Answer:
The sales unit to achieve a target profit of $6,250 is 545 units
The sales units to achieve to achieve a target profit of $9,400 is 590 units
Explanation:
The quantity at target profit=fixed cost+target profit/contribution per unit
fixed expense=$31,900
target profit $6,250
contribution per unit=$140-$70
=$70
unit sales at a target profit of $6,250=($31,900+$6,250)/$70
=545 sales units
fixed expenses $31900
target profit of $9400
contribution per unit is $70
unit sales at a target profit of $9,400=($31900+$9400)/$70
=590 sales unit
Answer:
0.104
Explanation:
We are to determine the yield to maturity of the bond
yield to maturity can be determined using a financial calculator
Cash flow in year 0 = -500
Cash flow each year from year 1 to 6 = 0
Cash flow in year 7 = 1000
YTM = 10.4%
To find the YTM using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
Answer:
Beneficiary recognized gain is $510000.
Explanation:
The amount paid by the decedent for the stock = $280000
The market value of the stock at the time of death = $500000
The selling price or the amount received by the beneficiary by the sell of stock = $510000
Since the recognized gain is calculated by subtracting the amount paid by the person to buy the stock from the amount that he receives from the sale of stock. But in this case, the beneficiary pays zero for the stock but gets all the money after selling.
Beneficiary recognized gain = amount received from the sell – the amount paid by the beneficiary.
= $510000 – 0
= $510000
Production budgets are used by manufacturers to determine the quantity of product units that will be produced. Based on the predicted sales, the production budget is chosen.
Regarding projected inventory levels, it is modified in accordance with the company's inventory policy. A manufacturer creates cost budgets for the direct materials, direct labour, and overhead expenses needed for manufacturing based on the production budget.
The company's inventory policy should be kept in mind while creating a production budget. The production budget is built on the sales budget, with changes made for starting and ending inventories.
The company's inventory management strategy affects the production budget as well. Depending on the company's strategic outlook, inventories may be increased or decreased.
For the given question, the production budget is prepared and attached in the form of an image.
Learn more about Production Budget here: brainly.com/question/13061264
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The answer to the first one would be higher costs and the answer to the second would be more i hope this is right and helps you