Answer:please refer to the explanation section
Explanation:
The Question is incomplete. the question requires us to calculate minimum number of customers required to cover costs of promotions, to calculate the minimum number of customers required we need a price per customer. let us assume the price $6
Variable costs = $3.75
Fixed costs = $18000
Minimum Customers Required = Fixed costs/(Price - Variable cost)
Minimum Customers Required = 18000/6 - 3.75 = 8000
8000 customers are required
Answer:
Predetermined manufacturing overhead rate= $29.59 per direct labor hour
Explanation:
Giving the following information:
Total direct labor-hours 15,755
Total overhead:
Labor-related DLHs= $172,482
Product testing tests= $68,909
General factory MHs= $224,825
Total= $466,216
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 466,216/15,755
Predetermined manufacturing overhead rate= $29.59 per direct labor hour
Determined by negotiation is the amount of earnest money deposit paid by the purchaser.
I’m not sure how to help you.
Answer:
$50
Explanation:
Dividend discount model (DDM) is used to calculate intrinsic value of a stock. Since the dividends are expected to grow indefinitely, the formula will be as follows;
Price (P0) = D1 / (r-g)
where D1 = Next year's dividend = 2.50
r = required rate of return = 12% or 0.12 as a decimal
g = dividend growth rate = 7%
Price (P0) = 2.50/(0.12-0.07)
P0 = 2.50 /0.05
P0 = $50