Conversion costs are the combination of direct labor costs plus factory overhead costs. Hence, conversion costs exclude the cost of direct materials.
So, here the conversion cost = Direct labor cost + Factory overhead cost
= $ 84,000 + $ 45,500
= $ 129,500
At least 20% should go to ur savongs
Answer:
Price of Bond=$871.997
Explanation:
<em>The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity.</em>
<em>Price of Bond = PV of interest payment + PV of redemption value</em>
PV of interest payment
interest payment = 5%× 1,000 = $50
PV = A × (1- 1+r)^(-n)/r
r- 6.2%, n- 18, A- 50
PV = 50 × (1 -1.062^(-18))/0.062=533.341
PV of redemption
PV = FV × (1+r)^(-n)
PV = 1,000 × 1.062^(-18)= 338.655
Price of the stock = 533.3419 + 338.655
Price of Bond=$871.997
Answer:
$1,009.75
Explanation:
Since Martin Jackson worked 46 hours during the week and normal weekly working hours is 40, he'll be paid standard wage rate for 40 hours and time-and-a-half pay for all hours worked in excess of 40 hours during a week.
Hence Gross Pay = [($30 × 40 hours) + ($30 × 1.5 × 6 hours)] = $1,470
Net Pay = Gross Pay - (Federal Income Tax + Social Security Tax + Medicare Tax)
The net pay will be his gross pay less all statutory deductions
Net Pay = $1,470 - [$350 + ($1,470 × 6.0%) + ($1,470 × 1.5%)] = $1,009.75
The cat is a good life story but it was a lot better and more fun than that I think I was kind
