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Bad White [126]
2 years ago
11

Bakan Corporation has provided the following production and average cost data for two levels of monthly production volume. The c

ompany produces a single product. Production volume 8,600 units 9,600 units Direct materials $ 98.70 per unit $ 98.70 per unit Direct labor $ 25.60 per unit $ 25.60 per unit Manufacturing overhead $ 73.20 per unit $ 69.20 per unit The best estimate of the total variable manufacturing cost per unit is:_______
Business
1 answer:
storchak [24]2 years ago
8 0

Answer:

$159.1

Explanation:

The computation of the total variable manufacturing cost per unit is shown below;

At 8,600 units,

The total cos is

= (Direct material per unit + Direct labor per unit + Manufacturing cost per unit) × Number of units

= ($98.70 per unit + $25.60 per unit + $73.20 per unit) × 8,600 units

= $197.5 per unit × 8,600 units

= $1,698,500

At 9,600 units

The Total cost

= ($98.70 per unit + $25.60 per unit + $69.20) × 9,600 units

= $193.5 per unit × 9,600 units

= $1,857,600

So, the best estimated would be;

= ($1857,600 - $1,698,500) ÷ (9,600 units - 8,600 units)

= $159,100 ÷ 1,000 units

= $159.1

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Field Industries' outstanding bonds have a 25-year maturity and $1,000 par value. Their nominal yield to maturity is 9.25%, they
skad [1K]

Answer:

The correct option is B,7.70%

Explanation:

Annual coupon interest rate=coupon payment/face value

the coupon payment is the semi-annual interest payment*2

the semi-annual interest payment can be computed using the pmt formula in excel:

=pmt(rate,nper,-pv,fv)

rate is the semi-annual yield to maturity which is 9.25%/2=4.625%

nper is the number of semi-annual interest payable by the bond which is 25*2=50

pv is the current price of the bond which is $850

fv is the face value of the bond at $1000

=pmt(4.625%,50,-850,1000)

pmt=$38.50

annual interest =$38.50*2=$77.00

Annual coupon interest=$77/$1000=7.7%

5 0
3 years ago
What best describes the difference between careers and industries
Mrac [35]

A job is something you do to in the short term to earn cash. A piece of work or task that you are paid for. A career is a long-term pursuit of a lifelong ambition. An occupation undertaken for a significant period of a person's life and with opportunities for progress.

I hope this helps you.

7 0
3 years ago
Return on investment (ROI) for a firm is _______. a. the firm's total assets multiplied by net profits after taxes b. a measure
Zarrin [17]

Return on investment (ROI) for a firm (B) measures management's overall effectiveness in generating profits with the available assets.

<h3>What is the return on investment?</h3>
  • A ratio between net income and investment is known as return on investment or return on costs.
  • A high ROI indicates that the returns on the investment outweigh the costs.
  • ROI is used as a performance metric to assess an investment's effectiveness or to compare the effectiveness of multiple distinct investments.
<h3>What are profits?</h3>
  • The difference between an economic entity's revenue from its outputs and the opportunity costs of its inputs is what is known as a profit.
  • It is equivalent to total income less total expenses, which includes both direct and indirect expenses.
<h3>What are assets?</h3>
  • Any resource that a company or other economic organization owns or controls is considered an asset in financial accounting.
  • Anything that has the potential to provide positive economic value qualifies.
  • The ownership value that can be turned into cash is represented by assets.

Therefore, return on investment (ROI) for a firm (B) measures management's overall effectiveness in generating profits with the available assets.

Know more about revenue here:

brainly.com/question/25623677

#SPJ4

3 0
2 years ago
Cost of Preferred Stock Torch Industries can issue perpetual preferred stock at a price of $57.00 a share. The stock would pay a
labwork [276]

Answer:

the company’s cost of preferred stock is 10.53%.

Explanation:

given information:

perpetual preferred stock = $57.00

a constant annual dividend = $6.00

to determine the company’s cost of preferred stock we can use the following formula

cost of preferred stock = \frac{ annual dividend}{preferred stock}

                                   = \frac{6.00}{57.00}

                                   =10.53%

therefore, the company’s cost of preferred stock is 10.53%.

8 0
3 years ago
The ________ created a multimember executive, whereas the ________ created a one-person executive
4vir4ik [10]
<span>The looser interpretation of the law created a multimember executive whereas the strict interpretation created a one-person executive. This filling in of the blanks creates an appropriate and meaningful sentence. Laws may be open to various interpretations. If "person" was thought to be a singular physical person, that would give rise to a strict interpretation for the purposes of the law and a "one-person executive". Operational definitions are important, and "person" could be interpreted as an "entity" or a "collective" in which case the looser interpretation of a law would be at play to create the "multi-member executive".</span>
5 0
2 years ago
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