Answer:
$234,000
Explanation:
cost of goods manufactured = beginning work in process + direct materials + direct labor + manufacturing overhead cost applied - ending work in process
cost of goods manufactured = $25,000 + $65,000 + $95,000 + $69,000 - $20,000 = $234,000
cost of goods sold = beginning finished inventory + cost of goods manufactured - ending finished inventory + underapplied overhead
cost of goods sold = $54,000 + $234,000 - $58,000 + $2,000 = $232,000
Answer:
The answer is 6.17%.
Explanation:
We apply the Dividend Model for solving the questions.
Denote g as the constant dividend growth rate after 3 years which needs to be found.
The principle in the Dividend model is: Current share price = Projected present value of all expected future dividend discounted at company's cost of equity rs =16%.
Thus Current share price = Present value of Dividend paid in Y1 + Present value of Dividend paid in Y2 + Present value of Dividend paid in Y3 + Present value of dividend perpetuity growth after Y3.
=> 51 = (3 x 1.25) / 1.16^1 + (3 x 1.25^2)/ 1.16^2 + (3 x 1.25^3)/1.16^3 + [3 x 1.25^3 x (1+g)]/(0.16-g)/1.16^3 <=> [5.8594 x (1+g)]/(0.16-g)/1.16^3 = 40.5298 <=> [5.8594 x (1+g)]/(0.16-g) = 63.2628 <=> 5.8594 + 5.8594g = 10.1220 - 63.2628g <=> 69.1222g = 4.2626 <=> g = 6.17%.
Thus, the constant rate the stock's dividend expected to grow after Year 3 is 6.17%
Answer:
Total Value =5563.131709
Explanation:
using the annuity formula to find out the present value of lease rentals
p=R*(1-(1+i)^-n)/i
Total rental monthly =5*60 = 60
I=7.32% monthly
R=385$ monthly
Since we have:
Value of the first is same i.e $385
Value of remaining 59 payments as follows
P=385*(1-(1+7.32%)^-59)/7.32%
P=385*(1-0.015482491
)/7.32%
P=385* 0.984517509
/7.32%
P=385*13.44969275
P=5178.131709
Value of 59 rental = 5178.131709
Add: Value of 1st rental = 385
Total Value =5563.131709
Answer:
10 units
Explanation:
Break even point = Fixed cost/ contribution margin per unit
For Jenny,
Fixed costs = $60
contribution margin per unit= selling price - variable cost
Selling price =$15
Variable cost =$9
Contribution margin per unit
= $15 - $9
=$6
Breakeven points = $60/$6
=10 units
Answer:
Market segmentation
Explanation:
Market segmentation is the process of dividing a market into distinct groups of buyers who have different needs, characteristics, or behavior.
The businesses use market segmentation to separate each market from another to study their demand closely. It helps them in catering to them according to their characteristics. They are able to treat every market according to its unique characteristics and generate more profit while doing that.