1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Talja [164]
3 years ago
15

The following information pertains to the Engineering department: Units Materials Completion % Conversion Completion % Work in p

rocess, January 1 24,000 60% 32% Work in process, January 31 20,000 75% 24% Units started into production during January 1,750 Question: How many units were completed and transferred out of the Engineering department during January?
Business
1 answer:
mash [69]3 years ago
4 0

Answer:

5,750 units were completed and transferred out of the Engineering department during January

Explanation:

This question requires us to calculate the number of units that were completed and transferred out during th month from engineering department. This can be solve easily with the help of equation given below.

Opening units + unit put in process = closing units + units transferred out

units transferred out = 24,000 + 1,750 -20,000

units transferred out  = 5,750 units

You might be interested in
Explain why electronic file organization is a key skill for todays workplace​
QveST [7]

It allows workers to transfer, update, or share files within seconds.

7 0
3 years ago
You find a mutual fund that offers approximately 6% APR compounded
aliya0001 [1]

Answer:72.19

Explanation:

8 0
3 years ago
The team created to document procedures throughout the organization had several _________________________, or expectations of be
iogann1982 [59]

Answer:

a. team norms

Explanation:

8 0
2 years ago
Read 2 more answers
Which of the following personal property items has the HIGHEST specific limitation on coverage?
Charra [1.4K]

The personal property items that have the HIGHEST specific limitation on coverage are jewelry, watches, and precious stones or metals because they are saved in a location, especially in banks

<h3 /><h3>The properties having HIGHEST specific limitation on coverage.</h3>

A limit is the highest amount your insurer will pay for a claim that your insurance policy covers.

Some of these specific limits apply to a building or personal property at a single location.

From the listed option, the personal property items that have the HIGHEST specific limitation on coverage are jewelry, watches, and precious stones or metals because they are saved in a location, especially in banks

Learn more on specific limitations on coverage here: brainly.com/question/27015627

8 0
2 years ago
Bond j has a coupon rate of 5 percent and bond k has a coupon rate of 11 percent. both bonds have 13 years to maturity, make sem
aleksley [76]

To find the change in the price of the bonds, first need to find the price of individual Bond.

Bond Price is directly related to the change in the YTM of the bond. If the YTM rises by 2%, the price of the bond will fall.

Bond J :

(WHEN YTM IS 8%)

Coupon Rate: 5%

Coupon Amount (PMT): $1,000 * 5% = $50/2 = $25 (Semi annual coupon amounts)

Number of years (NPER) = 13*2 = 26

YTM (rate) = 8%/2 = 4%

Face Value: $1000

Price (PV0) : ?

To find the price of the bond, can either use excel or with formula.

When input the below formula in excel,

PV =pv(rate,nper,pmt,fv,type)

P0 =pv(4%,26,-25,-1000)

When input the formula in excel, we get PV as $760.26

(WHEN YTM RISES BY 2%, NEW YTM IS 10%)

Coupon Amount (PMT): $25 (Semi annual coupon amounts)

Number of years (NPER) = 26

YTM (rate) = 10%/2 = 5%

Face Value: $1000

Price (PV1) : ?

To find the price of the bond, can either use excel or with formula.

When input the below formula in excel,

PV =pv(rate,nper,pmt,fv,type)

P1 =pv(5%,26,-25,-1000)

When input the formula in excel, we get PV as $640.62

CHANGE IN THE BOND PRICE OF BOND J DUE TO THE CHANGE IN THE YTM

%change = (P1 – P0)/P0

%change = ($640.62 - $760.26)/$760.26

%change = -18.68%

Therefore, with the increase in 2% YTM of BOND J, the price falls by 18.68%

Bond K :

(WHEN YTM IS 8%)

Coupon Rate: 11%

Coupon Amount (PMT): $1,000 * 11% = $110/2 = $55 (Semi annual coupon amounts)

Number of years (NPER) = 13*2 = 26

YTM (rate) = 8%/2 = 4%

Face Value: $1000

Price (PV0) : ?

To find the price of the bond, can either use excel or with formula.

When input the below formula in excel,

PV =pv(rate,nper,pmt,fv,type)

P0 =pv(4%,26,-55,-1000)

When input the formula in excel, we get PV as $1,239.74

(WHEN YTM RISES BY 2%, NEW YTM IS 10%)

Coupon Amount (PMT): $55 (Semi annual coupon amounts)

Number of years (NPER) = 26

YTM (rate) = 10%/2 = 5%

Face Value: $1000

Price (PV1) : ?

To find the price of the bond, can either use excel or with formula.

When input the below formula in excel,

PV =pv(rate,nper,pmt,fv,type)

P1 =pv(5%,26,-55,-1000)

When input the formula in excel, we get PV as $1,071.88

CHANGE IN THE BOND PRICE OF BOND K DUE TO THE CHANGE IN THE YTM

%change = (P1 – P0)/P0

%change = ($1071.88 - $1239.74)/$1239.74

%change = -13.54%

Therefore, with the increase in 2% YTM of BOND k, the price falls by 13.54%

SIMILALRY IF THE BOND PRICES FALLS BY 2%, the YTM WILL BE 6%/2 = 3% **(REFER THE IMAGE ATTACHED)

5 0
3 years ago
Other questions:
  • A borrower has applied for a refinance on her property valued at $235,000. She currently has a HELOC with a $47,000 limit and cu
    9·1 answer
  • ​refer to table 3-37. sarah and charles are both potters and each can switch between the production of vases and mugs at a const
    5·1 answer
  • A company paid $517,000 to purchase equipment and $16,700 to have the equipment delivered to and installed in the company's prod
    7·1 answer
  • Which of the following compensation options helps pay for premiums that cover expenses resulting from the death of an employee?
    15·1 answer
  • Give an example of each of the manufacturing processes: Continuous Flow, Production Line, Batch, Job Shop and Fixed Position Lay
    15·1 answer
  • At a rate of 6.5%, what is the future value of the following cash flow stream?
    11·1 answer
  • Overhead Variance (Over- or Underapplied), Closing to Cost of Goods Sold
    13·1 answer
  • Thad Joslin was judged at fault in an automobile accident. Three others were awarded damages of $147,000, $79,000, and $74,000.
    8·1 answer
  • Find the total graduated commission for 26 cooking demonstrations if the commission is ​$2 for the first 20 ​demonstrations; ​$5
    10·1 answer
  • A $340,000 property sells at a 7ommission with a 50-50 co-brokerage split and a 50 gent split with her broker. what is agent's c
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!