Answer:
discount yield=7.17%
bond equivalent yield=7.34%
effective annual yield =7.64%
Explanation:
Discount yield =discount /face value*360/t
where t is the number of days to maturity
discount =face value -issue price
discount=100-97.63
discount=2.37
discount yield =2.37/100*360/119
discount yield=7.17%
bond equivalent yield=(1+periodic yield)^360/t-1
periodic yield =discount/face value=2.37/100=2.37%
bond equivalent yield =(1+2.37%)^(360/119)-1
bond equivalent yield=7.34%
effective annual yield=(1+HPY)^365/t-1
Holding period yield (HPY)=discount/price=2.37/97.63
HPY=2.43%
effective annual yield=(1+2.43%)^(365/119)-1
effective annual yield =7.64%
Are they trying to maximize the amount of fish & coconuts sold or that Is being bought? Can you add more details?
Answer:
$18,100 unfavorable
Explanation:
The computation of the total variable overhead variance is shown below:
Total variable overhead variance = Standard variable overhead cost - Actual variable overhead cost
where,
Standard variable overhead cost is
= 2 hours × 400 units × $8 per hour
= $6,400
And, the actual variable overhead cost is $24,500
So, the total variable overhead variance is
= $6,400 - $24,500
= $18,100 unfavorable
Since the actual variable overhead cost exceeds then the standard variable overhead cost so it reflects the unfavorable variance
