Forging is the process of applying thermal and mechanical energy to steel billets or ingots to result into a changed shape of the material while in a solid state. The raw material is solid metal in this case.
Answer:
quantity supplied of labor at the sailboat factory will increase.
Explanation:
If it happens that the sailboat manufacturer increases the hourly wage paid to his employees, then the more employees will rush to the sailboat thereby increasing the quantity supplied of labor at the sailboat factory.
The group of accounts maintained by a company. -The entire group of accounts maintained by a company is called ledger. A ledger balance is computed by a bank at the end of each business day and includes all withdrawals and deposits to calculate the total amount of money in a bank account
Answer: $41,000
Explanation:
40% of conversion for the beginning work in process so 60% is left.
= 40% * 10,000 * 2.5 ( cost of conversion)
= $10,000
All the units were finished and transferred out so the cost attached will be;
= Materials cost + Conversion cost + Conversion cost for the beginning inventory
= 20,000 + 11,000 + 10,000
= $41,000
Answer:
Explanation:
Current price = Annual coupon*Present value of annuity factor(7.2%,12)+$1000*Present value of discounting factor(7.2%,12)
1142.60=Annual coupon*7.85871162+$1000*0.434172763
1142.60=Annual coupon*7.85871162+434.172763
Annual coupon=(1142.60-434.172763)/7.85871162
Annual coupon = $90.14
Coupon rate=Annual coupon/Face value
=$90.14/$1000
=9.01%