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1 year ago

The chart shows the marginal cost and marginal revenue of producing apple pies.

Business

2 answers:

Liula [17]1 year ago

7 0

Answer:

The marginal cost will most likely increase to $2.00

Explanation:

Because I just did it.

seropon [69]1 year ago

3 0

Answer:

initially increases as production increases.

Explanation:

There is a very slow increase on the marginal cost. So the Marginal cost would initially increase as the production increases.

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If Dominion Bank also pays 3.25% annual interest, compounded daily. If you had the following deposits and withdrawals, calculate

dimaraw [331]

Answer:

It would have earned 15.91 dollars of interest

Explanation:

We will calcualte for compounding at each moment:

First, we will calculate for $6,500 for March 1st to March 15th:

Then, from March 16th to march 27th we calculate for $5,000 + accrued interest of the peri

and from March 28th to 31th we calcualte $5,700 + accrued interest

$Principal (1 + \frac{r}{m} )^{n \times m} = Amount$

n = 15/365 days

m = 365

r = 0.0325

$6,500 (1 + \frac{0.0325}{365} )^{15/365 \times 365} = Amount$

6508.69

Then we withdraw 1,500

And we calcualte for hte period marchth to March 27th for the currnet value: 5,008.69

$5,008.69 (1 + \frac{0.0325}{365} )^{11/365 \times 365} = Amount$

Amount: 5,013.60

Then we deposit 700 and calcualte the rest of the month:

$5,713.60 (1 + \frac{0.0325}{365} )^{11/365 \times 365} = Amount$

Amount: 5,715.64

We can now calcualtethe interest earned:

6,508.96 - 6,500 = 8.96

5,013.60 - 5,008.69 = 4.91

5,715.64 - 5,713.60 = 2.04

total interest = 15.91

5 0

1 year ago

The Meyers CPA firm has the following overhead budget for the year: Overhead Indirect materials $ 370,000 Indirect labor 1,705,0

Veseljchak [2.6K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Total manufacturing overhead= $ 2,986,000

The firm estimates total direct labor cost for the year to be $1,866,250.

The firm uses direct labor cost as the cost driver to apply overhead to clients.

1) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 2986000/1866250= $1.6 per direct labor $

2) the firm worked for many clients; data for two of them follow: Gargus account Direct labor $ 3,200

Feller account Direct labor $ 9,200

Allocated MOH= Actual amount of allocation base*Estimated manufacturing overhead rate

Gargus overhead= 3200*1.6= 5120

Feller= 9200*1.6= 14720

3) Total cost Gargus= 3200 + 5120= $8,320

TC Feller= 14720 + 9200= $23,920

4 0

1 year ago

Colby & Company bonds pay semi-annual interest of $50. They mature in 15 years and have a par value of $1,000. The market ra

ANEK [815]

Answer:

Price of bond = $ 1,172.92

Explanation:

The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).

Value of Bond = PV of interest + PV of RV

The value of bond for Colby & Company can be worked out as follows:

Step 1

PV of interest payments

Semi annul interest payment = 50

Semi-annual yield = 8%/2 = 4% per six months

Total period to maturity (in months)

= (2 × 15) = 30 periods

PV of interest =

50 × (1- (1+0.04^(-30)/0.04)= 864.60

Step 2

PV of Redemption Value

= 1,000 × (1.04)^(-30) =308.318

Step 3:

Price of bond

= 864.60 + 308.318 = $1,172.92

Price of bond = $ 1,172.92

4 0

1 year ago

Wember Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The

likoan [24]

Answer:

$3,935

Explanation:

The computation of the catering supplies are shown below:

= Catering supplies + monthly cost for each job × number of jobs + monthly cost for per meal × number of meals

= $450 + $75 × 27 jobs + $10 × 146 meals

= $450 + $2,025 + $1,460

= $3,935

We simply added the catering supplies cost, meal cost, and the job cost so that the accurate value can come

All other information which is given is not relevant. Hence, ignored it

4 0

1 year ago

A Chinese exporter sells $200,000 of toys to a French importer. The Chinese exporter requires the French importer to obtain a le

GuDViN [60]

Answer:

0.0416483 or 4.16%

Explanation:

Annual percentage rate, APR = 4%

Value of toys sold = $200,000

Note period = 90 day

N = 365 ÷ 90

= $200,000 × [1 - (0.04 × 90/360)]

= $198,000

Effective annual financing cost:

$=(\frac{Value\ of\ toys\ sold}{Calculated\ value} )^{\frac{365}{90} }-1$

$=(\frac{200,000}{198,000} )^{\frac{365}{90} }-1$

= 1.0416483 - 1

= 0.0416483 or 4.16%

4 0

1 year ago