You should make sure to send a ____ letter to the person who interviewed you:

A company produces alternators for cars. They generally use a static budget with the following costs based on 8,000 units per mo

Daniel [21]

Answer:

$70,875

Explanation:

By definition, a flexible budget is when a budget has been adjusted or flexed to accommodate the changes in the level of activity.

If the company wanted to create a flexible budget for 9,000 units, then the value that would be recorded for variable costs will be:

Indirect materials, $22,000/8000*9000 = 24,750;

Indirect labor, $25,000/8000*9000 = 28,125 ;

Utilities, $12,000/8000*9000 = 13,500;

Supervision, $4,000/8000*9000=4,500

Total of variable costs = ........................70,875

3 0

3 years ago

A vendor allows a 2% discount if an invoice is paid within 10 days. a purchase was made for $5,000 on june 10 and paid on june 1

Kamila [148]

An invoice is a document given from the seller to the buyer stating the quantity of products bought, agreed prices and transactions made between the two parties. If the buyer bought the product in June 10 and decides to pay on the 19th, only 9 days have passed since the date of purchase. This is inclusive of the agreement written that 2% discount is given if paid not more than 10 days. Therefore, the check should be

($5,000)(1-.0.02) = $4900

8 0

3 years ago

Is the cost of equity calculated from the CAPM model, pre -tax or post-tax?

Natasha_Volkova [10]

The existence of pre-tax cost of debt and post-tax cost of debt is due to the acknoledgement of the tax benefit from issuing debt.There is no tax benefit from paying divdends,so it makes no sense talking about pre-tax,post-tax cost of equity for a firm.When you think about cash flow to equity you can only assume that the taxes owed by the company have already been paid.Now, the taxation over the income of the shareholder is a whole different issue that does not take place in this discussion,since it is not taken in consideration either in cost of equity or cost of debt.

3 0

3 years ago

Anderson Manufacturing Co., a small fabricator of plastics, needs to purchase an extrusion molding machine for $180 comma 000

vlabodo [156]

Answer:

1st 46,398.83

2nd 49,646.74

3rd 53,122.02

4th 56,840.56

5th 60,819.40

Explanation:

given a growing annuity we have to solve for the installement

$FV = \frac{1-(1+g)^{n}\times (1+r)^{-n} }{r - g}$

FV = PV (1+r)^5 = 180,000 x 1.14^5 = 346,574.62

grow rate 0.07

interest rate 0.14

n = time 5

$346,574.62 = C \times \frac{1-(1+0.07)^{5}\times (1+0.14)^{-5} }{0.14 - 0.07}$

C = 46398.8284

Now, to determiante the subsequent payment we multiply by the grow rate of 1.07

6 0

3 years ago

Majestic Manufacturing sold Jordans Furniture a living room set for an $8,550 list price with 40% trade discount. The $125 freig

Ira Lisetskai [31]

Very last price of dwelling room set = net cost + Freight = ($8,560*80%*ninety nine%) + $a hundred thirty= $6,909.fifty two

"At a reduction" is a word used to describe the practice of promoting shares, or other securities, underneath their modern-day marketplace price, similar to a sale of products at a retail status quo.

A trade discount is a quantity by means of which a producer reduces the retail charge of a product whilst it sells to a reseller, in place of to the give-up consumer.

An exchange discount is a subtraction from the list rate of the goods, allowed through the dealer to the customer at an agreed price. On the opposite, a coins cut price is a discount allowed to the client, whilst he/she makes coins payment of the goods bought, within the stipulated time.

Learn more about trade discount here: brainly.com/question/26588985

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4 0

2 years ago