Answer:
COGS= $176,800
Explanation:
Giving the following information:
Direct materials costs are $2.00
Direct manufacturing labor is $6.00
Manufacturing overhead is $0.84 per pool cue.
Direct materials:
Beginning inventory= 26,000
Ending inventory= 26,000
Finished goods inventory
Beginning inventory= 1,700
Ending inventory= 3,500
First, we need to calculate the units produced:
Production= sales + desired ending inventory - beginning inventory
Production= 20,000 + 3,500 - 1,700
Production= 21,800
Now, the cost of goods sold:
COGS= (2 + 6 + 0.84)*20,000= $176,800
Damages for breach, reasonable attorney fees and costs are the course of action which a party in contract would have.
<h3><u>
What is attorney fees?</u></h3>
- Attorney's fee is a term used mostly in the United States to describe payment for legal services rendered for a client, whether in or out of court.
- It could be a flat-rate, hourly, or contingent charge.
- According to recent studies, lawyers who charge flat fees as opposed to hourly rates put in less effort for their clients and produce worse results. In a court case, attorney fees are distinct from fines, compensatory and punitive damages, and (apart from in Nevada) from court costs.
According to the "American norm," unless there are special statutory or contractual rights, the losing party in a dispute often does not pay the winning side's legal fees.
Know more about attorney fees with the help of the given link:
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Answer:
A) IRR, NPV, Payback period
Explanation:
According to Graham and Harvey's 2001 survey, for capital budgeting decision making, the following capital techniques are used which are described below:
Internal rate of return: It is that rate of return in which the net present value is zero that means initial investment and the present value of the annual cash inflows are equal
Net present value: In this method, the initial investment is subtracted from the discounted present value cash inflows. If the amount comes in positive than the project is beneficial for the company otherwise not.
The computation of the Net present value is shown below
= Present value of all yearly cash inflows after applying discount factor - initial investment
The discount factor should be computed by
= 1 ÷ (1 + rate) ^ years
Payback period: It refers to the period in which the initial investment amount should be recovered. It is denoted in years
The formula to compute the payback period is shown below:
= Initial investment ÷ Net cash flow
