Answer:
The budgeted selling expenses for the month of July is $220,000
Explanation:
The computation of the budgeted selling expenses are shown below:
= Sales commission + sales manager's salary + shipping expenses + miscellaneous selling expenses
where,
Sales commission = Sales × commission percentage
= $400,000 × 4%
= $16,000
Shipping expenses = Sales × expenses percentage
= $400,000 × 1%
= $4,000
The other expenses amount would remain the same
Now put these values to the above formula
So, the value would equal to
= $16,000 + $190,000 + $4,000 + $10,000
= $220,000
Answer:
56777
Explanation:
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The perpetual equivalent annual cost is - $35013
<h3 /><h3>The perpetual annual cost calculation</h3>
interest i = 10%
Period = n = 7 years
Formula
A/F = i/(1+i)^n-1
= 0.1/(1+0.1)^7-1
= 0.1054
The perpetual annual cost
= -250000*0.1-95000(0.1054)
= -25000-10013
= - 35013
Therefore the perpetual equivalent annual cost is $35013
Answer:
6%
Explanation:
Data provided as per question is as given below:-
Redeemed amount = $1,000
Sale value of Bond = $687.25
Number of year = 5
The computation of interest rate is as shown below:-
Interest rate = (Redeemed amount ÷ Sale value of bond) ^ (1 ÷ Number of Year) - 1
= (1,000 ÷ 747.25) ^ (1 ÷ 5) - 1
= (1.338) ^ (0.2) - 1
= 0.06
= 6%