Answer:
Cost to make $337,600
Cost to make $344,400
The company should make the product
Explanation:
Calculation to determine the total incremental cost of making 84,000 and buying 84,000 units
COST TO MAKE
Relevant per unit Relevant fixed cost Total relevant cost
Variable cost per unit $2.90 - $243,600(84000*$2.90)
Fixed manufacturing costs - $94,000 $94,000
Cost to make $337,600
($243,600+$94,000)
COST TO BUY
Relevant per unit Relevant fixed cost Total relevant cost
purchase per unit $4.10 - $344,400[$4.10*84000]
Cost to make $344,400
Based on the above calculation the cost of buying is higher than the cost of making therefore the company should MAKE the product.
Answer:
$8,318,333
Explanation:
The computation of the weighted average accumulated expenditure is shown below:
Date Amount Capitalization period Weighted Average Accumulated Expenditures
Mar 1 $6,300,000 10 months $5,250,000 ($6,300,000 × 10 months ÷ 12 months)
Jun 1 $5,260,000 7 months $3,068,333.33 ($5,260,000 × 7 months ÷ 12 months)
Dec 31 $8,450,000 0 months $0
Total $8,318,333
We simply multiplied the amount with the capitalization period so that the weighted average accumulated expenditure could come
Answer:
I. grace period during which payments are not due
II. based on student need
Explanation:
Stafford loan is a student loan that is given to students of accredited colleges to cover tuition and it is guaranteed buy the government. These loan can be subsidized or unsubsidized. The subsidized loans are the ones in which the interest is paid by the government when student in enrolled in the program and during a grace period and it is given to students with financial needs. In the unsubsidized loan, the student is responsible for all the interests generated.
The most straightforward way to calculate effective tax rate is to divide the income tax expenses by the income earned before taxes. For example, if a company earned $100,000 and paid $25,000 in taxes, the effective tax rate<span> is equal to 25,000 / 100,000 or 0.25.
I hope my answer has come to your help. God bless and have a nice day ahead!
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Answer:
c. $1,300 gain
Explanation:
In this scenario, Susan recognized a $1,300 gain on this sale. This is because Susan originally purchased the stock for a total price of $6,000. When she sold the stock, she sold it for a higher price than what she originally paid for it therefore recognizing a gain. To calculate this gain we simply subtract her initial purchase price from her selling price of the stock which would give us a $1,300 gain.
$7,300 - $6,000 = $1,300
