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3 years ago

The manufacturing cost of Calico Industries for three months of the year are provided below:

Business

1 answer:

Delvig [45]3 years ago

4 0

Answer:

b. $0.40 per unit and $8,000

Explanation:

High low method separates the fixed cost and variable cost using net of Highest activity level and Lowest activity level and net of their relevant costs.

According to High low method

Variable cost per unit = ( Highest activity cost - Lowest activity cost ) / ( Highest Activity - Lowest activity )

Variable cost per unit = ( $120,000 - $74,000 ) / ( 280,000 - 165,000 )

Variable cost per unit = $46,000 / 115,000

Variable cost per unit = $0.4

Fixed operating cost = Total cost - Total Variable cost = $120,000 - ( 280,000 x $0.4 ) = $8,000

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What is the difference between entrepreneurial and bureaucratic organizations?

Airida [17]

Entrepreneurs work by themselves and bureau is working with an organization

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3 years ago

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Describe how you would transition to another career of your choice. Be sure to includes reference to how

Bezzdna [24]

<h2>My suggestion is to read the job description which you want to apply and compare the present responsibilities and edit the resume as needed.</h2>

Explanation:

To list out the responsibilities the following might be helpful:

Make the building disease free by mopping, vacuuming, sweeping
Take the best care to fill restrooms and bathrooms for the personal care of the employees and customer
Protects the building by cleaning up trash on time
Bring business by doing duties on time

To list out the skill and attitude:

Cautious about cleanliness
Perfect in nature
Adapt to change
Protection is my ultimate goal

6 0

3 years ago

Assume that the price of a European call expiring in six-month with a strike price of $30 is $2. Suppose that the underlying sto

Komok [63]

Answer:

correct option is c. $2.51

Explanation:

given data

strike price of $30 = $2

underlying stock price = $29

dividend = $0.50

risk-free rate = 10%

solution

we use here pit call parity that is

c - p = s - k $e^{-rt}$ -D .....................1

S is current price and c is call premium and r is rate and t is time

so price of put p will be

p = c-s + k $e^{-rt}$ + D

put here value and we get

p = 2 -29 + 30 $e^{-0.1*0.5}$ + 0.5 $e^{-0.1*2/12}$ + 0.5 $e^{-0.1*5/12}$

p = 2.508

p = $2.51

so correct option is c. $2.51

8 0

3 years ago

BUS 320 Cal Lury owes $21,000 now. A lender will carry the debt for five more years at 6 percent interest. That is, in this part

Ipatiy [6.2K]

Answer:

$3,753.59

Explanation:

Value of debt at end of 5 years = $21,000 * (1 + 6%)^5

Value of debt at end of 5 years = $21,000 * 1.3382255776

Value of debt at end of 5 years = $28102.7371296

Value of debt at end of 5 years = $28,102.74

Let x be the annual payments:

x*[1 - (1 + 9%)^-13] / 9% = $28,102.74

x * [1-0.32617864688] / 0.09 = $28,102.74

x * 7.486904 = $28,102.74

x = $28,102.74 / 7.486904

x = 3753.58626

x = $3,753.59

4 0

3 years ago

An investment offers to double your money in 30 months (don’t believe it). What rate per six months are you being offered? (Do n

kykrilka [37]

Answer:

9.05%

Explanation:

The formula that would be used to fund the interest rate =

[(FV / PV)^1/N ] - 1

FV / PV = Future value/ present value = 2 (The investment offers to double the investment)

M = 5 (30 months / 6 months )

(2 ^1/8) - 1 = 0.090508 = 9.05%

I hope my answer helps you

6 0

3 years ago