Research suggests that up to ___________ of manufacturing firms are using some form of lean in their business. 20% 30% 50% 70%

An investor purchases a 15-year, $1,000 par value bond that pays semiannual interest of $40. If the semiannual market rate of in

ra1l [238]

Answer:

Bond Price= $846.3

Explanation:

Giving the following information:

YTM= 0.05

Maturity= 15*2= 30 semesters

Par value= $1,000

Coupon= $40

To calculate the price of the bond, we need to use the following formula:

Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price= 40*{[1 - (1.05^-30)] / 0.05} + [1,000 / (1.05^30)]

Bond Price= 614.90 + 231.38

Bond Price= $846.3

6 0

3 years ago

Tech Solutions is a consulting firm that uses a job-order costing system. Its direct materials consist of hardware and software

Whitepunk [10]

Answer:

Tech Solutions

1. The predetermined overhead rate is:

= $6

2. The total job cost for the Xavier Company engagement is:

= $79,470

Explanation:

a) Data and Calculations:

Estimated direct labor-hours for the year = 55,000

Estimated fixed overhead cost = $302,500

Estimated variable overhead cost ($0.50 per DLH) = $27,500

Total overhead costs = $330,000 ($27,500 + $302,500)

Actual overhead cost for the year = $321,300

Actual total direct labor-hours = 58,850

Predetermined overhead rate = $6 ($330,000/55,000)

Xavier Company's Job:

Direct materials $ 50,850

Direct labor cost $ 27,300

Direct labor hours worked 220

Applied overhead = $1,320 ($6 * 220)

Total job cost = $79,470

6 0

3 years ago

Imagine that the government statisticians who calculate the inflation rate have been updating the basic basket of goods once eve

exis [7]

The substitution bias causes an inflation rate calculated using a fixed basket of goods over time to overstate the true rise in the cost of living because it does not take into account that people can substitute away from goods whose prices rise disproportionately.

Explanation:

When the price of a good rises, consumers tend to purchase less of it and to seek out substitutes instead.

On the other hand , if the price of a good falls, people will tend to purchase more of it and not opt for its substitutes

This concept implies that goods with generally rising prices should tend over time to become less important in the overall basket of goods used to calculate inflation, while goods with falling prices should tend to become more important for the calculation of inflation

The quality/new goods bias causes inflation calculated using a fixed basket of goods over time to overstate the true rise in cost of living because improvements in the quality of existing goods and the invention of new goods are not taken into account. 

6 0

3 years ago

Suppose the price of gasoline increases and that sport utility vehicles get poor gas mileage compared to other available cars. O

a_sh-v [17]

Answer:

b

Explanation:

If the sport utility vehicle has a bad mileage, it means that it burns fuel quickly, so you would have to buy gasoline more frequently.

sport utility vehicle is a complement for gasoline

Complementary goods are goods that are consumed together

If the price of gasoline increases, it would become more expensive to maintain sport utility vehicle. As a result, the demand for sport utility vehicle would decrease. this would shift the demand curve for sport utility vehicle inward.

A increase in the price of gasoline would result in a decrease in the quantity demanded of gasoline and not a reduction in demand.

7 0

3 years ago

Oxley throws a rock intending to hit pieter but misses and hits ricardo who sustains an injury. ricardo can most likely recover

Jlenok [28]

Ricardo can most likely recover the cost of his injury from oxley in a suit based on the tort theory of outrage. This theory is also called the Intentional infliction of emotional distress (IIED). It is a common law tort which allows individuals to recover for severe emotional distress caused by another individual that intentionally or recklessly inflicted emotional distress by behaving in an extreme and outrageous way.

3 0

3 years ago

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