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3 years ago

HELP

1 answer:

azamat3 years ago

5 0

If those listed in the chart are all monthly payments that would mean the total monthly payments would be $5407 per month meaning an income equal to or greater than $64,884 would be needed to sustain the lifestyle represented in the chart (given that no vacation/sick days were taken and no other contributing factors were considered)

How to calc :

(1)Hourly - # of weeks = 52 or 48

(2)# of weeks times 40 to get hours worked

(3)Depending on ans to (2) 64884/ans to (2) to calc hourly rate

On 52 week year ;

Part time hourly - $62.39

Full time hourly $31.20

On 48 week year (seems to be the one asked for even though it’s inaccurate)

Part time hourly - $67.59

Full time hourly - $33.80

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Opera Corp uses the periodic inventory system. For the current month, the beginning inventory consisted of 7,200 units that cost

Kryger [21]

Answer:

$159,057

Explanation:

The computation of cost of goods sold is shown below:-

Total cost of goods available for sale = (7,200 × $10) + (4,000 × $13) + (12,000 × $13.50)

= $72,000 + $52,000 + $162,000

= $286,000

Total units = 7,200 + 4,000 + 12,000

= 23,200

Average cost per unit = Total cost of goods available for sale ÷ Total units

= $286,000 ÷ 23,200

= $12.33

So,

Cost of Goods sold = Sold units during the month × Average cost per unit

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= $159,057

Therefore for computing the cost of goods sold for the month we simply applied the above formula.

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3 years ago

Stealth Fitness Center issues 7%, 15-year bonds with a face amount of $200,000. The market interest rate for bonds of similar ri

Vladimir [108]

Answer:

market price of bonds = $219,597.35

Explanation:

Since the coupon rate is higher than the market rate, the bonds will be sold at a premium.

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2 years ago

Henson company applies overhead on the basis of 120% of direct labor cost. job no. 190 is increased with $140,000 of direct mate

DaniilM [7]

The total manufacturing costs for the Job No. 190 is 470,000. To get its direct labor cost, which is the basis of the Henson Company in applying its overhead at the rate of 120%, we need to divide the manufacturing overhead of $180,000 by the rate 120% to get the direct labor cost of 150,000. (180,000/210% = 150,000). To get the total manufacturing cost, you need to add the:direct materials- 140,000direct labor- 150,000manufacturing overhead- 180TOTAL= 470,000- this is the total manufacturing costs (Job No. 190)

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3 years ago

Mariano Manufacturing can issue a 25-year, 8.8% annual payment bond at par. Its investment bankers also stated that the company

aivan3 [116]

Answer: 10.13%

Explanation:

The after-tax return on the preferred shares would be:

= After-tax return + Premium required

= (8.8% * (1 - 25%)) + 1%

= 7.6%

For the preferred stock to be issued at par with the above after tax return:

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3 years ago

Comfy Inc. uses five yards of wool in each blanket it produces. Comfy’s production budget next year is 30,000 blankets. The anti

Kamila [148]

Answer:

wool purchased = 140,000 yards

Explanation:

given data

wool in each blanket = five yards

production budget = 30,000 blankets

beginning inventory = 30,000 yards

Ending inventory = 20,000 yards

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to find out

How many yards of wool should Comfy purchase

solution

we get first production in yards that is

production in yards = 30,000 × 5

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and

wool purchased will be

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wool purchased = 150,000 - ( 30000 - 20000 )

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3 years ago