Answer:
Production= 43,000 units
Explanation:
Giving the following information:
Sales= 45,000 units
Beginning inventory= 5,000 units
The desired ending inventory is 3,000 units.
To calculate the budgeted production, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 45,000 + 3,000 - 5,000
Production= 43,000 units
Cassidy's approximate monthly payment stands at $1420. if Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
<h3>What is the payment monthly?</h3>
The monthly payment is the quantity paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the top amount, or the original payment loaned out, that needs to be repaid, but also the good that accumulates.
<h3>What is a loan amortization schedule?</h3>
It is described as the systematic method of representing loan payments according to the time in which the principal amount and interest exist mentioned in a list manner
It is given that:
- Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
- A fixed annual interest rate of 2.7% compounded monthly for 15 years.
The formula is:
Plug all the values in the above formula:
$1420.
Hence,
Cassidy's approximate monthly payment stands at $1420.
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Answer:
10.23%
Explanation:
Calculation for What profit margin would the firm need in order to achieve the 15% ROE, holding everything else constant
First step is to calculate the Net income
.15 = Net income/ 375,000
Net income=.15($375,000)
Net income= $56,250
Now let calculate profit margin using this formula
Profit margin = Net Income/Sales
Let plug in the formula
Profit margin= $56,250/$550,000
Profit margin= 0.1023*100
Profit margin=10.23%
Therefore the profit margin that the firm would need in order to achieve the 15% ROE, holding everything else constant is 10.23%
Answer:
C. 1.25
Explanation:
Mathematically;
Capacity utilization rate= actual output per hour / operating level rate per hour
Actually output per hour= 500units
Operating level rate per hour= 400
Hence,
Capacity utilization rate= 500/400
Capacity utilization rate= 1.25
If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.
<h3 /><h3>Total cost</h3>
Using this formula
Total cost = Variable cost + Fixed cost
Where:
Variable cost=(1200×$0.35)=$420
Fixed cost=$10,000
Let plug in the formula
Total cost = (1200×$0.35) +$10,000
Total cost=$420+$10,000
Total cost=$10,420
Inconclusion If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.
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