5. C. cost push
6. A. Demand
7. A. Law of Demand
8. A. The product isn't a Necessity
9. C. Demand
Answer:
a. $37,500
Explanation:
The formula for cost of goods sold is
Cost of goods sold = Opening stock + Purchases - Closing stock
Here, we were given the value of purchases only, which is $37,500
Therefore, cost of goods sold would be
= 500 grills purchased × cost of $75 each
Cost of goods sold = $37,500
Answer:
Results are below.
Explanation:
<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>
Cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
Cost of goods manufactured= 54,700 + (11,300 + 30,000 - 19,200) + 58,100 + 87,400 - 69,900
Cost of goods manufactured= $152,400
<u>Now, the cost of goods sold:</u>
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 33,600 + 152,400 - 43,600
COGS= $142,400
Answer:
Buckeye Industries has a bond issue with a face value of $1000. The value of Buckeye’s asset is $1200. In one year they will be worth either $800 or $1400. The going rate on T-bill is 4 percent. What is the value of debt, equity, and interest rate on debt?
Explanation:
Answer:
the lump sum that would equal the present value of the annual installments is $38,163,612
Explanation:
The computation of the lumspum amount is as follows;
= Cash flow × (1 - (1 + rate of interest)^-number of years) ÷ rate of interest)
= $89 million × (1 - (1 + 0.0765)^-26) ÷ 0.0765)
= $38,163,612
Hence, the lump sum that would equal the present value of the annual installments is $38,163,612
Therefore the above is calculated by applying the given formula