Answer:
7,000 units
Explanation:
Calculation for the number of units set forth in the production budget, representing total production for the current period
Using this formula
Number of units =Current period +Ending inventory - Beginning inventory
Where,
Current period =7,000 units
Ending inventory=400 units
Beginning inventory =400 units
Let make plug in the formula above
Number of units =7,000 units + 400 units-400 units
Number of units =7,000 units
Therefore the Number of units will be 7,000 units
Answer:
Pension plan assets at the year end will be $214
Explanation:
Wee have given pension plan assets = $200 million
Return on plan assets = 5%
So return will be equal to = $200×0.05 = $10 million
Cash contribution is given $12 million
Retiree benefits is $8 million
We have to find the amount of pension plan assets at the year end
Pension plan assets is equal to = Plan assets at beginning of the year + actual return - retiree benefits = $200 + $10 +$12 - $8 = $214
So pension plan assets at the year end will be $214
Answer:
Instructions are listed below
Explanation:
Giving the following information:
At the end of each year, she invests the accumulated savings ($1,825) in a brokerage account with an expected annual return of 8%. She will invest for 45 years.
A) We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {1825[(1.08^45)-1]}/0.08= $705,372.75
B) n= 25
FV= {1825[(1.08^25)-1]}/0.08= $133,418.34
C) FV= 705,372.75 A=?
We need to isolate A:
A= (FV*i)/{[(1+i)^n]-1}
A=(705,372.75*0.08)/[(1.08^25)-1]
A= $9,648.64
Answer:
Tremen's "Investment in Delany Company" account would have abalance of $3,214,000 at the end year of December 31 ,2021.
Explanation:
Dividend paid for the whole year = $170,000*4 = 680,000
= $3,070,000 + (40%)(1/2 of the year)($1,400,000 - $680,000
= $3,070,000 + 144,000
= $3,214,000
