Answer: 3.50 years
Explanation:
The Payback period is a method of checking the viability of a project. It measures how long it will take a project to pay back it's initial investment.
Formula is;
= Year before payback + Cash remaining till payback/ Cash inflow in year of payback
Year 1 Net Cash Inflow
= Cash Inflow - Cash Outflow
= 30,000 - 12,000
= $18,000
Year 2
= 45,000 - 20,000
= $25,000
Year 3
= 60,000 - 25,000
= $35,000
Year 4
= 50,000 - 30,000
= $20,000
Year 1 + 2 + 3
= 18,000 + 25,000 + 35,000
= $78,000
Amount remaining till payback
= Investment - Cash inflow so far
= 88,000 - 78,000
= $10,000
= Year before payback + Cash remaining till payback/ Cash inflow in year of payback
= 3 + 10,000/20,000
= 3.50 years
Answer:
$25,650
Explanation:
The formula for calculating the future value of an annuity is:
F = P x ([1 + I]^N - 1 ) / I
where:
- P = payment amount = $1,000
- I = interest rate = 4%
- N = number of payments = 18
F = $1,000 x ([1 + 4%]^18 - 1 ) / 4% = $1,000 x (1.04^18 - 1 ) / 4% = $1,000 x (2.026 - 1 ) / 4% = $1,000 x 1.026 / 4% = $25,650
Consumer research, product development, communication, distribution, pricing, and service are all most accurately described as <u>core "marketing" activities.</u>
Marketing is a social and administrative process by which people and gatherings acquired what they require and need through making, offering and trading results of significant worth with others.
Your core marketing strategy for your private business must include making a guarantee to tackle your optimal client's most prominent problem.It's tied in with marketing and advancements. That is, the work you put into bring issues to light about your image, increment interest for your item or administrations and lift deals.
Answer:
$905,000
Explanation:
February Collection will be as follows :
<em>February Collection = Cash Sales + Credit Sales </em>
= $900,000 x 25 % + $900,000 x 40 % + $800,000 x 60 %
= $905,000
the amount of cash received from sales during the month of February is $905,000.
Explanation:
The computation is shown below:
1. For Predetermined overhead rate
Predetermined overhead rate = (Total estimated manufacturing overhead for 4 months) ÷ (Total number of units)
where,
Total estimated direct manufacturing cost is
= $166,400 × 4 months
= $665,600
And, the total number of units is
= 4,700 units + 8,700 units + 4,300 units + 7,900 units
= 25,600 units
So, the predetermined overhead rate is
= $665,600 ÷ 25,600 units
= $26 per unit
2. Now the allocated cost for each month is shown below:
For January
= 4,700 units × $26
= $122,200
For February
= 8,700 units × $26
= $226,200
For March
= 4,300 units × $26
= $111,800
For April
= 7,900 units × $26
= $205,400
c. Now the total cost per unit is
= $22 + $26
= $48 per unit
