Answer: The total manufacturing cost variance is made up of direct material cost variance, direct labor cost variance and factory overhead cost variance. (Option C).
Explanation:
Some of the goals of manufacturing companies are to increase company’s revenue and profit. To achieve this, a company needs to know how to manage its costs and these may cause variances in manufacturing.
The total manufacturing cost variance is made up of direct material cost variance, direct labor cost variance and factory overhead cost variance. These costs are the differences between the actual cost incurred and the set cost. These variances help managers to know if the company is meeting up to the required standard.
Answer:
The price of the bonds is $ 1,276.
Explanation:
The value of bond or issue price can be calculated by discounting all future cash flow using effective rate of retun. Detail calculations are given below.
Future Value = Redemption present value (RPV) + Present value of interest (PVI)
RPV = 1,000 (1+5%)^-15 = $ 481 -A
PVI = 36.25 * Annuity factor =$ 759 -B
Future Value = A + B = $ 1,276
Annuity factor = (1- (1+i%)^-n)/i% = (1- (1+5%/2)^-30)/(5%/2) = 20.9303
Answer:
<em>A(n) </em><em><u>aspirational</u></em><em><u> </u></em><em><u>vision</u></em><em> can help employees feel that they are doing something worthwhile and are part of something important and meaningful</em>
Explanation:
<em>What</em><em> is</em><em> </em><em>aspirational</em><em> vision</em><em>?</em>
<em>Vision Statement</em><em>.</em><em> </em><em>An </em><em>organization</em><em> </em><em>would </em><em>like </em><em>to </em><em>achieve</em><em> </em><em>or </em><em>accomplished</em><em> </em><em>in </em><em>the </em><em>mid</em><em>-</em><em>term </em><em>or </em><em>long </em><em>term</em><em> </em><em>future</em><em>.</em><em> </em><em>It </em><em>is </em><em>in</em><em>t</em><em>e</em><em>nded</em><em> </em><em>to </em><em>serves </em><em>as </em><em>as </em><em>clear </em><em>guide </em><em>for </em><em>choosing</em><em> </em><em>current</em><em> </em><em>and </em><em>future</em><em> </em><em>courses </em><em>of </em><em>action.</em>
Answer:
a. In response to concerns from business leaders, a legislator has designed a new tariff on raw materials used by many manufacturing firms. The legislator felt the new tariff was necessary based on input from the private sector that new discoveries of natural resources abroad would threaten to put domestic producers of raw materials out of business. To meet this goal, this tariff will charge $1,500 on every crate of the imported goods plus an additional 6% of the total value of the imported goods.
- protective tariff since it is designed to protect domestic industries from competition of out of state producers. It is designed to increase the price of imported goods.
b. In an effort to balance next year's budget, a senator has proposed a new tariff. She proposed the new tariff with a goal of raising a total of $100 million, To meet this goal, this tariff will charge $2,000 on every ton that is imported.
- revenue tariff since its main purpose is to increase government revenue, not to protect domestic industries.
Answer:
a. 10.8%
b. 6.32%
c. 4.5%
Explanation:
a. Required return= (Expected dividend payment/current stock price) + dividend growth rate
Required return= (2.34/37)+0.045
Required return= 0.108 ⇒ 10.8%
b. Dividend yield= dividend per share / price per share
Dividend yield= 2.34/37= 0.0632 ⇒ 6.32%
c. The capital gains yield refers to the rise in the price of the stock. In this case, the statement indicates that the dividends are anticipated to maintain a growth rate of 4.5 percent forever and according to the definition of capital gains yield that would be the answer for the expected capital gains yield.
