Answer:
Daun’s first year of operation
Income statement
Sales Revenues $250,000
Less
Cost Of Sales $ 140,000
Less
Expenses $ 2820
Warranty Claims 5000
Net Income 102,180
Daun’s first year of operation
Cash Flows statement
Net Earnings $250,000
Less
Cash Paid for
Inventory Costs $ 140,000
Replacements $ 2820
Net Income 107,180
Answer:
Total direct materials cost variance is $66,000 and it is favorable.
Explanation:
Actual cost = Actual Quantity × Actual Price
= 300,000 × $1.78
= $534,000
Actual cost with selling price = Actual Quantity × Selling Price
= 300,000 × $2.00
= $600,000
The total direct materials cost variance is computed as:
Total direct materials cost variance = Actual cost with selling price - Actual Cost
= $600,000 - $534,000
= $66,000
It is favorable.
Working Note:
Actual Price per lbs = $534,000 / 300,000
= $1.78
Answer:
Perfect Competition, Imperfect Competition, Oligopoly, and Monolopy
Explanation:
There are four basic types of market structures: perfect competition, imperfect competition, oligopoly, and monopoly.
Answer:
-5.14 for sam
-18.01% for dave
Explanation:
We first calculate for Sam
R = 7.3%
We have 2% increase
= 9.3%
We calculate for present value of coupon and present value at maturity using the formula for present value in the attachment
To get C
1000 x 0.073/2
= 36.5
time= 3 years x 2 times payment = 6
Ytm = rate = 9.3%/2 = 0.0465
Putting values into the formula
36.5[1-(1+0.0465)^-6/0.0465]
= 36.5(1-0.7613/0.0465)
36.5(0.2385/0.0465)
= 36.5 x 5.129
Present value of coupon = 187.20
We solve for maturity
M = 1000
T = 6 months
R = 0.0465
1000/(1+0.0465)⁶
= 1000/1.3135
Present value = 761.32
We add up the value of present value at maturity and that at coupon
761.32 + 187.20
= $948.52
Change in % = 948.52/1000 - 1
= -0.05148
= -5.14 for sam
We calculate for Dave
He has 20 years and payment is two times yearly
= 20x2 = 40
36.5 [1-(1+0.0465)^-40/0.0465]
Present value = 36.5 x 18.014
= 657.511
At maturity,
Present value = 1000/(1+0.0465)⁴⁰
= 1000/6.1598
= 162.34
We add up these present values
= 657.511+162.34 = $819.851
Change = 819.851/1000 -1
= -0.1801
= -18.01%
The opportunity cost of receiving a 93 on the economics exam is productive efficient points on the statistics exam.
Whst is opportunity cost?
The "opportunity cost" of choosing one course of action over another is the potential profit lost due to a missed opportunity. Add all of the potential costs together to get the opportunity cost.
The economics are the examine the productive efficient of the opportunity cost. The production of the goods are the lowest cost as possible unit cost.
As a result, the opportunity cost of the 93 are the reciving of the productive efficient.
Learn more about on opportunity cost, here:
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