Answer:
The standard direct labor rate per hour is 1.3 hours
Explanation:
For computing the standard direct labor rate per hour, we have to use the equation which is shown below:
= Standard production time + allowance for rest periods + setup time
where,
Standard production time is 1 hour per unit
Allowance for rest period is 0.2 hours
Setup time is 0.1 hours
Now put these values to the above formula
So, the answer would be equal to
= 1 hour per unit + 0.2 hours + 0.1 hours
= 1.3 hours
The other information which is given in the question is irrelevant. Thus, it is ignored and therefore, it is not consider in the computation part.
Hence, The standard direct labor rate per hour is 1.3 hours
Answer:
Convertible Bonds
Explanation:
Convertible Bonds are debt securities which yield annual coupon rate of return, are redeemable after a period and during their life provide an option to the holder of such securities to get these converted into common stock based upon the conversion ratio.
Conversion ratio refers to the number of common stock that would be issued in return for a bond.
In the given case, Harry holds a security which provides him fixed return by law i.e obligatory for the borrower to pay him interest every year, expire after 10 years i.e period to maturity in addition to allowing him a conversion ratio of 50 i.e 50 common stocks for every bond held.
Thus, Harry owns a 10 year convertible bond.
Answer:
$280
Explanation:
Calculation to determine what The cost per equivalent unit of production for direct materials is
Cost per equivalent unit of production= Direct material costs ÷ direct material units
Cost per equivalent unit of production= $280,000 ÷ 1,000 units
Cost per equivalent unit of production= $280
Therefore The cost per equivalent unit of production for direct materials is $280
Here is a present value equation which is a geometric sequence
i = monthly int rate
v = 1/(1+i)
20 yr loan (240 months)
<span>155,000 = P(v + v^2 + ...v^240)
</span>
15 yr loan (180 months)
<span>155,000 = P(v + v^2+ ...v^180)
</span>Use formula for sum of geometric series:
<span>Sn = v + v^2 + ...vn = <span><span>v(1−vn) / </span><span>1−v
</span></span></span><span>
Now you can find the monthly payments for each loan.
Multiply the payment by length of loan to get total payment, subtract loan amount to get total interest paid.
The answer would be </span><span>$40,013.40.</span>
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