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3 years ago

Direct materials and direct labor of a company total $8300000. If manufacturing overhead is $4150000, what is direct labor cost

Business

1 answer:

iragen [17]3 years ago

5 0

Answer:

The direct labor cost cannot be ascertained from the information given in the question

Explanation:

Direct materials+Direct labor cost= $8300000

In order to determine the labor cost of the $8300000, we need a clue as to the percentage of the labor cost in the total of $8300000 or the portion of $8300000 that belongs to direct materials.

Since such a hint is missing,we can simply guess, costs incurred cannot be shared out on a basis that has no relationship with reality,hence, the correct answer is that the direct labor cost cannot be determined based on details provided.

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Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and se

iVinArrow [24]

Answer:

Coupon rate = 5.8%

Explanation:

The price of a bond is the present value (PV) of the future cash flows discounted at its yield.

So we will need to work back to ascertain the coupon rate

Step 1

Calculate the PV of redemption value and PV of interest payments

PV of Redemption

= 1.067^(-5) × 1000

=723.06

PV of the annual interest rate

= price of the bond - PV of redemption

= $964- 723.06

= 240.934

Step 2

Calculate the interest payment

Interest payment = PV of redemption value / annuity factor

Annuity factor =( 1 -(1+r)^(-n) )/r

Annuity factor at 6.7% for 5 years

Factor =( 1-1.067^(-5) )/0.067

= 4.1333

Interest payment = PV of the annual interest rate / Annuity factor

Interest payment=

=240.93/4.1333

=58.290

Step 3

Calculate the coupon rate

Coupon rate = interest payment/ par value

Coupon rate = (58.290/1000) × 100

= 5.8%

Coupon rate = 5.8%

4 0

3 years ago

A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of i

Pavlova-9 [17]

Answer:

true

Explanation:

The exchange rate is the rate at which one currency is exchanged for another currency

If interest rate is higher in a country compared to other countries, investors would be interested in investing in that country because they would earn a higher return for their investment.

As a result of the higher flow of funds into the economy with the higher interest rate, the demand for the country's currency increases. If the demand increases relative to supply, the value of that currency relative to other currencies increases and its exchange rate increases. this is what is referred to as currency appreciation

6 0

3 years ago

Jerry bought some pears at the store. he paid 4.59$ for 5.4 pounds of pears what is the unit rate?

Viefleur [7K]

To find the unit rate you will take the price Jerry paid and divide it by the amount in pounds of pears.

Unit rate = $4.59/5.4 lb
Unit rate = $0.85

You can check your answer by multiplying the amount of pears Jerry purchased by the unit price to get the total price.
(5.4 lb of pairs)($0.85) = $4.59

8 0

2 years ago

Eastern Electric expects to pay a dividend of $1.69 per share next year and sells for $24 a share. a. If investors believe the g

jonny [76]

Answer:

a. 9.04%

b. 4.96% approx.

c. 10%

Explanation:

a. As per dividend growth model,

Required rate of return = $\frac{D_{1} }{P_{0} } \ +\ g$