Answer:
65%
Explanation:
Calculation to determine its predetermined overhead rate for the next period should be:
Using this formula
OH rate = Estimated overhead next period/direct labor
Let plug in the formula
OH rate = $65,000/$100,000
OH rate = 65%
Therefore If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should be: 65%
It is the property taxes that go along with the mortgage monthly payment
So the answer is C: Property taxes
The lender will generally set up an escrow account to cover for the property taxes and pay these items on your behalf when they are due
Answer:
Margin of safety= $12,000
Explanation:
Giving the following information:
Moe's Pizza Shop sells a large pizza for $12.00. Unit variable expenses total $8.00. The breakeven sales in units are 7,000 and budgeted sales in units are 8,000
To calculate the margin of safety in dollars, we need to use the following formula:
Margin of safety= (current sales level - break-even point)
Margin of safety= (8,000*12) - (7,000*12)= $12,000
Answer/Explanation:
Statistics educators often talk about their desired learning goals for students, and invariably, refer to outcomes such as being statistically literate, thinking statistically, and using good statistical reasoning. Despite the frequent reference to these outcomes and terms, there have been no agreed upon definitions or distinctions. Therefore, the following definitions were proposed by Garfield (2005 and have been elaborated in Garfield and Ben-Zvi (2008).
Statistical literacy is regarded as a key ability expected of citizens in information-laden societies, and is often touted as an expected outcome of schooling and as a necessary component of adults’ numeracy and literacy. Statistical literacy involves understanding and using the basic language and tools of statistics: knowing what basic statistical terms mean, understanding the use of simple statistical symbols, and recognizing and being able to interpret different representations of data (Garfield 1999; Rumsey 2002; Snell 1999)
Answer:
Sam change: -5.13%
Dave change -18.01%
Explanation:
If interest rate increase by 2%
then the YTM of the bond will be 9.3%
We need eto calcualte the present value of the coupon and maturity of the bond at this new rate:
<em><u>For the coupon payment we use the formula for ordinary annuity</u></em>
Coupon payment: 1,000 x 7.3% / 2 payment per year: 36.50
time 6 (3 years x 2 payment per year)
YTM seiannual: 0.0465 (9.3% annual /2 = 4.65% semiannual)
PV $187.3546
<u><em>For the maturity we calculate usign the lump sum formula:</em></u>
Maturity: $ 1,000.00
time: 6 payment
rate: 0.0465
PV 761.32
Now, we add both together:
PV coupon $187.3546 + PV maturity $761.3154 = $948.6700
now we calcualte the change in percentage:
948.67/1,000 - 1 = -0.051330026 = -5.13
For Dave we do the same:
C 36.50
time 40
rate 0.0465
PV $657.5166
Maturity 1,000.00
time 40.00
rate 0.0465
PV 162.34
PV c $657.5166
PV m $162.3419
Total $819.8585
Change:
819.86 / 1,000 - 1 = -0.180141521 = -18.01%