Answer:
Cost of goods manufactured= $228,700
Explanation:
<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 25,500 + (46,000 + 75,500 - 39,500) + 100,500 + (68,500 - 11,800) - 36,000
cost of goods manufactured= $228,700
We deduct the indirect material from overhead because it is already incorporated into direct materials.
Answer:
dirty price: 1,225.39
Explanation:
When we purchase the bond, we are paying the bond and the accrued interest
<em>bond price:</em> 1,000 x 120.59375/100 = 1,205.9375 = 1,205.94
accrued interest at purchase:
face value x bond coupon rate x time
1,000 par value x 6% x 59/(59+2+121) =
1,000 x 0.06 x 59/182 = <em>19,45</em>
Total amount for the bonds: 1,205.94 + 19.45 = 1,225.39
Answer:
The correct answer is letter "D": yield to maturity.
Explanation:
Yield to Maturity or YTM refers to the required market interest rate bonds posses. YTM represents the anticipated return investors could obtain in case they hold the bond until maturity. YTM is expressed as an annual rate and it is calculated using the following formula:
![YTM = \sqrt[n]{\frac{Face Value}{Current Price}} - 1](https://tex.z-dn.net/?f=YTM%20%3D%20%5Csqrt%5Bn%5D%7B%5Cfrac%7BFace%20Value%7D%7BCurrent%20Price%7D%7D%20-%201)
where:
- n = <em>number of years to maturity</em>
- Face Value = <em>maturity value of the bond</em>
- Current Price = <em>price of the bond today</em>
Answer:
a. Insurance expense for the month of march
= ($3,840 / 12 months) * 1 month
= $320 per month
b. Balance in prepaid insurance as of March 31
= ($3,840 / 12 months) *11 months remaining
= $3,520
c. Equipment rent expense for the month of April
= ($23,160 / 24 months) * 1 month
= $965
d. Balance in prepaid equipment rental as of April 30
= Nil ($0) as it is not mentioned that payment has been made, it is only mentioned that two year rental contract has been entered into.
Option B
Analysis of the general environment enables a firm to identify: opportunities and threats
<u>Explanation:</u>
The general environment usually has a sturdy impact on a firm's level of achievement, officials must pursue biases and circumstances as they emerge and attempt to envision the associations of these biases and circumstances.
The environmental inquiry is an imperative tool. It is a manner to distinguish all the outside and subjective factors, which can influence the organization’s execution. The review involves valuing the level of threat, an opportunity the determinants might impersonate. These determinants are succeeding rendered into further means.
