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Gwar [14]
3 years ago
13

Birkner Corporation's flexible budget performance report for last month shows that actual indirect materials cost, a variable co

st, was $30,444 and that the spending variance for indirect materials cost was $8,142 favorable. During that month, the company worked 17,700 machine-hours. Budgeted activity (i.e., planning budget activity) for the month had been 18,200 machine-hours. The budgeted cost formula per machine-hour for indirect materials cost must have been closest to:
Business
1 answer:
gavmur [86]3 years ago
7 0

Answer:

$2.18 per machine hour

Explanation:

The calculation of Indirect material cost is shown below:-

Flexible budget indirect material = variable cost + indirect materials cost

= $30,444 + $8,142

= $38,586

Cost per machine hour for indirect material = Flexible budget indirect material ÷ Company machine hours

= $38,586 ÷ $17,700

= $2.18 per machine hour

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If you had purchased 10 shares of GoPro at the IPO (Initial Public Offering) on June 26, 2014 at 31.34, you would have spent ___
My name is Ann [436]

Answer:

If you had purchased 10 shares of GoPro at the IPO (Initial Public Offering) on June 26, 2014 at 31.34, you would have spent <u>$313.40</u>.

If you were more of a “gambler” than an “investor”, and you saw the market shoot up for GoPro and hit 86.97 just 3 months later and decided to SELL, you would have recognized a capital gain of <u>$869.70 - $313.40 = $556.30</u>.

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Let’s say you hung on to your 10 shares of GoPro, believing that it would get even better. Today it is listed at 4.42. If you were to sell, you would recognize a loss of <u>$44.20 - $313.40 = -$269.20</u>.

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The average annual yield for 5.5 years would then be <u>-12%</u>.

Look up GoPro today. GoPro currently trading at <u>$8.63 (January 7, 2021)</u>.

Explanation:

1 + 0.859 = (1 + r)⁵°⁵

⁵°⁵√1.859 = ⁵°⁵√(1 + r)⁵°⁵

1.12 = 1 + r

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7 0
3 years ago
Daimler AG agreed to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, which is an example of
Effectus [21]

Daimler AG agreeing to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, is an example of countertrade

<h3>What is Countertrade?</h3>

Countertrade is the means by which good and services is being paid for, with other goods or services, instead of with money.

Examples of countertrade include:

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From the question, since Daimler AG agreed to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, hence countertrade has occurred.

Learn more countertrade on brainly.com/question/14659049

8 0
3 years ago
Choose all that apply.
andre [41]
It can be all of them or the last 4
8 0
4 years ago
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kumpel [21]

Answer:

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I hope my answer helps you

5 0
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