Answer:
Market price = $2,464.21
Explanation:
coupon rate = 5.86% / 2 = 2.93%
YTM = 4.3% / 2 = 2.15%
face value = $2,000
periods to maturity = 24 x 2 = 48
Present value of face value = $2,000 / (1 + 2.15%)⁴⁸ = $720.42
Present value of coupon payments = $58.60 x {[1 - 1/(1 + 0.0215)⁴⁸ ] / 0.0215} = $1,743.79
Market price = $2,464.21
Answer: 62.5%
Explanation:
Equivalent units = Units completed and transferred out + percentage completed of ending inventory
14,800 = (1,100 + 14,000 - 800) + Percentage
14,800 = 14,300 + Percentage amount completed
Percentage amount completed = 14,800 - 14,300
Percentage amount completed = 500 units
Percentage = Ending equivalent units / ending inventory
= (500/800) * 100
= 62.5%
Answer:
A subcontractor is a company or person who is hired by a general contractor (or prime contractor, or main contractor) to perform a specific task as part of the overall project and is normally paid for services provided to the project by the originating general contractor.
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Answer:
im not 100% but think this is right
Explanation:
the author is making a claim of fact, because he is claiming that provides no economic benefits. im not sure about the second part
Answer:
Total period cost under variable costing $60,000
Explanation:
The computation of the total period cost under variable costing is shown below:
Variable selling and administrative expenses (880 units × $15) $13,200
Add: Fixed selling and administrative expenses $21,120
Add: Fixed manufacturing overhead $25,680
Total period cost under variable costing $60,000
