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3 years ago

Present value (with changing interest rates).

Business

1 answer:

densk [106]3 years ago

6 0

Answer:

present value = $12811.98

present value = $11428.17

present value = $9964.92

Explanation:

given data

injury settlement = $14,000

time = 3 year

opportunity cost = 3%

opportunity cost = 7%

opportunity cost = 12%

solution

we will apply here Present value formula that is

present value = $\frac{future\ value}{(1+r)^t}$ ..............................1

put here value of opportunity cost rate we get

present value = $\frac{14000}{(1+0.03)^3}$

present value = $12811.98

and

present value = $\frac{14000}{(1+0.07)^3}$

present value = $11428.17

and

present value = $\frac{14000}{(1+0.12)^3}$

present value = $9964.92

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Miller and Sons' static budget for 10,300 units of production includes $36,800 for direct materials, $48,500 for direct labor, v

Alborosie

Answer:

b. direct materials of $49,662, direct labor of $65,451, utilities of $10,121, and supervisor salaries of $14,900

Explanation:

$\left|\begin{array}{c|c|c|c}$Item&$Cost for 10,300 Units&$Unit Cost&$Cost for 13900 Units\\--&--&--&--\\$Direct materials&\$36,800&\dfrac{36800}{10300} &\dfrac{36800}{10300}\times 13900$ Units=\$49662\\\\$Direct Labor&\$48,500&\dfrac{48500}{10300} &\dfrac{48500}{10300}\times 13900$ Units=\$65451\\\\$Variable Utilities&\$7,500&\dfrac{7500}{10300} &\dfrac{7500}{10300}\times 13900$ Units=\$10121\end{array}\right|$ The Supervisor's Salary is a fixed cost.

Therefore, a flexible budget for 13,900 units of production would show:

Direct materials of $49,662,
Direct labor of $65,451,
Utilities of $10,121
Supervisor salaries of $14,900

8 0

3 years ago

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maw [93]

<u>Higher standard of living for families</u> is often associated with an increasing employment rate of women in living wage occupations

Option B is correct.

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<h3>What factors affect standard of living?</h3>

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4 0

1 year ago

Sela traveled from her home in Flagstaff to San Francisco to seek specialized medical care. Because she was unable to travel al

egoroff_w [7]

Answer:

The total medical expenses deductible before the 10% limitation is 2090

Explanation:

Solution

Recall that:

The Total expenses included is stated as follows:

Th Hotel room is = $150 * two rooms * three nights

Mileage of = $900,

Miles = 1000

Doctor's bill ins an Francisco = 1,600

Now,

To next step is to find the total medical expenses deductible before the 10% limitation is given as follows:

Doctor's bill = 1,600

The total expenses i hotel room is calculated as :150 * 1 *3 = 450

So,

The total = 1600 + 450 = 2050

It is also important to know that only 10% of the expense stay for the accompanied person is permitted

Therefore,

450*10% =45

Total 2050+45 = 2090

5 0

3 years ago

Malone Co. owned 70% of Bernard Corp.'s common stock. During November 2021, Bernard sold merchandise to Malone for $150,000. At

elena-14-01-66 [18.8K]

Answer:

$18,000

Explanation:

Calculation to determine what The amount of intra-entity gross profit remaining in ending inventory at December 31, 2021 that should be eliminated in the consolidation process is:.

Using this formula

Intra-Entity Gross Profit =(Transfer Price × Percentage of Bernard's GP) × Intra-Entity Transfers Remaining in Ending Inventory

Let plug in the formula

Intra-Entity Gross Profit=($150,000×30% )×40%

Intra-Entity Gross Profit=$45,000×40%

Intra-Entity Gross Profit=$18,000

Therefore The amount of intra-entity gross profit remaining in ending inventory at December 31, 2021 that should be eliminated in the consolidation process is:$18,000

6 0

3 years ago

Dynamo Corporation manufactures toasters. Each toaster comes with a 5-year assurance-type warranty. The toasters sell for $60 ea

nordsb [41]

Answer:

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Cr Warranty liability 2,400

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Cr Cash 500

Since the warranty covers a 5 year period, the remaining warranty expense cannot be recognized as warranty revenue yet. Only after the warranty period is over, will any money left over will be recognized as revenue.

7 0

3 years ago

Present value​ (with changing interest​ rates).

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