Answer:
Inventory= $238,000
Explanation:
Giving the following information:
Direct materials, $7 per unit
Direct labor, $5 per unit
Variable overhead, $6 per unit
Fixed overhead, $270,000.
The company produced 27,000 units, and sold 18,500 units, leaving 8,500 units in inventory at year-end.
Unitary fixed overhead= 270,000/27,000= $10 per unit
Total unitary cost= 7+5+6+10= $28
Inventory= 28*8500= $238,000
The answers are as follows:
7. Retire from full time work.
A 401K account is a retirement saving account that is sponsored by one's employer. This type of account allow a worker to save a portion of its salary to invest before tax are deducted from the salary. Tax are only paid on the money when they are withdrawn from the account.
8. Keep your focus on the most important goal.
Prioritizing is the process of arranging the things we need to accomplish in the order of their importance and then executing them according to their importance. Prioritizing helps one to focus one's energy on the most important thing.
9. A guess or estimate of what something will be like in the future.
Projection is an important tool in business and in personal life. Projection involves using the events that are happening now to predict what is going to happen in the future about a particular thing. Projection helps one to prepare for the happenings of the future.
10. Reserve.
Reserve refers to the amount of money you have set aside for use in case of emergency. Emergency happens at all time, at such times, it will be best to have a certain amount of money in place to cater for such emergencies. This type of money is called reserve.
11. Increase your income by working more and decrease your expenses.
An income refers to the amount of money you are paid on a regular basis because of the services your render, while expenses refers to the amount of money you spend on your needs. In order to be able to save enough money, you have to increase your income and decrease your expenses.
12. Wages is an earned income.
An earned income refers to an income which you work for, that is, you render particular services before the money is paid to you. Wages refers to the money that are paid to workers either on daily basis or on weekly basis, therefore, wages is an earned income.
13. Gift is an unearned income.
An unearned income refers to an income which you did not work for but which is given to you by some else. Financial gifts are unearned income because, the gift is not given to you as a result of the services you render.
14. Investment income is an unearned income.
The profits that one derives from investments are considered to be unearned income because one personal efforts is not involved in making the profits.
15. Salary is an earned income.
Salary refers to the money that a worker is paid on a monthly basis as a result of the services which he or she renders. Salary, is thus an earned income, because one's efforts is involved in making the money.
Answer:
Negligence
Explanation:
The concept of negligence says that there was an acceptable standard of normal behavior (driving safely) and someone's actions were <u>below that standard</u> (did not drive safely).
Answer:
Firm value in millions 1,605 (one thousand six houndred five milllions)
Explanation:
To evaluate a firm based on the free cash flow we do a procedure similar to gordon dividend grow model
We are going to replace dividend for the free cash flow
and the return for the WACC
notice we are given with the current FCF and for the gordon model we require dividend for the next year. (time=1)
here we need the same
FCF x (1+g) = 120 x (1 + 0.07) = 128.4
WACC .15
grow 0.07
Firm value in millions 1,605 (one thousand six houndred five milllions)
None of the above because those are all sorta bad but that’s me tho
