<u>Explanation:</u>
Yield to maturity (YTM) = [(Face value/Present value)1/Time period]-1. On the off chance that the YTM is not exactly the security's coupon rate, at that point the market estimation of the security is more prominent than standard worth ( premium security).
In the event that a bond's coupon rate is not as much as its YTM, at that point the bond is selling at a rebate or it is being sold at a discount rate.
Answer:
Explanation:
this question can be solved by applying the concept of present value:
where FV is future value, PV is the present value, i is the periodic interest rate and n is the number of periods. the key here is to make a good counting of the different periods of time, for example if the first payment on December 31,2024 is calculated on Januari 1,2021 there will be 3 years for discounting proccess so:
