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2 years ago

This year, baldwin paid their workers $26.81 per hour. how much will they be paying them 3 rounds from now

Business

2 answers:

drek231 [11]2 years ago

7 0

Answer:

$31.04

Explanation:

Workers are been paid $26.81 per hour therefore in 3 round from now they will be paid $31.04

$26.81 × 1.05³

$26.81 × 1.05× 1.05× 1.05

=$31.04

Luba_88 [7]2 years ago

4 0

Answer:

$31.04

Explanation:

It is given that for baldwin every year there is increase in wage rate by 5% per year so at end of three years it will be

=26.81*1.05³=31.04

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Smithson Cutting is opening a new line of scissors for supermarket distribution. It estimates it's fixed cost to be 550.00 and i

Citrus2011 [14]

Answer:

a. Breakeven in units is 2200 units

b. Break even in dollars is $1650

c. The answer is A. make a loss

Explanation:

The breakeven points in units is the point or number of units where the total revenue equals total cost and there is no profit or no loss. Below the breakeven quantity, the firm is operating at a loss and above it, it is operating at a profit.

The break even point in unit can be calculated by dividing the fixed costs by the contribution per unit. The formula for break even point in units is:

Breakeven in units = Fixed Costs / contribution per unit

Contribtuion per unit = Selling price per unit - Variable cost per unit

Break even in units = 550 / (0.75 - 0.5) = 2200 units/scissors

The break even point in dollars is the value of sales at which the company will breakeven and will make no profit and no loss. The break even point in dollars can be calculated by multiplying the break even point in units by the selling price per unit. Alternatively, it can also be calculated by dividing the fixed costs by contribution margin ratio.

Contribution margin ratio = (Selling price - variable cost) / selling price

CM ratio = (0.75 - 0.5) / 0.75 = 0.3333 or 33.33%

Breakeven in dollars = 2200 * 0.75 = $1650

Break even in dollars = 550 / ((0.75-0.5) / 0.75) = $1650

As 600 units is less than the breakeven number of units (2200 units) , it will make a loss.

5 0

2 years ago

On June 30, 2013, Blair Industries had outstanding $80 million of 8% convertible bonds that mature on

Amanda [17]

Answer:

B) $8 million.

Explanation:

There are $80 worth of convertible bonds, since half of them were converted to common stocks = $80 million x 50% = $40 million

Common stock = 6 million shares x 50% x $10 (par value) = $30 million

Unamortized balance in bond discount = $4 million x 50% = $2 million

Additional paid-in capital = convertible bonds - common stock - unamortized bond discount = $40 million - $30 million - $2 million = $8 million

June 30, 2013, Bond convertion:

Dr Bonds payable 40,000,000

Cr Common stock 30 ,000,000

Cr Discount on bonds payable 2 ,000,000

Cr Additional paid-in capital in excess of par value 8,000,000

6 0

2 years ago

Your mother's well-diversified portfolio has an expected return of 12.0% and a beta of 1.20. She is in the process of buying 100

Setler79 [48]

Answer: (a) 12.3%

(b) 1.28

Explanation:

Current Portfolio expected return = 12.0%

Current Portfolio beta = 1.20

New investment = Shares purchased × Price per share

= 100 × $10

= $1,000

New investment expected return = 15% and Beta = 2.00

Total value of your current portfolio = $9,000

New portfolio investment cost = $9,000 + $1,000

= $10,000

$Weight\ of\ current\ portfolio = \frac{9,000}{10,000}$

= 0.90

$Weight\ of\ New\ investment = \frac{1,000}{10,000}$

= 0.10

Expected return of new portfolio = Sum of (weight × Return)

= 0.90 × 12% + 0.10 × 15%

= 12.3%

Expected beta of new portfolio = Sum of (weight × Beta)

= 0.90 × 1.20 + 0.10 × 2.0

= 1.28

8 0

2 years ago

Which of the following is a start-up expense for Maria's food truck?

Kay [80]

Even though you didn't list any options, your first expense is to do repairs on inside equipment to follow your state's code for starting a business. make sure everything works correctly, then licencing,...

6 0

2 years ago

Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $204,000 of raw materials on credit

omeli [17]

Answer:

The correct answer is Under applied OH of $10,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

we can calculate the under or over applied OH by using following formula:

Over / Under applied OH = Applied OH - Actual OH incurred

Where, Applied OH = Labor costs incurred × Application rate

= ($156,000 - $34,000) × 150%

= $122,000 × 150% = $183,000

So, by putting the value in the formula, we get

Over / Under applied OH = $183,000 - $193,000

= -$10,000 ( Negative sign shows Under applied)

So, Under applied OH = $10,000.

3 0

2 years ago