Answer:
$150 for budgeted direct materials and $180 for budgeted direct materials.
Explanation:
You take direct materials of 1.80 x sales volume of 50 units= budgeted direct material $90
To find a sales volume of 60 units, you take $1.80 of direct material X sales volume of 60 units= budgeted direct material of 108.
Answer:
Type 1 decision error cost and Type 2 decision error cost
Explanation:
Type 1 decision error cost has to do with recruiting the wrong candidate or person specification for the job, type 1 error are expensive to the organization and frustrating to the employees. Type 2 decision error cost has to do with the opportunity cost forgone, when the right candidate which could have been hired, was not hired.
The CEO is likely to discover the Type 1 decision error cost
Answer:
Explanation:
Apply first discount to original price
apply next discount to discounted price
etc
Answer:
7.28%
Explanation:
For this question we use the RATE formula that is shown in the attachment below:
Provided that
Present value = $1,075
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 8% ÷ 2 = $40
NPER = 20 years × 2 = 40 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the coupon rate is
= 3.64% × 2
= 7.28%
