It pretty much means it divides the task
Answer:
since there is not enough room here, I prepared two amortization schedules on an excel spreadsheet and I attached them
Explanation:
in order to determine the monthly payment, we can use the formula to calculate present value of an annuity:
PV = annuity payment x annuity factor
annuity payment = PV / annuity factor
- PV = $300,000
- annuity factor for 2.2% / 12 = 0.18333% and 180 periods = 153.1964438
I used an annuity calculator to determine the annuity factor
annuity payment = $300,000 / 153.1964438 = $1,958.27
we use the same formulas for the second question:
PV = annuity payment x annuity factor
annuity payment = PV / annuity factor
- PV = $300,000
- annuity factor for 2.7% / 12 = 0.225% and 360 periods = 246.54977
I used an annuity calculator to determine the annuity factor
annuity payment = $300,000 / 246.54977 = $1,216.79
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Answer:
See explanation
Explanation:
We first calculate weighted avg total break even point.
The formula or this is,
Total Break even = Total fixed costs / Weighted avg contribution
Weighted avg contribution = (Contribution of A12 * Weight of A12) + (Contribution of B22 * Weight of B22) + (Contribution of C124 * Weight of C124)
Contribution/ Product =
A12 = 61 - 43 = $18
B22 = 108 - 78 = $30
C124 = 413 - 316 = $97
Thus,
Weighted avg Contribution = (18*0.56) + (30*0.27) + (97*0.17) = $34.67
Total Break even = 249624/ 34.67 = 10085 units in total
Simply multiply total break even units with each products weight to calculate qty for each product to b produced.
A12 = 10085*0.56 = 5647.6 units
B22 = 10085*0.27 = 2722.94 units
C124 = 10085*0.17 = 1714.45 units
as per the sales mix.
We can also calculate how many units of each individual product are required for break even as,
A12 = 249624/18 = 13868 units
B22 = 249624/30 = 8320.8 units
C124 = 249624/97 = 2573.44 units
Hope that helps.
Answer:
Civil responsibility is the responsibilities of citizens to there State.
Explanation:
Abraham Lincoln defined democracy as the Government of the people, by the people, for the people.
Hence without the people exercising their civil right, democracy will be a failure.
Answer:
A corporate identity or corporate image is the manner in which a corporation, firm or business enterprise presents itself to the public.
Explanation:
