Answer:
$60,000 U
Explanation:
Given:
Direct materials standard (4 pounds @ $1/lb.) = $4 per unit
Direct materials flexible budget variance-unfavorable = $15,000
Actual direct materials used = 103,000 pounds
Actual units produced = 22,000 units
Now,
Direct materials efficiency variance
= (Actual material - Standard material ) × Standard price
= ( 103,000 - 22,000 × 4 ) × $4
= 15,000 × $4
= $60,000 U
Answer:
9.47%
Explanation:
The computation of the cost of preferred stock is shown below:
Cost of preferred stock = Annual coupon ÷ Price of preferred stock per share
where,
Preferred stock sale price = 100 × 95% = $95
And, the annual coupon = 9% × 100 = $9
= $9 ÷ $95
= 9.47%
We assume the par value be 100
Simply we divide the annual coupon by the price of preferred stock per share so that the correct cost of
preferred stock can be computed
Answer:
$28,100
Explanation:
The computation of the bond interest expense is shown below:
= (Issued amount × interest rate) + (Issued amount - given amount) ÷ time period
= ($450,000 × 6%) + ($450,000 - $439,000) ÷ 10 years
= $27,000 + $1,100
= $28,100
In semi annual period, the interest rate is half and the time period is doubles and the same is shown
Answer:
because of the product and the correct one is the one of the product is not working properly
