(A) If variances are prorated at the end of the accounting period, an unfavorable direct materials price variance will, when pro
1 answer:
You might be interested in
Answer:
YTM = 0.6940%
Explanation:
THe Yield to Maturity (YTM) is the return that you expect from the bond if you held the bond till maturity.
The formula would go as:
YTM =
Where
F is the face value, or par value
P is the current price
n is the time period, maturity period
Given,
F = 1000
P = 920
n = 12, we have:
YTM =
Thus, the yield to maturity would be:
YTM = 0.6940%
The standard deviation of sample equals: 11
Explanation:
Given:
variance of sample () = 121
no, of observations made = 441
standard deviation = ?
By using the formula:
Standard deviation (S) =
=
=
= 11
Hence the standard deviation is equal to 11.
Answer:
Total cost for 316 returns $3,962
Total cost for 408 returns $4,974
Total cost for 524 returns $6,250
Explanation:
The total cost incurred by Pharoah with the Mega Tax software is given by the fixed cost of $486, referring to the annual fees, added to the cost per tax return of $11 multiplied by the volume of returns filed (n):
i. if 316 returns are filed? (n = 316)
ii. If 408 returns are filed? (n = 408)
iii. If 524 returns are filed? (n = 524)
Total cost for 316 returns $3,962
Total cost for 408 returns $4,974
Total cost for 524 returns $6,250