Answer:
A major part of your life is your vocation. This is your career or even your business. Fulfillment in your vocation can contribute to leading a satisfying and successful life. Factors involved in having a satisfying vocation are that you should have a purpose, help others and be concerned about future generations
Answer:
$750 favorable ; $200 unfavorable
Explanation:
The computations are shown below:
For fixed overhead budget variance:
= Budgeted fixed overhead - actual fixed overhead
= $47,420 - $46,670
= $750 favorable
For fixed overhead volume variance:
= Budgeted fixed overhead - standard fixed overhead cost allocated to production
= $47,420 - $47,220
= $200 unfavorable
Hence we consider all the given information
Answer:
e. 14.20%
Explanation:
We use the formula:
A=P(1+r/100)^n
where
A=future value
P=present value
r=rate of interest
n=time period.
Hence
A=$450(1.1)^2+$450(1.1)^1+$450
=$450[(1.1)^2+(1.1)+1]
=$1489.50
Hence
MIRR=[Future value of inflows/Present value of outflows]^(1/time period)-1
=[1489.5/1000]^(1/3)-1
=14.20%(Approx)
Answer:
D) generates the highest contribution margin per stamping machine hour
Explanation:
Since the stamping machine is Kinsi's constrained resource, or bottleneck resource, in order to maximize its profit, the company should manufacture the products that maximize the utility of the stamping machine. The product that maximize the utility are the one that have the highest contribution margin. Therefore Kinsi must produce the products that have the highest contribution margin per stamping machine hour.
Answer and Explanation:
The computation of the equivalent units of production for both materials and conversion costs is given below:
For material
= Units completed + ending work in process × completion percentage
= 7,700 + 2,100 × 0.75
= 9,275 units
And, for conversion cost
= Units completed + ending work in process × completion percentage
= 7,700 + 2,100 × 0.25
= 8,225 units
