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Firdavs [7]
3 years ago
6

Using the information below for Sundar Company; determine the total manufacturing costs added during the current year:

Business
1 answer:
defon3 years ago
3 0

Answer: $96,500

Explanation:

Manufacturing cost includes all the costs that went into production in a period including direct costs and manufacturing overhead:

= Direct materials + Direct labor + Manufacturing Overhead

Manufacturing overhead = Beginning work in process + Factory overhead - Ending work in process

= 11,200 + 52,600 - 11,800

= $52,000

Manufacturing cost = 19,500 + 25,000 + 52,000

= $96,500

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Maria plans to leave her estate to her brother, Juan. Juan has become Maria's
Kipish [7]
A is your answer hope this helps
5 0
3 years ago
An insurer sells a very large number of policies to people with the following loss distribution: $100,000 with probability 0.005
kogti [31]

Answer:

a) $2000

b)  $1,886.7925

C) $2,036.7925

Explanation:

First, the question states to determine the expected claim cost per policy

Expected Claim Cost represents the fund required to be paid by an insurer for a particular contract or a group of contracts as the case maybe. This is usually based on the policy taken.

A) Expected Claim Cost per policy

= (Policy Loss Value A x its probability) + (Policy Loss Value B x its probability) + (Policy Loss Value C x its probability)+(Policy Loss Value D x its probability)+ (Policy Loss Value E x its probability)

= ( (100000 x 0.005 )+ (60000 x 0.010) + (20000 x 0.02) + (10000 x 0.05) + 0 = $2000

Part B: discounted expected claim cost per policy

Since, the sum of $2000 is expected to be paid by the insurer by the end of the year, the interest to be earned based on the rate  (discounting used)

=$2,000 ÷ (1  + 0.06)

= $1,886.7925

Part C:: Determine the Fair Premium

Fair Premium is calculated as follows

The discounted policy claim cost + the Processing Cost per application + The fair profit loading

= $1,886.7925+ $100+50 = $2,036.7925

3 0
3 years ago
ART has come out with a new and improved product. As a result, the firm projects an ROE of 27%, and it will maintain a plowback
emmasim [6.3K]

Answer:

$41.14

Explanation:

Dividend per share=$4

Divided=1-retained profits=1-.2=.8

Cost of equity=15%

Growth rate=27%*.2=5.4%

The formula is;

Current Stock price=Dividend/(cost of equity-growth rate)

Current stock price=4(1-.2)/(.15-.27*.2)=$33.33

Share price after 4 year will be=$33.33(1+.27*.2)^4=$41.14

4 0
3 years ago
Zeus industries bought a computer for $2868. it is expected to depreciate at a rate of 18% per year. what will the value of the
Natali [406]
Year 1: $2351.76
year 2: $1928.44
year 3: $1581.32
year 4: $1296.69

Depreciation Amount = Asset Value x Annual Percentage

Decreased Value = Asset Value - Depreciation Value
5 0
3 years ago
A radiology clinic is considering buying a new $700,000 x-ray machine, which will have no salvage value after installation becau
meriva

Answer: c. Ten years, because maintenance costs don't increase.

Explanation:

With the maintenance costs constant at $24,000 a year, the machine is still expected to go 10 years before it's x-ray source is depleted and it has to be scrapped.

This means that the useful life is therefore 10 years because the maintenance cost will not increase but will still keep the machine going for 10 years.

6 0
3 years ago
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