Answer:
the budgeted direct labor cost is $441,000
Explanation:
The computation of the budgeted direct labor cost is shown below:
Budgeted direct labor cost
= Budgeted production × hours per unit × rate per hour
= 28,000 units × 1.5 × $10.50
= $441,000
Hence, the budgeted direct labor cost is $441,000
So the correct option is B.
<span>The best explanation for Khalil's improved performance when he was taking the herbal medicine is the Placebo Effect. Sugar and basil leaves in the amount that a medicine dose contains would not have any significant effect on Khalil's performance, but the placebo effect can cause someone to see improvements from a placebo (a treatment with no active effect) simply because they expect to see improvements. Since Khalil expected improvements from taking the medicine, he might have perceived improvements from the placebo effect even though the medicine had no real effect.</span>
Answer:
the project's MIRR is 13.50 %.
Explanation:
MODIFIED INTERNAL RATE OF RETURN (MIRR)
-It is the rate that causes the Present Value of the Terminal Value (Future Cash flows at the end of the Project) to equal Present Value of Cash outflows.
-MIRR assumes a reinvestment rate at the end of the project
The First Step is to Calculate the Terminal Value at end of year 3.
Terminal Value (FV) = Sum of (PV x (1 + r) ^ 3 - n)
= $350 x (1.11) ^ 2 + $350 x (1.11) ^ 1 + $350 x (1.11) ^ 0
= $431.24 + $388.50 + $350.00
= $1,169.74
The Next Step is to Calculate the MIRR using a Financial Calculator :
(-$800) CFj
0 CFj
0 CFj
$1,169.74 CFj
Shift IRR/Yr 113.50 %
Therefore, the MIRR is 13.50 %
Well it is a toy manfacturing company and the intermediate good would be a toy plane
