Answer:
<em>We must drive 8,553 miles to pay off the extra cost of the diesel engine</em>
Explanation:
Let's use simple logic and put the numbers in it to solve this problem. Each gallon of diesel fuel gives us 32 miles and each gallon of gasoline gives us 23 miles. On the other side, each gallon of diesel costs $3.54. That means to get 32 miles we have to spend $3.54, thus each mile costs $3.54/32=$0.11 when using diesel.
Each gallon of gasoline costs $3.69, it means each mile costs $3.69/23=$0.16 when using gasoline. The difference
$0.16-$0.11=$0.05 are the savings per mile when using diesel instead of gasoline. Since the diesel engine is $427.65 more expensive than the gasoline engine, we must drive $427,65/0.05=8,553 miles to pay off the extra cost of the diesel engine.
Answer:
a. The cutoff value for investigation if the controller’s rule of thumb is to investigate all variances equal to or greater than 6 percent of standard cost is $2,280.
b.The month that will have their direct-labor efficiency variance investigated will be the month of since june variance is 2,400 and hence is above $2,280.
Explanation:
According to the given data, the standard direct-labor cost during each of these months was $38,000, therefore, in order to calculate the cutoff value for investigation, we would have make the following calculation:
Cutoff value for investigation =6% of Standard cost =$38,000 *6% =$2,280
The month that will have their direct-labor efficiency variance investigated will be the month of since june variance is 2,400 and hence is above $2,280.
Answer:
b. Face value plus unamortized premium
Explanation:
When bonds are sold for more than their face value, such bonds are to be sold on <em>premium. </em>Mean that the in addition to the face value, an unamortized premium has been paid.
Such cases arises when the coupon payments made by bond are greater than the market rates.
Example: Let's say Samsung issues bonds at<u> 1</u><u><em>0% coupon rate for 5 years</em></u> bond while the market rate for the same <em><u>5 year bond is 8%</u></em>. The Samsung is said to have sold the bond on <u>premium.</u>
What do you need help with? Just make sure to plan your answers out ahead of time and practice with someone so you’re not too nervous and don’t mess up. Good luck
Answer:
1.You’re unrealistic. We all want to be able to have unlimited amounts of money.
2. You think budgeting is too complicated. Don’t be scared. Budgets are fun!
Explanation:
Strategy: Take it slow and go with the flow don't get so excited about the fact of making money.
