Answer:
$4760
Explanation:
700 units at 6.80 value/unit
700 x 6.80
= 4760
Answer:
$6.40
Explanation:
In this case, the predetermined overhead rate is calculated by dividing total manufacturing overhead expense by the total number of direct labor hours. The overhead expense is divided in two: fixed and variable. Predetermined variable overhead expense is $2.80 and predetermined fixed overhead expense = $36,000 / 10,000 direct labor hours = $3.60.
So the total predetermined overhead rate = $2.80 + $3.60 = $6.40
Answer:
D.
Explanation:
The factors that infuence a consumer's decision of buying product are multiple. It can be internal, external, economic, cultural, etc.
These factors include psychological factor, social factor, cultural factor, situational factor, etc.
Many times it's psychological factors such as moods. If a person is in bad or good mood, it will affect his behavior to buy a product. Culture or social life also influences consumer's buying habit. Some buy under peer pressure or to have status in society.
Therefore, option D is correct.
Answer:
Price of bond= $1,922.92
Explanation:
<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>
Value of Bond = PV of interest + PV of RV
Semi-annual interest = 4.93% × 2,000 × 1/2 =49.3
Semi-annual yield = 5.29%/2= 2.65%
PV of interest payment
PV = A (1- (1+r)^(-n))/r
A- 49.3, r-0.02645, n- 16×2
= 49.3× (1-(1.02645)^(-10)/0.02645)
= 1,055.521
PV of redemption Value
<em>PV = F × (1+r)^(-n)
</em>
F-2000, r-0.02645, n- 16
×2
PV = 2,000 × 1.02645^(-16×2)
PV = 867.402
Price of Bond
1055.52 + 867.40 =1,922.92
= $1,922.92
Answer:
$2,850
Explanation:
Given the following :
Face value of security = $100,000
Carrying value = $95,000
Effective interest rate = 6%
Interest paid semianually = $2500
The effective interest revenue recognized for the six months ended December 31, 2018 is:
IF effective interest rate = 6%
Semiannual interest = 6% / 2 = 3%
Therefore effective interest revenue for six months will be the product of the carrying value and the interest rate within the six months period :
3% = 0.03
0.03 * $95,000 = $2,850