Answer:
Direct material price variance= $29,120 unfavorable
Explanation:
Giving the following information:
Standard: Direct materials 6 pounds $4.30 per pound $25.80
Actual= Jackson purchased 145,600 pounds of direct material at a total cost of $655,200.
<u>To calculate the direct material price variance, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
Actual price= 655,200/145,600= $4.5
Direct material price variance= (4.3 - 4.5)*145,600
Direct material price variance= $29,120 unfavorable
Answer:
Assume the forward rate for year 2 = i YTM 2 year maturity bond 8.30% YTM 1 year maturity bond 7.30% So , 1.083^2 =(1.073)^*(1+i) [equivalent yield in 2years]…
Answer:
local firm has debt worth $200,000, with a yield of 9%, and equity worth $300,000. It is growing at a 5% rate, and its tax rate is 40%. A similar firm with no debt has a cost of equity of 12%. Under the MM extension with growth, what is the value of your firm's tax shield, i.e., how much value does the use of debt add?
Explanation:
Answer:
Ignacio would have to fire some of his full time workers and hire contingent workers.
Contingent workers are independent contractors. So Ignacio wouldn't be responsible for paying employment taxes since contingent workers are responsible for handling their own taxes.