Fink Insurance collected premiums of $17,900,000 from its customers during the current year. The adjusted balance in the Deferre
1 answer:
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Answer:
$0.54
Explanation:
Given: Fixed manufacturing overhead = $2500000.
Total number of unit= 2600000.
The variable manufacturing costs= $1.50 per unit.
First finding the cost per unit of manufacturing overhead.
Cost per unit of manufacturing overhead=
⇒ Cost per unit of manufacturing overhead=
∴ Cost per unit of manufacturing overhead= $0.96154
Next finding the cost per units using absorption costing.
Cost per unit= ⇒ Cost per unit=
∴ Cost per unit=
Hence, $0.54 is the cost per unit using absorption costing.
Answer:
The answer is c.8%.
Explanation:
The internal rate of return is the rate of an investment where the cash outlay and the actual value of the cash flows are the same, so the return is eqaul to zero. The actual value of the cash flow are calculated: annual cash flow multiplied by an annuity of $1 at a selected interest. So, the result has to be equal to the outlay (208,240). In this case, x is the annuity.
The annuity of 5.206 is obtained with the interest of 8%.