Liability insurance or legal liability
Answer:
400
Explanation:
Given:
Face Value of the bond = $4000
The fixed rate of interest is r = 10%
If f Jennifer were not to cash in the bond tomorrow, it means she have the value of $4000 after 4 years. But tomorrow she were to cash, so the interest she lose is:
I = FV*r = 4000*10% = 400
Answer:
a) $186,000
Explanation:
The computation of the total manufacturing cost is shown below:
= Direct material cost + direct labor cost + manufacturing overhead applied
= $62,000 + $78,000 + $46,000
= $186,000
Hence, the total manufacturing cost is $186,000
Therefore the correct option is A.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The number of RVs must be sold to attain the target profit before taxes: 130 units
Explanation:
The number of units must be sold to meet the target profit figure are calculated by using following formula:
The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.
RV USA estimates target profit before taxes of $150,000. Unit contribution margin is $5,000 and fixed costs are $500,000.
The number of units must be sold = ($500,000 + $150,000)/$5,000 = 130 units
Answer:
$5,200
Explanation:
The amount which is to be reported in the balance sheet is computed as:
Amount = Inventory × Current market value
where
As the presently the market price is $26. So, this amount will be considered while computing the inventory of the company.
Inventory is 200 units
Current market value is $26 per unit
Putting the values above:
Amount = 200 units × $26 per unit
Amount = $5,200
Therefore, $5,200 amount will be recorded in the balance sheet for the inventory amount.
