Answer:
D. $220,000
Explanation:
In order to calculate the selling price of each of the remaining 6 homes, we need to do the following calculations shown below:
As the average of 15 homes is $200,000 each. Therefore, the total price would be
= $200,000 × 15
= $3,000,000
Now for 4 houses, the selling price would be
= $170,000 × 4
= $680,000
And for 5 homes, the selling price would be
= $200,000 × 4
= $1,000,000.
Now the selling price for 6 homes would be
= $3,000,000 - $680,000 - $1,000,000
= $1,320,000
And the average would be
= $1,320,000 ÷ 6 homes
= $220,000
Answer:
an operating profit
Explanation:
Where:
The sales, after variable cost, generate a contribution, this contribution in relationship with sales can be measure as a ratio.
And this ratio applied to fixed cost get us the sales level at which the company can aford both, their fixed cost and variable cost.
<u>Resuming:</u>
The break even is the sales level which generate enough contribution to pay up the fixed cost and the variable cost generated for the sales.
If sales are higher than BEP then it will pay their variable and fixed cost and also make a profit.
Answer:
The current yield is 5.2% and capital gain is 2.63%.
Explanation:
The par value of bond = $10000
Current price = $9500
Annual coupan payment = 5%
Annual coupan payment = 10000 × 5% = $500
Now calculate the current yield.
The current yield = annual coupon payment / current price
The current yield = 500 / 9500 = 0.052 or 5.2%
Now calculate the capital gain. In the question, it says that it starts at $9500 so its original price is 9500.
Capital gain yield = (9750 – 9500) / 9500 = 0.0263 or 2.63%
Answer:
Limited partnership.
Explanation:
Limited partnership is a business that is set up by people who want to run a partnership together but where one or more of the partner is only interested in investing in the partnership without the desire to be involved in the day to day running as well as the right to take decision concerning the partnership, such an arrangement is called Limited partnership. The liability of the Limited partner is limited to the amount of capital contributed.
The other type of partner is general partner who is involved in the day to day running of the firm and has unlimited liability for the debt of the partnership.,
Answer:
<u>The cost of goods manufactured. $ 205,000 </u>
Explanation:
Raynor Company
<u>The Cost of Goods Manufactured Statement </u>
$
Direct labor 76,000
Direct materials used 84,000
<u>Total manufacturing overhead 60,000
</u>
Total Manufacturing Costs $ 220,000
Add Beginning work in process 30,000
<u>Less Ending work in process 45,000
</u>
<u>The cost of goods manufactured. $ 205,000 </u>
<u />
The cost of goods manufactured gives an estimate of the costs incurred in a given period . It includes total manufacturing costs and beginning work in process . The ending work in process is deducted from it .