How will unemployment trends impact a person's professional career choice?

Stuart Corporation estimated its overhead costs would be $23,200 per month except for January when it pays the $153,540 annual i

Stels [109]

Answer:

Results are below.

Explanation:

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

First, we need to calculate the annual estimated overhead and the annual estimated direct labor hours:

Total estimated overhead costs for the period= (23,200*12) + 153,540

Total estimated overhead costs for the period= $431,940

Total direct labor hours= (7,300*9) + (9,400*3)= 93,900

Predetermined manufacturing overhead rate= 431,940 / 93,900

Predetermined manufacturing overhead rate= $4.6 per direct labor hour

To allocate overhead, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

January:

Allocated MOH= 4.6*7,300= $33,580

March:

Allocated MOH= 4.6*7,300= $33,580

August:

Allocated MOH= 4.6*9,400= $43,240

Now, we can calculate the unitary cost:

January:

Unitary cost= (33,580/3,650) + 23.6 + 10.8

Unitary cost=$43.6

March:

Unitary cost= (33,580/3,650) + 23.6 + 10.8

Unitary cost=$43.6

August:

Unitary cost= (43,240/4,700) + 23.6 + 10.8

Unitary cost=$43.6

Finally, the selling price per unit:

Selling price= 43.6 + 21.5

Selling price= $65.1

4 0

3 years ago

A 12-year, 5 percent coupon bond pays interest annually. The bond has a face value of $1,000. What is the percentage change in t

Shalnov [3]

Answer:

Percentage change in price = 1.54%

Explanation:

The price of a bond is the present value (PV) of its interest payments and redemption value.

Note that interest payment = Coupon (%) × Face value

The coupon rate is 12% in this question

The redemption value is the amount payable upon maturity of the bond. Here, it is the face value.

So we discount these cash flows- interest payments and face value

Price of the bond at a yield of 6%

Interest rate payment = 6% × 1000 = 60

PV of interest payments = (1 - (1+r)^(-n))/r

r = yield, n = number of years

PV of interest:

60 × (1 - (1+0.06)^(-12))/0.06

= 60 × 8.3838

=$530.30

PV of redemption value = 1000 × (1+0.06)^(-12)

= 496.96

Price of Bond = 530.30 + 496.96 = $1027.26

Price of bond when yield is 5.5%

= 60 × (1 - (1+0.055)^(-12))/0.055

= 60 × 8.6185

=$517.11

PV of redemption value = 1000 × (1+0.055)^(-12)

= 525.98

Price of Bond = 517.11+ 525,98 = $1043.09

Percentage change in price =

=( (1043.09-1027.26)/1027.26) × 100

= 1.54%

8 0

4 years ago

All else equal, imposing taxes in markets where demand and supply are price- not only causes less but also raises more .

anygoal [31]

All else equal, imposing taxes in markets where demand and supply are price inelastic not only causes less inefficiency but also raises more revenue.

What is meant by price inelastic?

Inelastic is an economic term referring to the static quantity of a good or service when its price changes. Inelastic means that when the price goes up, consumers' buying habits stay about the same, and when the price goes down, consumers' buying habits also remain unchanged.

What is inefficiency in business?

Inefficiency is defined as a lack of organization or skill that wastes time, energy, or money. For business owners, it is the practice that sparks a worst-case scenario. Every penny spent on tools and software to make the business run smoother is the cost of running an efficient organization.

What do revenue means?

Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. Revenue, also known as gross sales, is often referred to as the "top line" because it sits at the top of the income statement. Income, or net income, is a company's total earnings or profit.

Learn more about demand and supply:

brainly.com/question/20072354

#SPJ4

6 0

2 years ago

What is money that interests can spend on behalf of candidates without being restricted by federal law

Rom4ik [11]

Answer: soft money

Explanation:

Hard money and soft money are just ways by which several kinds of currencies are being described. While hard money simply refers to coins, soft money is used to refer to the paper currencies.

Soft money can also refer to the cash that is being given to a particular political party that has no limits being attached. It is the money that interests can spend on behalf of candidates without being restricted by federal law.

3 0

3 years ago

Here’s Some VERY Helpful Business Advice

Marysya12 [62]

Answer:

haha there we go thx

6 0

3 years ago

Read 2 more answers