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3 years ago

The manufacturing costs of Rosenthal Industries for the first three months of the year follow:

Business

1 answer:

svlad2 [7]3 years ago

7 0

Answer:

variable cost per unit = 46

fixed cost 188680

Explanation:

The high-low method consist in compare each frame to get the variable and fixed components

5440 high

2040 low

3400 difference

437920 high

281520 low

156400 difference

variable cost =15600/3400

variable cost = 46

the reasoning is that the additional 3400 units generated that cost.

Now:

we múltiple by the units by the production and get total variable

46 * 2040 = 93840 total variable

lastly total cost - total variable = fixed

281520 - 93840 = 188680

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Bonita Industries produces face cream. Each bottle of face cream costs $11 to produce and can be sold for $15. The bottles can b

Anna [14]

Answer:C. Face cream must not be processed further because cost increase more than revenue.

Explanation:

The bottle of face cream cost $11 to the firm at a sales price of $15 bringing in a profit of $4, however if the firm decided to process the cream bottle further into sunscreen it will incur additional cost of $16 which brings the total cost to $27 and it can only be sold for $26 which brings a loss of $1 invariably cost is greater than revenue.

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3 years ago

Assume that a $1,000,000 par value, semiannual coupon U.S. Treasury note with four years to maturity has a coupon rate of 4%. Th

Veronika [31]

Answer:

$8,744,669.10

Explanation:

<em>Using the MS Excel Present value function</em>

Value of the note = PV(Rate, Nper, PMT, -FV, Type)

Value of the note = PV(7.7%/2, 4*2, -1000000*4%/2, -1000000)

Value of the note = 8744669.0978

Value of the note = $8,744,669.10

So, the value of the Treasury note is $8,744,669.10

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2 years ago

Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this year's financial statements. He has gathered the follow

never [62]

Answer:

210,421 Long-Term Liabilities

Explanation:

We are going to use the accounting equation to solve for long term liabilities

$Assets = Equity + Liabilities\\Liablities = short\: term + long\: term$

Total Assets

cash 23,015

Account Receivables 141,258

Inventory 213,000

other current assets 11,223

PPE 714,100

goodwill and other assets 78,656

Total Assets 1,181,252

common stock 311,300

retained earnings 512,159

Total equity 823,459

We use he accounting equation to get total liabilities:

1,181,252 - 823,459 = 357,793 Total Liabilities

Now we calcualte the short-term debt

126,257 Account Payable

21,115 short-term Note Payable

Total Current Liabilities 147,372

And with this, the diference between short-term adn total liabilities is the long-term liabilities

357,793 - 147,372 = 210,421 Long-Term Liabilities

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3 years ago

A stock just paid a dividend of d0 = $1.50. the required rate of return is rs = 10.26%, and the constant growth rate is g = 4.0%

PtichkaEL [24]

Answer:

The current stock price is $25.

Explanation:

Since the dividend is $1.50

The required Rate of return is 10.26%

Constant growth rate is 4.0%

Therefore,

The current stock price is

= dividened x (1+constant growth rate)/required Rate of return - constant growth rate.

=$1.50 x (1+ 4%)/10.26% - 4.0%

=$1.50 x (1+0.04)/0.1026 - 0.04

= $1.50 x (1.04)/0.0626

=$1.56/0.0626

=$24.92

The current stock price is therefore $25. Approximated to the nearest dollar.

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3 years ago

The price that a person is willing to pay for a product or service is a good indication of a. the total cost of the resources us

Citrus2011 [14]

Answer: Option (d) is correct.

Explanation:

The individual's willingness to pay for a product tells us about the value or worthiness of that good to that individual and people attached these value on the product according to the utility that they are getting from the product. So, firms observed these individual behaviors to set the price of a commodity or a good. They are trying to set prices below or equal to the willingness of the individuals.

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3 years ago