Answer:
$474,819
Explanation:
The computation of the amount of Data Processing costs is allocated to A is shown below:
Personal Cost
= 300,000 ÷ (12+20) × 12
= $112,500
And, the Data Processing Cost is
= 1000,000 ÷ (125,000 + 220,000) × 125,000
= 362,319
So, the Total cost is $474,819
International trade currently involves about ______________ worth of goods and services moving around the globe.
Answer:
$20 trillion
Explanation:
International trade can be regarded as exchange of capital as well as goods, and services between different international borders/ territories. This is so since there would always be a need or want for a particular goods or services. In most countries,gross domestic product are been represented. Types of international trade are;
1)Export Trade
2)Entrepot Trade.
3)Import Trade
It should be noted that International trade currently involves about $20 trillion worth of goods and services moving around the globe.
You managed a risky portfolio with an expected rate of return of 28% and a standard deviation of 78%. The T-bill rate is 5%. Your client stipulates that the complete portfolio's standard deviation should be less than 12%. What proportion of your client's total investment should be invested in the risky portfolio
Answer:
Portfolio standard deviation = Weight in Risky portfolio * Standard deviation of Risky portfolio
12% = Weight in risky Portfolio * 78%
Weight in risky Portfolio = 12% / 78%
Weight in risky Portfolio = 0.1538
Weight in risky Portfolio = 15.38%
Stock Weight Return Weighted Return
Risky portfolio 0.1538 28.00% 4.31%
Risk free Asset 0.8462 5.00% 4.23%
Portfolio Return 8.54%
2) Assume that you invest 5 percent of your salary and receive the full 5 percent match from East Coast Yachts. What EAR do you earn from the match
Answer:
The EAR you earn from the match is 100%.
Explanation:
Because you will receive a full 5% match if you invest 5% of your pay, this means you will earn 100% of the match up to 5%.
For instance, if you put in 5% of your salary which is determined to be $500 (i.e. $10,000 salary * 5%), East Coast Yachts will match that amount up to $500. This means that you will receive a 100 percent effective annual return (EAR) from the match.
As a result, the EAR you earn from the match is 100%.
Koczela Inc. has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 29,000 $ 24,000 Finished goods $ 58,000 $ 62,000 Additional information: Direct materials $ 69,000 Direct labor cost $ 99,000 Manufacturing overhead cost incurred $ 75,000 Manufacturing overhead cost applied to Work in Process $ 73,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The cost of goods manufactured for May is:
Answer:
cost of goods manufactured= $246,000
Explanation:
To calculate the cost of goods manufactured, we need to use the following formula:
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 29,000 + 69,000 + 99,000 + 73,000 - 24,000
cost of goods manufactured= $246,000
Scenario: Roberto Baldwin As the owner and manager of Fantastic Toys, Roberto Baldwin is fascinated by all the changes occurring and transforming the workplace. Roberto is concerned about the important OB trends that he can understand and take advantage of in developing and positioning his company in the marketplace. If Roberto wants to study deep-level diversity in his organization, he should
Answer: increases its connectivity with people and organizations in other parts of the world.
Explanation:
You can check the options online on the site.
Deep-level diversity simply refers to the traits that are non-observable which such as norms, attitudes, beliefs, and values.
Since Roberto wants to study deep-level diversity in his organization, therefore, he should increases its connectivity with people and organizations in other parts of the world. This will help him in learning about the norms and values of other people.
Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The company’s monthly fixed expense is $31,600. Required: 1. Calculate the unit sales needed to attain a target profit of $8,300. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $10,000. (Round your intermediate calculations to the nearest whole number.)
Answer:
Results are below.
Explanation:
Giving the following information:
Selling price= $140
Unitary variable cost= $70
Fixed cost= $31,600
To calculate the number of units to be sold to obtain a profit of $8,300, we need to use the following formula:
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (31,600 + 8,300) / (140 - 70)
Break-even point in units= 570
Now, the dollar sales for $10,000 profit:
Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio
Break-even point (dollars)= (31,600 + 10,000) / (70/140)
Break-even point (dollars)= $83,200
Blum Company produces three products: A, B, and C from the same process. Joint costs for this production run are $2,100. Pounds Sales price per lb. at split-off Disposal cost per lb. at split-off Further processing per pound Final sales price per pound A 800 $6.50 $3.00 $2.00 $7.50 B 1,100 8.25 4.20 3.00 10.00 C 1,500 8.00 4.00 3.50 10.50 If the products are processed further, Blum Company will incur the following disposal costs upon sale: A, $3.00; B, $2.00; and C, $1.00. Refer to Blum Company. Using a physical measurement method, what amount of joint processing cost is allocated to Product A (round to the nearest dollar)
Answer:
$416
Explanation:
Calculation to determine the amount of joint processing cost that is allocated to Product A
First step is to determine the split-off Total
Yards Sales price
at split-off Total
A 800 *$6.50= $5,200
B 1,100* $8.25= $9,075
C 1,500*$8.00=$12,000
Total $26,275
Now let determine the amount of joint processing cost that is allocated to Product A
Product A joint processing cost=($5,200/$26,275) * $2,100
Product A joint processing cost=$416
Therefore Using a physical measurement method, what amount of joint processing cost is allocated to Product A is $416
Megan Corp. recognizes revenue over time to account for long-term contracts. At the date the contract is signed, the price is $600,000 and the expected costs to complete the contract are $400,000. The following information is available:
Year 1 Year 2 Year 3 Costs incurred to date $200,000 $350,000 $500,000 Estimated costs to complete 200,000 150,000 0 Progress billings 200,000 200,000 200.000
What is the amount of gross profit or loss that is recognized in year 2?
a. $30,000 loss
b. $40,000 gross profit
c. $150,000 loss
d. $200,000 gross profit
Answer:
a. $30,000 loss
Explanation:
Calculation to determine What is the amount of gross profit or loss that is recognized in year 2
First step is to calculate the Year 1 Cost to cost ratio using this formula
Year 1 Cost to cost ratio = 200,000 / ( Costs incurred + Cost to complete)
Let plug in the formula
Year 1 Cost to cost ratio= 200,000 / (200,000 + 200,000)
Year 1 Cost to cost ratio= 50%
Second step is to calculate the Gross profit or loss using this formula
Gross profit/Loss = 50% * ( Price - estimated cost to complete)
Let plug in the formula
Gross profit/Loss= 50% ( 600,000 - 400,000)
Gross profit/Loss= $100,000
Third step is to calculate the Year 2 Cost to cost ratio
Using this formula
Year 2 Cost to cost ratio = 350,000 / ( Costs incurred + Cost to complete)
Let plug in the formula
Year 2 Cost to cost ratio = 350,000 / (350,000 + 150,000)
Year 2 Cost to cost ratio = 350,000 / 500,000
Year 2 Cost to cost ratio = 70%
Now let calculate the gross profit or loss using this formula
Gross profit = 70% * ( Price - estimated cost to complete) - Previous Gross
Let plug in the formula
Gross profit= 70% ( 500,000 - 400,000) - 100,000
Gross profit= -$30,000
Gross Loss of $30,000 in Year 2
A firm has an equity beta of 1.2, the risk-free rate is 3.4 percent, the market return is 15.7 percent, and the pretax cost of debt is 9.4 percent. The debt-equity ratio is .47. If you apply the common beta assumptions, what is the firm's asset beta
Answer:
0.82
Explanation:
Calculation to determine the firm's asset beta
Using this formula
Firm's asset beta=Equity beta/(1+/D/E)
Let plug in the formula
Firm's asset beta=1.2/(1+0.47)
Firm's asset beta=1.2/1.47
Firm's asset beta=0.816
Firm's asset beta=0.82 (Approximately)
Therefore the firm's asset beta is 0.82
monthly deposits are made into an account paying % nominal interest compounded monthly. If the objective of these deposits is to accumulate $ by the end of the year, what is the amount of each deposit?
Answer:
$1433.28
Explanation:
Calculation to determine the amount of each deposit
Using this formula
Future value of annuity=P*((1+r)^n-1)
Where,
Annual interest rate = 6%
Monthly interest rate (r) = 0.5%
Future value of annuity = $100,000
Number of years = 5
Number of deposits (n) = 60
Let plug in the formula
$100,000=P*((1+0.005)^60/0.005
=$100,000/69.77
=P$1433.28
Therefore the amount of each deposit is =$1433.28
A résumé that emphasizes the candidate's directly applicable skills,
achievements, and abilities is
Answer: Combination resume
Explanation:
A combination resume combines a person's skills and abilities as well as what they have accomplished so far in their lives. This includes work experience, education and volunteer work.
This is the kind of resume that employers prefer because it shows them whether a person would be suitable for a job based on their skills as well as their work experience.
Both corrective taxes and tradable pollution permits reduce the cost of environmental protection and thus should increase the public's demand for a clean environment. b. Both corrective taxes and tradable pollution permits provide market-based incentives for firms to reduce pollution. c. Tradable pollution permits have an advantage over corrective taxes if the government is uncertain as to the optimal size of the tax necessary to reduce pollution to a specific level. d. Corrective taxes set the maximum quantity of pollution, whereas tradable pollution permits fix the price of pollution.
Answer:
d. Corrective taxes set the maximum quantity of pollution, whereas tradable pollution permits fix the price of pollution.
Explanation:
The government applied the alternatives for the policy in order to control the pollution problem
here following two vital policy alternatives i.e.
1. Corrective taxes
2. Permits of Tradable pollution
The corrective taxes impose the per unit tax with regard to the pollution i.e. emitted. Also it fixed the pollution price
Here there is a permit of the tradable pollution that could set the pollution limit i.e. maximum. On the other hand, the firm could emit the pollution till the quantity mentioned by the permit of the tradable permit
So, the option d should be considered
The following data apply to Benevento Industries, Inc. (BII): Value of operations $1,000 million Short-term investments $100 million Debt $300 million Number of shares 100 million The company plans on distributing $100 million as dividend payments. What will the intrinsic per share stock price be immediately after the distribution
Answer: $7
Explanation:
Firstly, we'll calculate the equity which will be:
= Value of operations - Value of debt
= $1000 - $300
= $700
Then, the intrinsic price will be:
= Equity/Number of shares
= $700/100
= $7
Therefore, the intrinsic per share stock price immediately after the distribution will be $7
How has globalization made countries more independent
Answer:
Countries rely on each other for new industries. Countries rely on each other for chances to import. Countries rely on each other for an employment base. Countries rely on each other for cheaper products. Countries rely on each other for chances to export. Countries now rely on one another for vital resources.
You currently have $10,000 in your 401k plan. Your plan experiences a 20% GAIN the first year followed by a 20% LOSS in the second year. What is the value of your 401k plan at the end of 2 years
Answer:
9600
Explanation:
when we talk about a 20% gain, it means that the value of the fund had to rise to
1 + 20%
= 1 + 0.20
= 1.20
when we talk about a 20% loss, it also ,means that there was a 1 - 20% drop
1 - 0.20
= 0.80
therefore the value of your 401k plan at the end of the second year would be gotten by:
10000 x 1.20 x 0.80
= 9600
thank you
Clover Hardware sold a range of products. A few weeks ago, orders arrived for the garden center and outdoor living areas. 500 grills, purchased at a cost of $75 each, were distributed among 10 locations. 200 were sold for $175 each across all locations. The cost of goods sold totals __________.
Answer:
COGS= $15,000
Explanation:
Giving the following information:
Purchase= 500 grills
Unitary cost= $75
Units sold= 200
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
COGS= 0 + 500*75 - 300*75
COGS= $15,000
or;
COGS= 200*75= $15,000
The ledger of Shamrock, Inc. on March 31, 2017, includes the following selected accounts before adjusting entries.
Debit Credit
Supplies 2,610
Prepaid Insurance 2,480
Equipment 22,500
Unearned Service Revenue 12,000
An analysis of the accounts shows the following.
1. Insurance expires at the rate of $310 per month.
2. Supplies on hand total $960.
3. The equipment depreciates $150 per month.
4. During March, services were performed for two-fifths of the unearned service revenue.
Required:
Prepare the adjusting entries for the month of March.
Answer and Explanation:
The adjusting entries are as follows:
1 Insurance expense Dr $310
To Prepaid Insurance $310
(Being insurance expense is recorded)
2 Supplies expense Dr $1,650 ($2,610 - $960)
To Supplies $1,650
(Being supplies expense is recorded)
3 Depreciation expense Dr $150
To Accumulated Depreciation - Equipment $150
(Being depreciation expense is recorded)
4 Unearned service revenue Dr (two-fifth of $12,000) $4,800
To Service Revenue $4,800
(Being service revenue is recorded)
Ethelbert is a young software company owned by two entrepreneurs. It currently needs to raise $1,254,400 to support its expansion plans. A venture capitalist is prepared to provide the cash in return for a 40% holding in the company. Under the plans for the investment, the VC will hold 19,600 shares in the company and the two entrepreneurs will have combined holdings of 29,400 shares.
a. What is the total after-the-money valuation of the firm?
b. What value is the venture capitalist placing on each share?
Answer:
a. $3,136,000
b. $64 per share
Explanation:
The computation is shown below
a. The total after the money valuation is
= $1,254,400 ÷ 40%
= $3,136,000
b. The value that venture capitalist place on each share is
= $3,136,000 ÷ (19,600 ÷ 40%)
= $3,136,000 ÷ 49,000 shares
= $64 per share
Hence, the same should be considered
dự báo thị trường trên các đường bay dự kiến khai thác
Sah Inc's last free cash flow was $1.75 million. Its free cash flow growth rate is expected to be constant at 25% for 2 years, after which free cash flows are expected to grow at a rate of 6% forever. Its weighted average cost of capital WACC is 12%. Huxley has $5 million in short-term investments and $7 million in debt and has 2 million shares outstanding. What is the best estimate of the current intrinsic stock price
Answer:
$40.64 per share
Explanation:
The computation of the best estimate of the current intrinsic stock price is given below;
Enterprise value is
= ($1.75 × (1.25)) ÷ (1.12)^1 + ($1.75 × (1.25)^2) ÷ (1.12)^2 + (($1.75 × (1.25)^2 × 1.06) ÷ 0.06) ÷ (1.12)^2
= $42.64 million
now
market cap = enterprise value - debt + investments
= $42.64 - $7 + $5
= $40.64 million
Now finally
price = $40.64 million ÷ 1million
= $40.64 per share
When creating a company's security policy, it is not necessary that the scope align with the company's annual information security budget. True False
Answer:
False, you would want them to align.
Explanation:
In order to sell a product at a profit the product must be priced higher than the total of what it costs you to build the unit, plus period expenses, and plus overhead. At the end of last year the broad cost leader Chester had an Elite product Cake. Use the Inquirer's Production Analysis to find Cake's production cost, (labor materials). Exclude possible inventory carrying costs. Assume period expenses and overhead total 1/2 of their production cost. What is the minimum price the product could have been sold for to cover the unit cost, period expenses, and overhead
Answer: Hello there is a missing data below is the missing data
The production cost is $21.45.
answer : 32.175 ≈ $32
Explanation:
Using the Inquirer's Production Analysis to find Cake's production cost, (labor materials).
Period expenses and Overhead = 1/2 production cost
Minimum price = production cost + period cost + overhead cost ( 1/2 production cost )
∴ Minimum price = 21.45 + 10.725
≥ 32.175
On January 2, 2017, Concrete Master Construction, Inc. issued $500,000, ten-year bonds for $574,540. The bonds pay interest on June 30 and December 31. The face rate is 8% and the market rate is 6%. What is the carrying value of the bonds after the first interest payment is made on June 30, 2017
Answer:
The carrying value of the bonds after the first interest payment is made on June 30, 2017, is $571,776
Explanation:
The carrying value of the bond after the first interest payment will be calculated as follow
Carrying value of bond = Bond Issuance value - Amortization of Bond premium
Where
Bond Issuance value = $574,540
Amortization of bond premium = Coupon payment - ( Bond issuance value x Market rate ) = ( $500,000 x 8% x 6/12 ) - ( $574,540 x 6% x 6/12 ) = $20,000 - $17,236 = $2,764
Placing values in the formula
Carrying value of bond = $574,540 - $2,764
Carrying value of bond = $571,776
Use the following information: Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $10,160 Cost of goods sold 8,210 Depreciation 510 Earnings before interest and taxes $1,440 Interest paid 122 Taxable income $1,318 Taxes 461 Net income $857 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $320 $350 Accounts payable $1,730 $1,610 Accounts rec. 1,180 1,080 Long-term debt 1,190 1,390 Inventory 2,080 1,830 Common stock 3,520 3,520 Total $3,580 $3,260 Retained earnings 730 980 Net fixed assets 3,590 4,240 Total assets $7,170 $7,500 Total liab.& equity $7,170 $7,500 What is the quick ratio for 2017?a. 89 times.b. 1.81 times.c. 1.14 times.d. 88 times.e. 2.02 times.
Answer:
See below
Explanation:
Given the information above, Quick ratio is computed as shown below;
Quick ratio = Quick assets / Current liabilities
Where,
Quick assets = Cash and cash equivalents + Marketable securities + Account receivables
Current liabilities = Bills payable + Accounts payable + Other short term liabilities
From the balance sheet, Quick assets includes cash and account receivables, while Current liabilities includes Accounts payable only
Quick ratio = $350 + $1,080 / $1,610
Quick ratio = $1,430/ $1,610
Quick ratio = 0.89 times
Therefore, the quick ratio for 2017 is 0.89 times
Direct labor or machine hours may not be the appropriate cost driver for overhead in all areas of manufacturing due to the complexities of many manufacturing processes. Many companies use activity-based costing (ABC) which uses multiple drivers (items that consume resources) rather than just one driver to apply overhead to their activities. With ABC, a company can use a cost driver that has a direct cause/effect relationship in its applied overhead costs. Waterways looked into ABC as a method of costing because of the variety of items it produces and the many different activities in which it is involved. The activities listed below are a sample of possible cost pools for Waterways. Assembling Payroll Billing Plant supervision Digging trenches Product design Janitorial Purchasing materials Machine maintenance Selling Machine setups Testing Molding Welding Packaging For each of the above cost pools, what would be the likely activity cost driver
Answer:
Waterways Corporation
Cost Pools Possible Activity Cost Drivers
Assembling Direct labor hours
Payroll Number of employees
Billing Number of invoices
Plant supervision Number of factory workers
Digging trenches Depth of trenches
Product design Number of designs
Janitorial Floor space
Purchasing materials Units of materials
Machine maintenance Maintenance hours
Selling Units sold
Machine setups Number of machine setups
Testing Testing hours
Molding Number of units molded
Welding Machine hours
Packaging Number of units packaged
Explanation:
a) Cost Pools for Waterways:
Assembling
Payroll
Billing
Plant supervision
Digging trenches
Product design
Janitorial
Purchasing materials
Machine maintenance
Selling
Machine setups
Testing
Molding
Welding
Packaging
You are sitting next to a person in business class on a flight from Los Angeles to Sydney, Australia. You mention to that person that you got your ticket two months ago for only $12,500. The person responds that she bought her ticket two days ago for $7,800. This sometimes happens because airlines often use an approach called:
Answer:
price discrimination (third degree price discrimination)
Explanation:
Price discrimination is when the same product is sold at different prices to customers in different markets
types of price discrimination
1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.
2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.
3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
While attending a show you are disturbed by a child behind you who talks incessantly while repeatedly kicking the back of your seat.You respond by occasionally turning around and fidgeting in your seat.What type of conflict-management style are you exhibiting?
A) collaboration
B) competition
C) accommodation
D) avoidance
E) withdrawal
Answer: avoidance
Explanation:
Conflict avoidance occurs when a person avoids conflict by not reacting to it and rather changes the subject or avoids fighting back.
Since the person doesn't confront the child whom talking incessantly while repeatedly kicking the back of the seat but rather occasionally turns around and fidgets in the seat, then the type of conflict-management style being exhibited is avoidance.
Indicate where the event common stock issued for cash would appear, if at all, on the indirect statement of cash flows. Group of answer choices Operating activities section Investing activities section Financing activities section Does not represent a cash flow
Answer: Financing activities section
Explanation:
The Financing Activities are refered to as the transactions which affect the long-term liabilities and equity of the company.
In the case if the question given, the common stock that's issued for cash would appear in the financing activities section due to the fact that the activity is related to finance and affects the company.
- Màng quấn PE có tính chất hóa học của hydrocacbon không tác dụng trong môi trường có axit, thuốc tím, kiềm.
- Không màu mùi, hòa tan kém trong nhiệt độ cao.
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Match these terms with their definitions.
a. The rate that reflects the provisions of the debt instrument, the credit standing of the borrowing business, and the current conditions in the credit markets and the economy as a whole.
b. The rate found in the debt contract that determines the amount of the interest payment.
c. Occurs when a bondâs issue price exceeds its face value.
d. The amount that must be repaid at maturity.
e. A type of liability which requires the issuing entity to pay the face value to the holder on the maturity date and to pay interest periodically at a specified rate.
f. Occurs when a bond is issued for an amount that is less than the principal.
g. Term referring to the date that a bondâs principal has to be repaid.
1. Bond.
2. Contract, coupon, stated rate.
3. Discount.
4. Face value, par value, principal.
5. Market rate, yield.
6. Maturity.
7. Premium.
Answer and Explanation:
The matching is as follows
a. 5. Market rate, yield. as it represent the debt instrument provisions, credit standing, and the present conditions
b. 2. Contract, coupon, stated rate, this represent that rate that could be find in the contract of the debt that measures the interest payment amount
c. 7. Premium. this is the case when the issue price of the bond is more than the face value
d. 4. Face value, par value, principal. It is the amount that should be repay at the maturity
e. 1. Bond. It is the liability that needs the entity to pay off the face value on the maturity date
f. 3. Discount. It arise when the issue price of the bond is lower than the principal
g. 6. Maturity. it refers to the date when the principal of the bond is repaid
