Answer:
$1,490,000
Explanation:
Given that,
Direct Material used = $795,000
Wages to Line workers = $270,000
Indirect Materials used = $425,000
Total product cost for the year:
Direct Material used + Wages to Line workers + Indirect Materials used
= $795,000 + $270,000 + $425,000
= $1,490,000
Therefore, the total product costs for the year is $1,490,000.
I don't think it is copyrighted, the two cars look nothing alike. Slushiest is basically it's own thing
Answer:
RE break point = $24500
Explanation:
21,000 net income
30% OF Earnings as dividends
21,000 x 30% = 6,300 dividends
Retained Earnings (assuming no previous beginning value)
21,000 - 6,300 = 14,700
RE break point = 14,700/0.6 = 24500
What does the $24,500 mean?
This mean that the company can raise financing for this ammount without changing their capital structure (60% equity 40% debt)
If the company wants to finance for more, it will need to raise new shares or chance their capital structure, and therefore the WACC will change
Answer:
The answer is $3,888.22
Explanation:
This is an annuity due because the cash flow is being done on the first day of each period.
Annuity is a fixed sum of money paid to or receceived from someone or business every year.
Future Value(FV) = $30,000
Interest rate(i or I/Y) = 10%
Number of years(N)= 6 years
Annuity (PMT) = ?
Using a Financial calculator to solve it (Texa BA II Plus )
Annuity (equal contributions) will be $3,888.22
Answer:
Interest expense 18,284.17 debit
Premium on BP 1,965.83 debit
Cash 20,250 credit
Explanation:
procceds 461,795
face value 450,000
premium on bonds payable 11,795
As the cash received exceed the face value then, the bonds were isued at premium.
This will be amortized over the bonds life
3-year bonds with semiannual payment: 6 payment in total
amortization per payment:
11,795 / 6 = 1.965,83
The will post:
the cash disbursement in favor of the bondholder:
450,000 x 9%/2 = 20,250
amortization (1,965.83)
interest expense: 18.284,17
