Answer:
a. $142,500
b. $86,250
Explanation:
a. The computation of the total direct manufacturing cost is shown below:
= (Direct material per unit + direct labor per unit) × number of units manufactured
= ($7.20 + $4.20) × 12,500 units
= $142,500
b. The computation of the total indirect manufacturing cost is shown below:
= (Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit) × number of units manufactured
= ($1.70 + $5.20) × 12,500 units
= $86,250
Answer:
The target selling price =$45
Explanation:
The target selling price is the sum of the total unit cost plus 25% of the the unit cost
The target selling price = Total per unit cost + (25% × total unit cost)
The total unit cost is the sum of all the costs involved making the product available to the consumer.
The sum of direct material cost , labour cost variable manufacturing, fixed manufacturing overhead, variable selling and administrative expenses and fixed selling and administrative expenses.
The target selling price would be determined using te steps below:
Step 1: Calculate the unit cost
Total unit cost = 10 + 4 + 3 + 10 + 1 + 8 = 36
Total unit cost = $36
Step 2: Calculate the target selling price
Target selling price = Unit cost + (25%× unit cost)
The target selling price = 36 + (25% × 36) = $45
The target selling price =$45
Answer:
A) Net income $110,000
Rodgers Winter
Salary allowance $25,000 $30,000
interest allowance $7,200 $10,800
(12% of capital)
<u>split renaming income $18,500 $18,500 </u>
net income $50,700 $59,300
B) Net income $65,000
Rodgers Winter
Salary allowance $25,000 $30,000
interest allowance $4,000 $6,000
(40% of remaining income
<u>to Rodgers and 60% to Winter) </u>
net income $29,000 $36,000
Answer:
yield of maturity =3.60 %
Explanation:
given data
face value FV = $1000
coupon rate r = 4.5%
no of compounding peryear = 2
time period t = 30 year
solution
first we get here interest per period that is PMT
PMT = FV × r ÷ 2
PMT = 1000 × 4.5% ÷ 2 = 23
now we get here bond value that is
bond value = 1000 × (116 + 
)%
bond value = 1163.75
and
number of compound period till the maturity will be NPER
NPER = no of compounding peryear × time period
NPER = 30 × 2 = 60
so now we get here yield of maturity by excel formula that is
yield of maturity = RATE(NPER,PMT,-PV,FV) × 2
yield of maturity = RATE(60,22.5,-1163.75,1000) × 2
yield of maturity =3.60 %
Answer:
Company X
Explanation:
It seems company X made more purchase for PPE
<u>Investing activities refers to the purchase of long-term assets or investment</u>
Considering Company X used 200,000 cash for investing activities
while Company Y used 100,000 cash for investment activities.
We can assume Company X made more purchase of PPE
However, company Y could made purchase without cash (issued of shares, or signing a note) Which will not use cash.
