Answer:
Lump sum= $5,663.26
Explanation:
Giving the following information:
Both options offer a rate of return of 11 percent.
The first option is to save $2,500, $1,500, and $3,000 at the end of each year for the next three years.
We need to determine the lump sum required to equal the final value of the first option.
First, we need to calculate the final value of the first option:
FV= PV*(1+i)^n
FV= 2,500*1.11^2 + 1,500*1.11 + 3,000= $7,745.25
We can calculate the lump sum using the same formula, but isolating PV:
PV= FV/(1+i)^n
PV= 7,745.25/1.11^3= $5,663.26
Total contribution margin = $3,000, standard models sold at break even=800, deluxe models sold at break even=400, superior models sold at break even=100
<u>Explanation:</u>
1.Using sales mix stated in the fact from Figure to form a package what is the total contribution margin?
total contribution margin =($150 multiply 8) plus ($200 multiply 4) plus ($1,000 multiply 1) = $3,000
2.Refer to Figure, What is the number of standard models sold at break even.
break even units =Fixed cost divide contribution margin per package
= $300,000 divide $3000 =100 package standard models sold at break even=100 package multiply 8 = 800
2.Refer to Figure, What is the number of deluxe models sold at break even.
break even units
=Fixed cost divide contribution margin per package = $300,000 divide $3000
=100 package deluxe models sold at break even = 100 package multiply 4
Answer:
D. Mangrove forests tend to increase the commercial fish populations in coastal fishing grounds
Explanation:
From the scenario, we can see that
''Loss of the Gocha mangrove forests has caused coastal erosion, reducing fish populations and requiring the Gocha Fishing Cooperative (GFC) to partially fund dredging and new shore facilities.''
From the above extract of the scenario it is clear that loss of mangrove forests reduces fish population. If the foregoing is true, then reduction in fish population implies reduction in the revenue of the Gocha Fishing Cooperative. Secondly the loss of mangrove forests has not only led to loss of revenue due to less fish but also increase in cost by having to fund dredging
Therefore, based on the fact that loss of mangrove leads to loss of fish and by extension revenue, planting more trees will lead to more fish and more revenue, apart from the fact that the cost of dredging will not have to be incurred leading to greater revenue.
The correct answer to this open question is the following.
Arbot Co. manufactures appliances at three manufacturing facilities in the United States. Each location has a plant manager who oversees the manufacturing process for that location. Segmented income statements are prepared for each plant and each product manufactured in the plant. The salary of each plant manager is a traceable fixed cost to the plant and a common fixed cost for the individual product lines made in the plant.
The traceable fixed cost for a corporation means that this cost has a relationship between cost and effect related to a particular area or region of the country, or related to a process just operated in a specific location. This traceable fixed cost is part of the equation because there is a peculiar business that includes it. Or there is a necessity to be covered.
Answer:
B. $24,000.
Explanation:
The computation of the depreciation per units under the units-of-production method is shown below:
= (Original cost - residual value) ÷ (estimated production units)
= ($180,000 - $20,000) ÷ (40,000 units)
= ($160,000) ÷ (40,000 units)
= $4 per unit
Now for the second year, it would be
= Production units in second year × depreciation per unit
= 6,000 units × $4
= $24,000
