Answer:
9.14%
Explanation:
Calculation for YTM
First step is to use financial calculator to find the I which represent Interest rate
FV = 1,000
PMT= 1,000*8.4%/2= 42
N= 9years*2= 18
PV= -955
Hence,
I= 4.57%
Now let calculate YTM
YTM = 4.57%*2
YTM =9.14%
Therefore YTM will be 9.14%
Answer:
The agency collected $ 622.5.
Explanation:
Since HRH Collection Agency keeps a collection fee of 25% of any amounts collected, to determine how much did the agency collect on a bad debt if the agency forwarded $ 2490 to a client, the following calculation must be performed:
2490 x 0.25 = X
622.5 = X
Therefore, the agency collected $ 622.5.
Answer:
c. democratic
Explanation:
Democratic leadership can also be called participative leadership in this kind of leadership the leader deligates duties just like what Gary Downs did in other to find solution to a problem.
Answer:
The weekly production for version A be 100 units
Explanation:
According to the given data we have the following:
The Total aggregate forecast for the year=10,400 units
Number of weeks per year=52 weeks
The weekly production=Total aggregate forecast for the year/ numer of weeks
The weekly production=104,00/52=200 units
Therefore, the weekly production for version A=50%of 200 units
The weekly production for version A=100 units
The weekly production for version A be 100 units
Answer:
1 $126
2 $140
3 90%
Explanation:
1. Overhead applied = Closing balance of job - (opening balance of job + prime cost added to the job during the month
= $1,921 - ($1,235 + $560)
= $1,921 - $1,795
= $126
2. Direct labor for job 46 for July.
Direct labor = prime cost / ( 3 parts of direct materials + 1 part of direct labor)
Direct labor = $560 / 4
Direct labor = $140
Therefore, direct labor for job 46 for July is $140
Direct materials for job 46 for July
= Direct labor cost × 3(This is due to the fact that prime cost includes 3 parts of direct materials
= $140 × 3
= $420
3. Overhead rate for the company
= [($126 / $140) × 100
= 90%
