According to budgeted cost data total estimated bill is $6858
Budgeted cost per labor hour 35 = 259000/7400
+Profit margin 39
Labor rate 74 per hour
Material loading charges 17.5% = 68600/392000
+Profit on parts 27%
Material loading percent 44.5%
Labor charges 2812 = 38×74
Materials parts 2800
Material loading charges 1246 = 2800×44.5%
Total estimated bill 6858
Budgeted cost data- Budgeted costs are anticipated future costs that the company anticipates racking up in the future. In other words, based on anticipated revenues and sales, it is an estimated expense that management anticipates will be incurred in a future period.
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Answer:
Federal Reserve will require Stephen to pay $7,280 in cash for this purchase
Explanation:
There is a legal requirement from the federal that for an investor to deposit 50% cash of the purchase of shares / securities value in the margin account. It is called the margin requirement.
Purchase Value = Number of shares x Price per share
Purchase Value = 700 shares x 20.8
Purchase Value = $14,560
Inityial Margin Requirement = $14,560 x 50% = $7,280
Answer:
b. False
Explanation:
In a competitive environment, pricing strategy is one of the strategies to ensure efficiency and profitability. But lowering of prices at the expense of deterioration in the quality of product offerings cannot be a recommended strategy.
The four competitive strategies specified by Michael Porter are namely, Cost Leadership, Differentiation, Cost Focus and Differentiation focus.
Under Cost leadership, a firm strives to offer it's products at the lowest cost and be the cost leader in an industry.
Differentiation refers to adding unique attributes and values to the products which differentiates such products from those of the competitors.
Cost focus refers to cost leadership when targeted at a particular marketing segment and similarly, differentiation focus is differentiation when applied to a specific marketing segment.
A firm cannot focus at price at the expense of quality of it's offerings. Thus, keeping prices down isn't all which matters.
Answer:
C) This company should go through the qualification process in order to register.
Explanation:
Since this company will only offer its new shares in one state, then it can avoid the registration processes related to the federal level (Uniform Securities Act). The state level registration process is the qualification process. So this is the only process the company must follow and it will avoid the coordination process and the notice filing.
Answer:
The correct answer is letter "A": Agency Problem.
Explanation:
An Agency Problem occurs when a conflict of interest arises for an agent, a person acting on behalf of another person. The conflict of interest arises when the agent's own interests are different from those of the principal or the person being acted for. In the corporate world, the <em>Chief Executive Officer</em> (CEO) is an agent acting for the owners of the company: the <em>stockholders</em>.