Answer:
Discount yield is 8%
Bond equivalent yield is 8.19%
Explanation:
The discount yield on the commercial paper is calculated as:
(($500,000 - $495,000)/$500,000 ) x (360/45)
= ($5,000/$500,000 x (360/45)
= 0.01 x 8
= 0.08
= 8%
And bond equivalent yield is calculated as:
(($500,000 - $495,000)/$495,000) x (365/45)
= ($5,000/$495,000) x 8.11
= 0.0101 x 8.11
= 0.0819
= 8.19%
Answer:
$612,230
Explanation:
Since in the question it is mentioned that the company used the job order cost system for production of specialty patio furniture
Also there is various balances mentioned in the question
Now the total of all open job order cost is equivalent to the work in process amount i.e. $612,230 and the same is to be considered
Hence, the total is $612,230
Answer:
$28,706.10
Explanation:
The computation of the amount of pay is shown below:
Here we have to find the future value by using the following formula
Future value = Present value × (1 + interest rate)^number of years
= $26,000 × (1 + 0.02)^5
= $28,706.10
We simply applied the above formula so that the amount of pay could be come and the same is to be considered
Answer
(a) 3858 Units
(b) 4372 Units
Explanation
SP = Selling price per unit = $150 per unit
VC = Variable cost per unit = $80 per unit
TFC = Total Fixed Cost = $270,000
(a) Break-Even Point (Units) = Fixed Costs ÷ (Revenue per Unit – Variable Cost per Unit)
= $270,000 ÷ ( $150 per unit - $80 per unit )
= 3857.14 ≅ 3858 Units
(b)
x = Number of units
TR = Total Revenue = $150x
TC = Total Costs = Total Fixed Cost + Total Variable Cost
TC = $270,000 + $80x
Target Profit = $36,000
Total profit = Total Revenue - Total Costs
36000 = 150x - ( 270000 + 80x)
306000 = 70x
x = 4371.42 ≅ 4372 Units
The answer is none, it is because there is no dead weight loss for perfect price discriminator, even if there is no surplus that existed in which is different from the imperfect price discriminator as it does not apply the same as the perfect price discriminator.
