Answer:
The correct answer is $9432.31.
Explanation:
According to the scenario, The given data are as follows:
Par Value (FV) = $10,000
Time Period = 15 years
Time period (Semi annual) (Nper) = 30
Coupon rate ( semi annual) = 3.3% / 2 = 1.65%
So, payment (pmt) = $10,000 × 1.65% = $165
Yield (r) (semiannual) = 3.8% / 2 = 1.9% 
By putting the value in financial calculator, we get
Hence, The price of the bond is $9432.31.
 
        
             
        
        
        
Answer:
$18,050
Explanation:
The computation of the common fixed cost of two order types for the northern branch is shown below:
= Company fixed cost traceable to the northern branch   - traceable fixed cost for the local - traceable fixed cost for the non local
= $175,000 - $68,250 - $88,700
= $18,050
For computing it we simply deducted the traceable fixed cost from the company fixed cost so that the common fixed cost for the two orders types could come 
The common fixed cost is the cost which supports more than the one division in the same business 
 
        
             
        
        
        
Answer:
3.69
Explanation:
We know,
The productivity in sales revenue/labor expense = 
Given,
Sales revenue = Units sold × Sale price per unit
Sales revenue = 1,217 units × $1,700
Sales revenue = $2,068,900
labor expense = Total labor hours × wage rate per hour
labor expense = 46,672 × $12
labor expense = $560,064
Putting the values into the formula, We can get,
The productivity in sales revenue/labor expense =  
The productivity in sales revenue/labor expense = 3.69
 
        
             
        
        
        
Answer: $150,000
Explanation:
Seeing as the litigation expense will only be paid in 2018, it should be added back to income for 2015. 
= 900,000 + 100,000
= $1,000,000
As the depreciation will reverse evenly over the next three years and with future income probable, it should be removed from income.;
= 1,000,000 - 300,000
= $700,000
Municipal Bonds have the advantage of being Tax-exempt so their interest income should be removed to calculate how much tax should be paid. 
= 700,000 - 200,000
= $500,000
2015 Income Tax Payable = 500,000 * 30%
= $150,000
 
        
             
        
        
        
Answer:
Explanation:
Overhead allocated to Product X = Department A overhead cost+ Department B overhead cost
=  $51,157.84+$5755.62=
= $56,913
Calculations:
Using a single-driver allocation system, with direct labor hours as the driver, how much overhead was allocated to Product X:
Department A's Overhead rate per labor hour = Overhead costs/Total direct labor hours  = $4300000/60000 hours = $71.66 per hour
Overhead (Department A) = $71.66per hour*724 labor hours
= $51,157.84
Department B's Overhead rate per labor hour = Overhead costs/Total direct labor hours  = $2200000/60000 hours = $36.66 per hour
Overhead (Department A) = $36.66 per hour*157 labor hours
= $5755.62