Answer:
Incomplete question
Complete question:
An aircraft factory manufactures airplane engines. The unite cost C ( the cost in dollars to make each airplane engine) depends on the number of engines made. If x is the number of engines made, then the unit cost is given by the function C(x)=0.8x^2-160x+26848. What is the minimum unit cost? not rounded
Answer: $18848
Explanation:
Since we have the function
C(x) = 0.8x²-160x+26,848
Firstly, we differentiate
C'(x) = 1.6x - 160
The minimum cost will occur where x = 100.
The vertex of a parabola (quadratic equation) occurs where X = -b/2a, in this case we have that
X = 160/(2×0.8) = 100
Therefore, we substitute x = 100 into the original equation
We have that
C(x) = 0.8(100)²-160(100)+26848
C(x) = 8000-16000+26848
C(x) = $18848
Answer:
C) variable costs of $72,000 and $25,000 of fixed costs
Explanation:
To determine the flexible budget we must first calculate the variable costs of producing 8,000 units:
direct labor per unit = $40,000 / 5,000 units = $8 per unit
electric power per unit = $5,000 / 5,000 units = $1 per unit
total variable cost per unit = $8 + $1 = $9
Total variable costs for 8,000 units = 8,000 units x $9 per unit = $72,000
Total fixed costs = $25,000
Answer:
Consider the following explanation
Explanation:
If these error are nit corrected, the income before taxes be overstated by $ 35,000
.
As, Overstatement of Ending Inventory will affect the gross profit (Increase) by $ 25,000 and then understatement of Depreciation will further increase Net Profit by $ 10,000
Answer:
The price of the bond will be $879
Explanation:
Price of the bond is the present value of all cash flows of the bond. Price of the bond is calculated by following formula:
According to given data
Coupon payment = C = $1,000 x 6.2 = $62 annually = $31 semiannually
Number of periods = n = 2 x 8 years = 16 periods
Current Yield = r = 8.3% / 2 = 4.15% semiannually
Price of the Bond = $31 x [ ( 1 - ( 1 + 4.15% )^-16 ) / 4.15% ] + [ $1,000 / ( 1 + 4.15% )^16 ]
Price of the Bond = $31 x [ ( 1 - ( 1 + 0.0415)^-16 ) / 0.0415 ] + [ $1,000 / ( 1 + 0.0415 )^16 ]
Price of the Bond = $31 x [ ( 1 - ( 1.0415)^-16 ) / 0.0415 ] + [ $1,000 / ( 1.0415 )^16 ]
Price of the Bond = $521.74 + $357.26 = $879
Some of the advantages of sole proprietorship
1. efficient decision making, by owner only
2. easy to set up, minimal cost, minimal fuss
3. low fixed cost (overhead), could be a home-office
I might have missed others, you could figure them out from the options
