Answer:
$270,000
Explanation:
Calculation of total manufacturing cost assigned to Job 436
Direct Materials
Dept A $50,000
Dept B $10,000
Direct Labor
Dept A ($80,000 x 1/2) $40,000
Dept B $60,000
Manufacturing Overheads
Dept A $80,000
Dept B ($60,000 x 50%) $30,000
Total $270,000
Therefore,
The total manufacturing cost assigned to Job 436 was $270,000.
Answer:
34.6%
Explanation:
The formula to compute the company's profit margin is shown below:
Profit margin = (Net income) ÷ (sales revenue) × 100
= ($92,400) ÷ ($267,000) × 100
= 34.60%
It shows a relationship between the net sales or sales revenue and the net income which is earned by the company. All other items which are mentioned in the question are irrelevant. So, these are not considered in the computation part. Hence, ignored it
Answer:
The dollar return is $45
nominal rate is 4.46%
real rate is 1.46%
Explanation:
The total dollar return on the bond can be calculated as: price today+coupon received-price paid last year
price today is $985
price paid last year $1010
coupon received =$1000*&7%=$70
dollar return=$985+$70-$1010
=$45
The nominal return on investment =dollar return return/price paid last year
=45/1010
=4.46%
nominal rate =real rate +inflation rate
real rate =nominal rate-inflation rate
nominal rate =4.46%
inflation rate=3%
real rate=4.46%-3%
real rate=1.46%
<u>Answer:</u>Probability of defect=0.617
<u>Explanation:</u>
Given
Mean ∑= 6
Standard deviation σ = 0.20
The standardized scores can be assumed as value <em>x </em>which has to reduced by mean value and divided by standard deviation.
<em>z= (x - </em>∑)/ σ
=(5.9-6)/0.20
=-0.5
<em>z= (x - </em>∑)/ σ
=(6.1-6)/0.20
=0.5
Calculation of probability of defect
<em>P(x≤5.9 or x ≥6.1)</em>
=<em>P(x≤-0.5 or x ≥0.5)</em>
<em>=2p(x≤-0.5)</em>
=2(0.3085)
Probability of defect=0.617
To find the number of units of defect the manfucturing units have to be multiplied with the probability value.
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