Answer:
50,500 Units
Explanation:
The computation of the number of units produced is shown below:
Overhead rate is
= $200,000 ÷ 50,000 units
= $4 per unit
The Actual overhead is $222,000
So,
Under applied overhead is $20,000
Now
Applied overhead is
= $222,000 - $20,000
= $202,000
And, finally
Actual unit produced is
= $202000 ÷ 4
= 50,500 Units
Answer: Differential cost is $5 per unit
Explanation:
Differential cost is the extra cost that the company would incur if they made the product themselves versus if they bought it from an outside supplier.
Differential cost is therefore:
= Cost to produce internally - Cost from supplier
= 23 - 18
= $5
<em>likely</em>
Answer:
The answer is: E) Social responsibility goals
Explanation:
Corporate social responsibility (CSR) incorporates sustainable development into a company's business model. It should have positive impact on the general public, the environment and the economy.
By helping restore, preserve and revitalize historical sites in NYC, American Express is creating a positive impact by:
- helping the people that live in NYC (better buildings or infrastructure)
- is injecting money into the city´s economy (hiring contractors, buying materials, etc)
- natural resources (i.e. trees) found at those historical sites will also be taken care of
Answer:
You should be willing to pay $984.93 for Bond X
Explanation:
The price of a bond is equivalent to the present value of all the cash flows that are likely to accrue to an investor once the bond is bought. These cash-flows are the periodic coupon payments that are to be paid annually and the proceeds from the sale of the bond at the end of year 5.
During the 5 years, there are 5 equal periodic coupon payments that will be made. Given a par value equal to $1,000 and a coupon rate equal to 11% the annual coupon paid will be
= $110. This stream of cash-flows is an ordinary annuity.
The PV of the cash-flows = PV of the coupon payments + PV of the value of the bond at the end of year 5
Assuming that at the end of year 5 the yield to maturity on a 15-year bond with similar risk will be 10.5%, the price of the bond will be equal to :
110*PV Annuity Factor for 15 periods at 10.5%+ $1,000* PV Interest factor with i=10.5% and n =15
=
=$1,036.969123
therefore, the value of the bond today equals
110*PV Annuity Factor for 5 periods at 12%+ $1,036.969123* PV Interest factor with i=12% and n =5
=
=$984.93
Answer:
B. market capitalism
Explanation:
In Market Capitalism Model business operates in a market environment. Business responds to economic forces protected from direct impact of social and political forces. Business is also protected from the direct impact of non economic forces such as sociopolitical forces, but mainly focuses on the primary economic forces.