Answer:
The minimum price which the company should not go below is $26.00
Explanation:
The minimum price which the company should not go below is the price which covers all cost of manufacturing and non-manufacturing to meeting the special, one-time-only order.
Thus we need to calculate the per unit cost of the special order.
<u>Unit cost of the special order</u>
Direct materials $ 13.00
Direct labor $ 7.00
Variable manufacturing overhead $ 6.00
Total Cost $26.00
Note
All fixed cost are<em> irrelevant</em> in this calculation as the cost would be incurred whether or not the special order is accepted.
Also the question specifically mentioned that "There would be no variable selling expense on this special order" We need not to include any variable selling expense
Answer:
the and is 3
Explanation:
it is related to headhunter
You need conversion in this problem to solve it. Since you are already given of all the data, you just need to utilize the data to come up with the answer. You simply have to divide the equivalent units of a barrel with the U.S. barrels and further divide it with the equivalent gallons of U.S. barrel. You can get $2.24 ($94 / 31.5 / 1.33).<span> </span>
Answer:
Price of share at end of year 6 = $43.94
Explanation:
Provided information we have,
Current dividend = $1
Growth rate for 6 years = 20%
Dividend at end of year 6 = $1
Future value factor of $1 @ 20% for 6 years = $1
2.985984 = $2.986 rounded off
After this dividend is supposed to grow at 3% thus Dividend at end of year 7 = $2.986 + 3% = $3.076
Therefore, using dividend growth model we have,

Where P6 = price at end of period 6 = to be calculated
D7 = Dividend paid at end of year 7 = $3.076
Ke = Required rate of return = 10%
g = constant growth rate = 3%
Thus, 
P6 = $43.94
Thus, price of share at end of year 6 = $43.94
Cant produce much for trade