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Artist 52 [7]
2 years ago
13

Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 4.85 Direct labor $ 3

.35 Variable manufacturing overhead $ 1.35 Fixed manufacturing overhead $ 8,000 Sales commissions $ 1.50 Variable administrative expense $ 0.45 Fixed selling and administrative expense $ 4,400 If 5,000 units are sold, the variable cost per unit sold is closest to: $14.60 $11.50 $9.55 $11.55
Business
1 answer:
tamaranim1 [39]2 years ago
5 0

Answer:

$11.50

Explanation:

The computation of the  variable cost per unit sold is given below:

= Direct material per unit + Direct labor per unit + Variable manufacturing overhead per unit + Sales commission per unit +  Variable administrative expense per unit

= $4.85 + $3.35 + $1.35 + $1.50 + $0.45

= $11.50

We simply added those per unit that is concerned with variable cost per unit

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Overall, 67 people of 350 surveyed gave your company five stars. Of men, 40 out of 175 gave your company five stars. Was your co
Elis [28]

Answer:

The company was rated five stars more by men

Explanation:

Expressing the survey results as percentages

1.  <u>Overall population </u>

         =67 out of 350

         =67/350x100= 19.14 percent

2. <u>Men population</u>

=40 out 175

=40/175x100 =22.85 per cent

The company was rated five stars more by men

7 0
1 year ago
Your grandfather wants to establish a scholarship in his father’s name at a local university and has stipulated that you will ad
Paul [167]

Answer:

the answer for the first question is $166667.

the answer for the second question is $210526

the answer for the third question is An inverse.

Explanation:

given information that i will invest in a $10000 scholarship that will pay forever.

the interest rate charged is 6.00% per annum therefore this is a perpetuity present value problem where there is streams of income forever therefore we use the formula :

Pv of perpetuity= Cf/r

where Cr is the cash flows payed by the single investment forever in this case $10000 then r is the interest rate of the investment amount which is 6% in this case.

Pv of Perpetuity= $10000/6%

                           =$166667 therefore i must invest this amount to get the scholarship running with streams of $10000 forever.

in the second problem if now the interest rate is changed from 6% to 4.75% then the amount to be invested would be :

Pv of perpetuity = $10000/4.75%

                              =$210526 therefore this is the amount to be invested for a forever $10000 stream of incomes for a scholarship.

the relationship is indirect cause as the interest rate decreases the present value of the perpetuity that must be invested increases.

3 0
2 years ago
Warson Motors wants to raise $2 million by selling 20-year coupon bonds at par. Comparable bonds in the market have a coupon rat
Kitty [74]

Answer:

He should set coupon rate of 1.98%

Explanation:

Given Data:

Face Value of Bonds = $2,000,000

Coupon rate = 6.3 percent

Issue Value of Bonds = 6.5% * Face Value of Bonds

                                    = 6.5% * $2,000,000

                                    = 0.065 * $2,000,000

                                     = $130,000

Given Annual YTM = 6.30%  

Therefore,

Semiannual YTM = 3.15%

Time to Maturity = 20 years

Semiannual Period = 40

Let Semiannual Coupon be $C

$130,000 = $C * PVIFA(3.15%, 40) + $2,000,000

$130,000 = $C * (1 - (1/1.0315)^40) / 0.0315 + $2,000,000 / 1.0315^40

$130,000= $C * 22.56 + $578,443.2

$448,443.2 = $C * 22.56

$C = $19877.80

Semiannual Coupon = $19877.80

Semiannual Coupon Rate = Semiannual Coupon / Face Value of Bonds

Semiannual Coupon Rate = $19877.80 / $2,000,000

Semiannual Coupon Rate = 0.0099 or 0.99%

Annual Coupon Rate = 2 * Semiannual Coupon Rate

Annual Coupon Rate = 2 * 0.99%%

Annual Coupon Rate = 1.98%

4 0
2 years ago
Vargas Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.77 direct labor
leva [86]

Answer:

11.20

Explanation: becuase it can be

3 0
2 years ago
Kasten, Inc budgeted 10,000 widgets for production during 2013. Kasten has capacity to produce 12,000 units. Fied factory overhe
Vlada [557]

Answer:

Check the following calculations

Explanation:

1.  Received an order for 1,000 units

Cost per unit = $46

now

Incremental revenue per widget = $43

Incremental cost per widget: =( Direct material + Direct Labor + Vairable manufacturing overhead) =

$7 + ($15 × 2) + $4 = 41

Incremental profit per unit = 43 - 41 = $2

Total incremental profit = $2 × 1,000 = $2,000

Kasten can make an extra $2,000

2.  Cost to buy per widget = $39

Cost to make per widget: = ( Direct material + Direct Labor + Vairable manufacturing overhead) =

$7 + ($15 × 2) + $4 = 41

Incremental savings per widget if purchased =41 - 39 = $2

Total incremental savings if purchased = $2 × 10,000 = $20,000

Thus we can say  Kasten will save $20,000 if it buys instead of makes

5 0
2 years ago
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