Answer:
a. $6
b. $3204000
Explanation:
Given:
- Product X is 534,000 units
- cost for materials $1,441,800
- cost for labour: $1,762,200
(a) a standard cost
As we know standard cost is the cost of producing 1 unit and is recorded in a standard cost card. However, the cost of labor, materials and overhead are used to make a single unit, so
standard cost = unit variable cost = the total cost / the total number of unit.
In this situation, the overheading cost is not gven, so the total cost:
= The cost of labor + materials
= $1,441,800 + $1,762,200
= $3204000
=> standard cost = $3204000 / 534,000 = $6
(b) a budgeted cost represents the total costs
The total number of units * standard cost
= 534,000 * 6
= $3204000
Answer:
$4,136.77
Explanation:
In this question, we use the present value formula which is shown in the attachment below:
Given that,
Future value = $10,000
Rate of interest = 4.7% ÷ 2 = 2.35
NPER = 19 years × 2 = 38 years
PMT = $0
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
After solving this, the price of the bond is $4,136.77
Answer:
6.96%
Explanation:
Find nominal expected return;
Nominal expected return = [(Dividend + New Price -Old Price) /Old price]*100
= [ (1.74 +50.10 - 47.10) / 47.10 ]*100
= (4.74 / 47.10)* 100
= 0.100637 *100
=10.0637%
Real rate of return = Nominal return - inflation rate
Inflation rate = 3.1%
Real rate of return = 10.0637% - 3.1%
= 6.96%
your correct answers is 114
Answer:
Present value of annuity = PV(8%,40,-200,0,0)
Present value of annuity = $2,384.93
Present value of Perpetuity = 200/ 8%
Present value of Perpetuity = 200 / 0.08
Present value of Perpetuity = 2500
The difference between the Present value = $2,500 - $2,384.93 = $115.07
However, both does not equal as time value has to be considered.
