Answer:
Explanation:
![\left[\begin{array}{ccc}-&Simple Jeans&Fancy Jeans\\Production&353,500&196,000\\Ending&3,500&3,500\\Beginning&2,000&2,000\\Purchase&355,000&197,500\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D-%26Simple%20Jeans%26Fancy%20Jeans%5C%5CProduction%26353%2C500%26196%2C000%5C%5CEnding%263%2C500%263%2C500%5C%5CBeginning%262%2C000%262%2C000%5C%5CPurchase%26355%2C000%26197%2C500%5C%5C%5Cend%7Barray%7D%5Cright%5D)
We need to purchase to fullfil the inventory for this amount of units.
<u>Now we have to calculate each component:</u>
![\left[\begin{array}{cccc}&denim material&zipper&thread\\Simple per unit&3&1&25\\Simple Quantity&106,5000&355,000&887,5000\\Fancy per unit&4.5&1&40\\Fancy Quantity&888,750&197,500&7,900,000\\Total Quantity&1,953,750&552,500&16,775,000\\Cost per unit&3.25&0.75&0.02\\Total Cost&6,349,687.5&414,375&335,500\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26denim%20material%26zipper%26thread%5C%5CSimple%20per%20unit%263%261%2625%5C%5CSimple%20Quantity%26106%2C5000%26355%2C000%26887%2C5000%5C%5CFancy%20per%20unit%264.5%261%2640%5C%5CFancy%20Quantity%26888%2C750%26197%2C500%267%2C900%2C000%5C%5CTotal%20Quantity%261%2C953%2C750%26552%2C500%2616%2C775%2C000%5C%5CCost%20per%20unit%263.25%260.75%260.02%5C%5CTotal%20Cost%266%2C349%2C687.5%26414%2C375%26335%2C500%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Next, we multply the purchase requirement per amount per tpye of unit. Once we got total quantity me multiply by the cost.
Answer:
They will have $37,595.23 in mutual fund in 15 years
Explanation:
<em>Step 1: Determine the present value of savings</em>
This can be expressed as;
Present value=monthly savings×number of months in 15 years
where;
monthly savings=$50
number of months in 15 years=12×15=180 months
replacing;
Present value=50×180=$9,000
<em>Step 2: Determine the future value of savings including interest</em>
This can be expressed as;
FV=PV(1+R)^N
where;
FV=future value
PV=present value
R=annual interest rate
N=number of years
In our case;
FV=unknown
PV=$9,000
R=10%=10/100=0.1
N=15 years
replacing;
FV=9,000(1+0.1)^15
FV=9,000(1.1)^15
FV=$37,595.23
They will have $37,595.23 in mutual fund in 15 years
Answer: Please refer to Explanation
Explanation:
The terms will be listed in bold at the end of the statement. If you require further clarification please do comment.
a. The costs deducted from the contribution margin to determine the responsibility margin. TRACEABLE FIXED COSTS.
b. Cost to produce plus a predetermined markup. COST-PLUS TRANSFER PRICE
c. Fixed costs that are readily controllable by the manager. NONE
d. A subtotal in a responsibility income statement, equal to responsibility margin plus committed fixed costs. PERFORMANCE MARGIN.
e. The subtotal in a responsibility income statement that is most useful in evaluating the short-run effect of various marketing strategies on the income of the business. CONTRIBUTION MARGIN.
f. The subtotal in a responsibility income statement that comes closest to indicating the change in income from operations that would result from closing a particular part of the business. RESPONSIBILITY MARGIN.
g. The amount used in recording products or services supplied by one business unit to another. TRANSFER PRICE.
Answer:
$700
Explanation:
If a bond is issued at a lower price than the face value of the bond, then the bond is issued on the discount. This discount is amortized over the bond's life. This amortization will be expensed as Interest Expense.
Discount = Face value - Issuance price = $15,000 - $14,700 = $300
Bond's Life = 6 years
Amortization of discount = $300 / 6 = $50 annually = $25 semiannually
Coupon Payment = Face Value x coupon Rate = $15,000 x 9% = $1.350 annually = $675 semiannually
Interest Expense Includes both the coupon payment and discount amortization for the period.
Interest Expense = $675 + $25 = $700
Answer:
a. the rapid development of the Internet's capabilities.
Explanation:
It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and the rapid development of the Internet's capabilities.
Globalization can be defined as the process of developing technology, people, investments, informations, products in order to create international influences across cultures and national markets or borders. This makes it possible for various multinational enterprise or companies to break into different markets across world and compete effectively with other companies.
Also, the rapid development of the Internet's capabilities gives various companies the ability and privilege to technology and software applications to seamlessly meet the needs of customers over the web such as cloud computing services, Internet of things (IoT) etc.