Answer:
Explanation:
Rordan Corporation
Direct Labor Budget
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
Year
Required production in units:
1st Quarter = 8, 000
2nd Quarter = 6, 500
3rd Quarter = 7, 000
4th Quarter = 7, 500
Year = 29, 000
Direct labor time per unit (hours):
1st Quarter = 0.35
2nd Quarter = 0.35
3rd Quarter = 0.35
4th Quarter = 0.35
Total direct labor hours needed:
1st Quarter = 2, 800
2nd Quarter = 2, 275
3rd Quarter = 2, 450
4th Quarter = 2, 625
Year = 10, 150
Direct labor cost per unit:
1st Quarter = $12
2nd Quarter = $12
3rd Quarter = $12
4th Quarter = $12
Total direct labor cost:
1st Quarter = $12 x 2, 800 = $33, 600
2nd Quarter = $12 x 2, 275 = $27, 300
3rd Quarter = $12 x 2, 450 = $29, 400
4th Quarter = $12 x 2, 625 = $31, 500
Year = Q1 + Q2 + Q3 + Q4 = $121, 800
Answer: Option E
Explanation:
A. Poor quality inventory will not be sold leading to excess of it thus it is a reason.
B. Large set up times will lead to loosing of customers, thus, reason for excess inventory.
C. Unreliable equipment urges for overproduction while the equipment is working efficiently thus it is a reason for excess inventory.
D. Poor employee relationships effects organisation process which might lead to delay in sales thus, a reason for excess inventory.
E. Workers union establishes efficiency in the work performance of labor, thus, it is not a reason in excess inventory.
Answer:
yield to maturity = 9.78%
Explanation:
yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / n]]
YTM = {$50 + [($1,000 - $913) / 2]} / [(($1,000 + $913) / 2]] = $93.50 / $956.50 = 0.09775 = 9.78%
The yield to maturity represents the total rate of return that an investor should receive if he/she holds a bond until it matures.
The total costs = Total variable costs + Total fixed costs
Given,
Average variable costs = $ 40
Average fixed cost = $ 10
Tablets produced during the year = 250
Total variable cost = Average variable costs × Tablets produced during the year
Total variable cost = 250 tablets × $ 40 = 10,000
Total fixed cost = Average fixed costs × Tablets produced during the year
Total fixed cost = 250 tablets × $ 10 = $ 2,500
Total costs = Total variable cost + Total fixed cost
Total costs = $ 10,000 + $ 2,500 = $ 12,500
Answer:
C. Mortgage bond rated AAA is the correct answer.
Explanation:
