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aleksley [76]
3 years ago
6

A customer buys $100,000 of a new issue 30 year U.S. Government bond at 80. At maturity, the customer will have:

Business
1 answer:
exis [7]3 years ago
3 0

Answer: No capital gain or loss

Explanation:

The bonds were bought at discount but will be redeemed at par. This does not mean that there will be a capital gain because the discount will simply be added back to the value of the bond overtime.

When the bond then gets to maturity, the discount would simply have been added back because the bond is to be redeemed at par. Because the bond was always going to be redeemed at par, the difference in price is not considered a capital gain.

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The company XOXO is specialized in producing treadmills. The company allocates manufacturing overhead based on direct labor hour
Sphinxa [80]

Answer:

XOXO

1. Predetermined Manufacturing Overhead (MOH) rate = estimated overhead divided by total direct labor = $4,600/460  = $10 per direct labor

2. Analysis of cost per set for Job 12:

Raw materials:

Electronic parts: 40 units at $20 per unit  = $800

Plastic: 10 kilograms at $10 per kilogram        100

Labor hours: 60 hours at $25 per hour      1,500

Manufacturing overhead applied $10 per    600

 labor hour

Total Cost                                                 $3,000

Divided by 30 sets = $100 per set

Explanation:

The manufacturing overhead rate is the rate at which overhead will be charged to the jobs completed as part of the cost of production.  As an estimate, it can be overapplied or underapplied.

6 0
3 years ago
56
SOVA2 [1]

bro it's so lengthy

5 0
3 years ago
Meena Chavan Corp's computer chip production process yields DRAM chips with an average life of 2,000 hours and s = 120 hours. Th
AnnZ [28]

Answer: a.)Cp= 1.25 ; b.) process is very capable ; c.) 0.83 ; d.) does not meet requires specification.

Explanation:

Given the following ;

Average chip life = 2000 hours

Standard deviation = 120 hours

Tolerance upper specification limit = 2600 hours

Tolerance lower specification limit = 1700 hours

A.) process capability ratio (Cp) :

Cp = (Upper specification limit - Lower specification limit) ÷ 6(standard deviation)

Cp = (2600 - 1700) ÷ (6 × 120)

Cp = 900 ÷ 720 = 1.25

B.) Capability ratio of 1.25 demonstrated that it is very capable.

C.) process capability ratio index(Cpk) :

Mean (X) = (Upper specification limit(US) - Lower specification limit(LCL))

Mean(X) = 2000

Lower Cpk = (X - LSL) ÷ 3(standard deviation)

Lower Cpk = (2000 - 1700) ÷ (3 × 120)

Lower Cpk = 300 ÷ 360 = 0.83

Upper Cpk = (USL - X) ÷ (3 × Standard deviation)

Upper Cpk = (2600 - 2000) ÷(3×120)

Upper Cpk = 600 ÷ 360 = 1.67

Cpk = Minimum_of (Upper Cpk, Lower Cpk)

Cpk = Minimum_of (1.67,0.83)

Cpk = 0.83

D.) Cpk < 1.0, shows that it does not meet required specification.

3 0
3 years ago
Read 2 more answers
The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance a
Rasek [7]

Answer:

<u>Bank Reconciliation Statement as of July 31, 2017</u>

Balance at Bank as per cash book (up to date)     $35,480

Add Unpresented Cheques :            

No. 3031                                                                      $1,570

No. 3065                                                                        $561

No. 3069                                                                     $2,338

Less Lodgements not yet credited                          ($10,132)

Balance as per Bank Statement                               $29,817

Explanation:

Step 1 Bring the Cash Book (Bank Balance ) up to date

Debit :

Balance as at July 31                                             $25,699

Note Payable                                                           $9,000

Evan Shaw                                                                   $805

Totals                                                                      $35,504

Credit:

Check No. 3056 Understated                                     $10

Bank service charge                                                     $14

Balance (Up to date)                                             $35,480

Totals                                                                      $35,504

Step 2 Prepare a  bank reconciliation for this company

<u>Bank Reconciliation Statement as of July 31, 2017</u>

Balance at Bank as per cash book (up to date)     $35,480

Add Unpresented Cheques :            

No. 3031                                                                      $1,570

No. 3065                                                                        $561

No. 3069                                                                     $2,338

Less Lodgements not yet credited                          ($10,132)

Balance as per Bank Statement                               $29,817

4 0
3 years ago
Which of the following is NOT a necessary condition for oligopoly? differentiated products barriers to entry strategic dependenc
stepladder [879]

Answer:

differentiated products.

Explanation:

An oligopoly occurs when a few large firms dominate a market and they aim to maximise profit. The action of one firm has significant effect on the market, so the firm's are interdependent.

There are high barriers to entry including use of government liscences, patents, economies of scale, and actions taken by firms to discourage entry into the market.

However differentiation of products is not a necessary condition for oligopoly. Products can be homogenous or differentiated.

8 0
3 years ago
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