Answer:
$17.50
Explanation:
Given that,
Direct labor hours = 7,000
Standard cost = $20 per hour
Direct Labor Rate Variance = $17,500 Favorable
(Standard Rate - Actual Rate) × Actual Hours = $17,500 Favorable
(20 - Actual Rate) × 7,000 = $17,500 Favorable
140,000 - 7,000 Actual Rate = $17,500 Favorable
Therefore,
7,000 Actual rate = (140,000 - $17,500)
Actual rate = 122,500 ÷ 7,000
= $17.50
Answer:
c. Market Pricing
Explanation:
Market pricing is based on the competition based strategy. In this strategy a company evaluate the price of only those products that are similar to the products that are offered by the company or in our case the parents of the family are evaluating the price of similar tasks that are performed by the siblings.
Hello!
This is most likely a spotter for a squat. The key word that shows that this spotter is for a squatter is making sure the lifter does not fall backwards. An overhead press or bench press would require a lifter to be lying down and not standing. A dead lift requires leaning forward and would not cause a lifter to fall backwards.
Hope this helps!
Answer:
D. $100
Explanation:
Given: William install 7 system per day at the cost of $300.
William install 8 system per day at the total cost of $400.
Remember, If the marginal cost curve is upward-sloping, this means that as output increase, marginal costs will also increase.
Marginal cost is an additional cost incurred in producing additional unit of output.
Now, finding additional payment that eighth customer has to pay.
Change in marginal cost= 
⇒ Change in marginal cost= 
∴ Change in marginal cost= 
Hence, there is an increase in marginal cost by $100 as output increases, therefore, William will install eight sound systems per day only if the eighth customer is willing to pay at least $100.
Answer:
= 55,780.5 units
Explanation:
A bond is a financial instrument used by a company or government to borrow money.
Zero-coupon bond: Most bonds pay a fixed percentage of their face value - coupon- as interest payment at requalr intervals.
A zero- coupon bond pays no coupon. However, the return on it is the difference between its face value and price.
The Price of a bond is determined using the discounted flow method. Here the present value is calculated using its the face value and the yield. The face value is the amount promised by borrower to pay back. And the yield is the return on the bond expressed in %.
This can be captioned as follows:
P × (1+r)^n = FV,
P- price, FV- Face value, r = yield
P-?, FV- 1000, r = 6.5%/2 = 3.25% (semi-annual interest rate)
P × (1.0325)^(25× 2) = 1000
P × 4.9488 = 1000
P= 1000/4.4988
P= $222.28
P= $222.3
If the bond sells for $222.3, then to raise $12.4 million, Allison will have to sell:
= 12,400,000/222.3
= 55,780.5 units
