Answer:
Option (D) is correct.
Explanation:
Given that,
Total invoices = 30,800
Number of computers = 2
Rate at which invoices produces by first computer = 7,700 per hour
Rate at which invoices produces by second computer = 6,800 per hour
Number of invoices produces by each computer:
= Total invoices ÷ Number of computers
= 30,800 ÷ 2
= 15,400
Now, the time taken by the first computer to reach out its goal of 15,400:
= Number of invoices produces by First computer ÷ Rate of producing invoices
= 15,400 ÷ 7,700
= 2 hours
The total invoices produced by the second computer in 2 hours:
= Rate at which it produces invoices × 2 hours
= 6,800 per hour × 2 hours
= 13,600
So, the number of invoices still need to produce by the second computer is as follows:
= Total invoices produces by second computer - Total invoices produces in 2 hours
= 15,400 - 13,600
= 1,800
Answer:
What would have been the percent earned or lost on the position is 23.2%
Explanation:
Proceeds of the sale $43 X 100 = $4,300 Margin requirement: .6 x $4,300 = $2,580
When the price of the stock rises to $49, the investor loses $600 ($4,300 - $4,900). ThereforeThe percentage lost on the invested funds is ($600)/$2,580 = (23.2%).
Answer:
7.4%
Explanation:
Coupon rate=coupon payment/face value
The coupon payment can be ascertained using the pmt Excel function as stated below:
=pmt(rate,nper,-pv,fv)
rate is the yield to maturity expressed in semiannual terms i.e 6.9%*6/12=3.45%
nper is the number of semiannual coupons the bond would pay over its 22.5 years i.e 22.5*2=45 payments
pv is the current price of $1057
fv is the face value of $1000
=pmt(3.45%,45,-1057,1000)=$37(semiannual coupon)
annual coupon=$37*2=$74
coupon rate=$74/$1000=7.4%
Answer:
the cost leadership strategy.
Explanation:
A river barge company can offer cheaper, although slower, per-pound transportation of products to companies when compared with transportation by air, truck, or rail. The river barge company should first target customers whose companies use the cost leadership strategy.
A cost leadership strategy is a business strategy which is aimed at using the lowest cost of production and operation in a business.
Hence, river barge company cheaper, although slower, per-pound transportation as against the use of air, truck, or rail which would be more expensive.
Answer:
$18,400
Explanation:
Given that
Direct material = $10
Direct labor = $6
Variable overhead
= ($70,000 ÷ 10000 units)
= $7
Total cost per unit of Finished Goods
= $23
So, the value of ending inventory under variable costing
= $23 × 800 units
= $18,400
Therefore we include Direct material per unit, Direct labor per unit and variable overhead per unit under variable costing.
