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iren [92.7K]
2 years ago
13

Crigui Music produces 60,000 CDs on which to record music. The CDs have the following costs:

Business
1 answer:
Cloud [144]2 years ago
8 0

Answer:

The correct answer is $33,000.

Explanation:

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

If company buy the CD's externally than only Fixed OH could be avoided,

while other remains the same.

So, we can calculate the external price by using following formula:

Maximum external price = Direct Materials + Direct Labor + Variable Overhead + Fixed Overhead

By putting the value, we get

Maximum external price = $11,000 + $15,000 + $3,000 + $4,000

= $33,000

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Investors' Choice Fund had NAV per share of $37.25 on January 1, 2012. On December 31 of the same year the fund's rate of return
RideAnS [48]

Answer:

Explanation:

As fund rate of return = (final NAV - Initial NAV + Income distribution) / (Initial NAV)

17.3% = (final NAV - 37.25 + 1.14 +

1.35)/ 37.25

Final NAV = 34.76 + 6.44

= 41.2 is the answer (ending

NAV)

7 0
2 years ago
Read 2 more answers
Carrying and using a high-end credit card like an American Express Centurion Card would satisfy needs at what level in the Maslo
ioda

Answer:

Carrying and using a high-end credit card like an American Express Centurion Card would satisfy needs at what level in the Maslow hierarchy of needs?

Esteem level.

Explanation:

Maslow hierarchy of needs is a theory in psychology that comprises five levels of needs that are represented in a pyramid. The needs that are lower in the pyramid are fundamental needs that have to be satisfied before the needs in the higher levels can be satisfied. The needs lower down in the pyramid are mostly physical needs like food, shelter and finances while the needs higher up in the pyramid tend to focus more in improving the quality of life of a person. They include things like; safety, love, physiological needs and self actualization.

The needs in a five-stage model can be categorized into two groups; deficiency needs and growth needs. The first four levels from the bottom can be referred to as deficiency needs while the top most level is defined as a growth need. Deficiency needs are needs that arise due to deprivation while growth needs don't come from a lack of something but a strong desire to become better. The five categories of needs are; physiological, safety, love and belonging, esteem and self actualization.  

In our case, someone carrying a high-end credit card is someone who does that out of prestige and thus is most likely in the esteem level in the Maslow hierarchy.

5 0
2 years ago
Upton Umbrellas has a cost of equity of 11.6 percent, the YTM on the company's bonds is 6.2 percent, and the tax rate is 40 perc
matrenka [14]

Answer:

WACC = 9.86%

so correct option is d. 9.86%

Explanation:

given data

cost of equity = 11.6 percent

bonds = 6.2 percent

bonds sell = 103.2 percent

debt book value = $408,000

total assets book value= $952,000

market to book ratio = 2.74 times

to find out

what is the company's WACC

solution

we get here first Total book value of equity that is express as

Total book value of equity = Total assets book value - Total debt book value   .................1

Total book value of equity  = 952000 - 408000

Total book value of equity = $544000

and here market to book ratio  is

market to book ratio  = \frac{market\ value}{book\ value}

so market value of equity = (2.74 × 544000) = $1490560

and  

After tax cost of debt = 6.2 (1 - tax rate)

After tax cost of debt = 6.2 (1 - 0.4)

After tax cost of debt = 3.72%

and

Market value of Debt = 408000 × 103.2%  

Market value of Debt   = $421056

so

Total market value = $1490560 + $421056

Total market value is =$1911616

and  

WACC will be

WACC = Respective costs × Respective weights

WACC =  \frac{1490560}{1911616}11.6 + 3.72\frac{421056}{1911616}

WACC = 9.86%

so correct option is d. 9.86%

4 0
2 years ago
The number and magnitude of decisions and problems that must be addressed during an emergency are a direct outgrowth of: A. The
konstantin123 [22]

Answer:

The correct option is B.

Explanation:

Emergency managers and planners are professionals, who are experts in the art of analyzing problems, making appropriate decisions and taking necessary actions that will solve the problems on ground.

The decision making process usually begin before the occurrence of emergency, this is called the planning stage.  At this stage, an organization usually make decisions about how it is going to react to certain emergency situations that might occur in the future.

An effective and deliberate planning prior to emergency will greatly enhance the ability of the organization to respond effectively during emergency situations.  The number and the size of decisions and problems that need to be addressed during an emergency situation depend largely on the quality of the decisions that were made (or were not made) during the planning process.

7 0
2 years ago
Samuel slips on an icy spot in front of an apartment and is hospitalized for three weeks. The owner of the apartment pays Samuel
andrey2020 [161]

Answer:

B) $1,800.

Explanation:

$14,000 in medical expenses are not part of Samuel's gross income.

$7,000 in disability payments are not included in Samuel's gross income because he paid the premiums.

$4,000 in pain and suffering compensation are not part of your gross income.

The only payments that are part of Samuel's gross income and therefore are taxed, are his regular monthly salary payments = $1,800. If Samuel's disability insurance premium had been paid by his employer, then the $7,000 would have been taxable.

8 0
2 years ago
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