Answer:
$48,000
Explanation:
The total cost of the units produced in the month is the sum of the direct and indirect cost. The indirect cost is also known as the overheads.
The direct cost is the sum of the direct labor and direct material cost.
Total direct cost = 600( $30 + $40)
= $42000
Indirect cost = 600/6400 * $64,000
= $6000
The total cost of the units made in January was
= $42000 + $6000
= $48,000
Answer:
The answer is: $0
Explanation:
Krete would have been forced to pay a penalty only if her taxes due after withholdings were over $1,000
. Since she only owed $200 in taxes, she will not receive any penalty for underpayment. But she will still have to pay a penalty for not paying the $200 she owes (this is a separate penalty).
Answer:
ROE is 0.1571 or 15.71%
Explanation:
The ROE or return on equity is a measure of a business's profitability in relation to its equity. The Dupont equation breaks down the ROE into three components which are used to calculate the ROE. The formula fro ROE under dupont equation analysis is,
ROE = Net Profit/Sales * Sales/Total Assets * Total Assets/Total Equity
- The part of Net Profit/Sales is also known as profit margin.
- The part of Sales/Total Assets is also known as Assets Turnover
- The part of Total Assets/Total equity is also known as equity multiplier
ROE = 0.03 * 110/42 * 2
ROE = 0.1571428571 rounded off to 0.1571
Answer:
The effective rate of protection for the U.S. steel industry is approximately 17.5%
Explanation:
Mathematically, the effective rate of protection is calculated as follows;
e = (n-ab)/(1-a)
where n is the nominal tariff rate on the final product , a is the ratio of the value of the imported input to the value of the finished product and b is the nominal tariff rate on the imported input
Mathematically;
a = value of iron ore/value of steel = 100,00/500,000 = 1/5 = 0.2
From the question, we can see that nominal tariff rate for steel n = 15% = 15/100 = 0.15
The nominal rate for iron ore b = 5% = 5/100 = 0.05
So we substitute all of these into the equation of e above
e = {0.15-0.2(0.05)}/(1-0.2) = (0.15-0.01)/0.8 = 0.14/0.8 = 0.175 which is same as 17.5%
