Answer:
D. $3240000.
Explanation:
Particulars Amount ($) Amount ($)
Direct materials used 1,880,000
Direct Labor 760,000
<u>Manufacturing Overheads </u>
Factory Utilities 150,000
Indirect Labor 50,000
Factory Depreciation <u>400,000</u> <u>600,000</u>
Total Manufacturing cost <u>$3,240,000</u>
Answer:
The discount is for $86
It will be available until May 16th
Explanation:
the credit terms are 1/15, net 45
the first numebr is the discount amount, 1%
the second number is the days after billing this discount option is active, 15
net 45 means the customer can pay the nominal 8,600 within a 45 days period. After that it should renegociate the bill
The discount will be 8,600 x 1% = 8,600 x 0.01 = 86
It will be available up to 15 days after billing:
May 1st + 15 days = May 16th
Answer:
$0
Explanation:
Since the offer to repurchase the stock's is contingent (or depends on) the fact that 64% of all outstanding stocks are tendered, there is absolutely no assurance that the threshold (64%) will be met. So there is no assurance that the stockholder is going to be paid (there is no guaranteed payment at all) if he/she decides to tender the stocks.
Answer:
The answer is option C
Explanation:
Long Market Value - Debit = Equity %
$100,000 $60,000 $40,000 40%
If the market value declines to $60,000, the account will now show:
Long Market Value - Debit = Equity %
$60,000 - $60,000 = $0 ( 0%
)
Minimum margin is 25% of market value, i.e 25% of $60,000 = $15,000.
Therefore the customer will receive a maintenance call for $15,000.
Explanation:
Face Value of Debenture Rs
100
Discount (Rs 100 x 5%) = Rs 5
:. Issue Price = Rs 95
