Answer:
It will take 83 days to recover the extra cost
Explanation:
To determine the length of time it will take to recover the extra cost, it will be logical that we compare the $200 extra cost to the total savings in running cost made for a year and covert this into days
The total savings in running cost is the cost savings per hour multiplied by the number of hours in a year.
The calculations are set below:
Savings in running cost per hour = $0.1
Total savings in a year = 365 days × $0.1 × 24 = $876
Extra cost of Energy Star refrigerator = $200
If total savings for a year is $876 , then equivalent length of time to save $200 would be
Length of time = 200/876 × 365 days = 83 days
It will take 83 days to recover the extra cost
Answer:
$1,548,000
Explanation:
The computation of the total budgeted direct labor cost is shown below:
= Number of units to be produced × number of hours per unit × labor cost per hour
= 34,400 units × 3 hours × $15
= $1,548,000
We simply multiplied the number of units to be produced with the number of hours per unit and the labor cost per hour so that the accurate amount can come
Answer: $38.03
Explanation:
Based on the information given in the question, dividend for first year will be:
= D1 = $2.19 × 1.15 = $2.5185
D2= $2.5185 × 1.1 = $2.77035
Then, we calculate the value after year 2 which will be:
=(D2 × Growth Rate) / (Required Return-Growth Rate)
=(2.77035 × 1.037) / (0.107-0.037)
=$41.04
Therefore, the stock price today will be:
= (2.5185/1.107) + (2.77035/1.107²) + (41.04)/1.107²
=$38.03
