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2 years ago

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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Bronco Truck Parts expects to sell the following number of units at the prices indicated under three different scenarios in the

Radda [10]

Answer:

Expected value of Total Sales projection is $23,115.

Explanation:

First of all we calculate expected sales projection by multiplying the probability with units, then multiply it to each unit price we will get the expected sales value of each outcome. Adding expected sales value of all outcomes, we will get the total expected sales value.

Outcome Probability Units Sales Volume Price Total Sales

P U V=P x U S TS=V x S

A 0.40 350 140 $21 $2,940

B 0.10 600 60 $30 $1,800

C 0.50 1,050 525 $35 $18,375

Total 727 $23,115

Expected Total Sale projection is 727 units and value is $23,115

3 0

2 years ago

The Raven Co. has just gone public. Under a firm commitment agreement, Raven received $18.50 for each of the 20 million shares s

Cerrena [4.2K]

Answer:

46.79%

Explanation:

Net amount raised = Sale Proceeds - Direct Legal Costs - Indirect Costs

Net amount raised = ($18.50 x $20,000,000) - $580,000 - $190,000

Net amount raised = $370,000,000 - $770,000

Net amount raised = $369,230,000

Share offered at price = $22.80 per share

Amount received per share = $18.50

Underwriting spread = $22.80 - $18.50 = $4.30 per share

Total underwriting spread = Underwriting spread x no. of shares offered

Total underwriting spread = $4.30 x 20,000,000

Total underwriting spread = $86,000,000

Direct cost = Total underwriting spread + Direct Legal Costs

Direct cost = $86,000,000 + $580,000

Direct cost = $86,580,000

Indirect cost = Indirect cost + Total underwriting spread

Indirect cost = $190,000 + ($22.80 - $18.50) x $20,000,000

Indirect cost = $190,000 + $86,000,000

Indirect cost = $86,190,000

Total Debt Capital = Direct Cost + Indirect Cost

Total Debt Capital = $86,580,000 + $86,190,000

Total Debt Capital = $172,770,000

Flotation cost % = Total Debt Capital / Equity Capital raised

Flotation cost % = $172,770,000 / $369,230,000 x 100

Flotation cost % = 46.79%

8 0

2 years ago

In april 2011, consolidated edison (ed) stock cost $50 per share and yielded 5% per year in dividends, while national grid (ngg)

sergey [27]

Total amount Invested = 52,500

Since both stocks cost 50, total number of share he purchased = 52,500/50 = 1,050 shares

Total number of shares = 1,050

Let x be the total number of Ed shares. Therefore Ngg shares = 1050-x

Ed Stock dividend return = x*0.05*50

Ngg stock dividend return = (1050-x)*0.06*50

Since total was 2,815, we add and equate the two as shown below:

x*0.05*50 + (1050-x)*0.06*50 = 2815

2.5x + 3150 -3x = 2815

0.5x = 335

x 335/0.5

x = 670 shares

Ed stock = 670 shares

Ngg stock =1050-670 = 380 shares

So, you purchased 670 shares of consolidated edison (ed) stock and 380 shares of national grid (ngg) stock

7 0

2 years ago

Shawna would like to explore a career that would allow her to work outdoors with natural resources. Which two careers would be t

Anni [7]

Answer:

The only two jobs that deal with natural resources are:

oil rig driller
wind turbine engineer

Oil rig drillers work in the ocean completely surrounded by water, or maybe other oil rigs but they are never too close.

Wind turbine engineers work on open spaces, surrounded by very few things other than wind turbines. Wind turbines are HUGE and they are usually located on very isolated places.

5 0

2 years ago

Mr. Lui has just finished his lesson on catharsis in his English literature class. He assigns students homework that entails res

Minchanka [31]

Answer:

Checking for students' understanding of a concept by asking them to apply the concept to other contexts.

Explanation:

Concept formation is an inductive teaching technique that enhance discovery learning and helps to get clear understanding of a concept in pupils by using psychological processes such as observation, analysis, hypothesis, generation and testing a small set of the concepts.

Mr. Lui utilized the strategy of checking for students' understanding of a concept by asking them to apply the concept to other contexts in his homework assignment.

4 0

2 years ago