The current yield on the bonds would be 7.47%. A bond's current yield expresses its annual coupon as a percentage of the market price and can be above or below par.
Calculation:Given:
coupon bonds = 8.2%
coupon price = 109.75%
Hence,
Current yield = Annual coupon payment / coupon Price
Current yield = 82 / 1097.50 = 0.0747 or 7.47%
Why is Current Yield Important?Conceptually, the current yield represents the bondholder's yield if the investment were to be held next year. A bond's current yield indicates the interest rate that a bond or other bond investment is actually paying. It is an important factor that determines the profitability of bonds. So the current yield is also how much an investor would get from holding the bond for year.
How do you measure current yields on bonds?Current Yield on a Bond uses the market price of the bond instead of the face value to calculate the yield of the bond. It is calculated by dividing the annual coupon payment by the current market price.
To learn more about bond visit:
https://brainly.com/question/24179880
#SPJ4
The bonds' current yield would be 7.47%. The current yield of a bond, which can be above or below par, indicates the annual coupon as a percentage of the market price.
How do you determine the current yields on bonds?Current Yield on a Bond uses the market price of the bond instead of the face value to calculate the yield of the bond. It is calculated by dividing the annual coupon payment by the current market price.
Given:
coupon bonds = 8.2%
coupon price = 109.75%
Hence,
Current yield = Annual coupon payment / coupon Price
Current yield = 82 / 1097.50 = 0.0747 or 7.47%
How Important Is Current Yield?The current yield conceptually represents the bondholder's yield if the investment were held for the following year. The interest rate that a bond or other bond investment is actually paying is indicated by the bond's current yield. It has a significant role in determining how profitable bonds are. The annual return on a bond that an investor holds for a year is also included in the current yield.
To learn more about bond visit:
brainly.com/question/24179880
#SPJ4
A deduction that goes beyond what you know or assume to be a fact is known as __________. [p. 59, I]
Perspective monitoring is just as easy to do as it sounds. To make sure they understood accurately, the listener constantly repeats what ever the lecturer said or describes what they did.
What is the phrase for the capacity to recognize someone person as a special and distinctive person depends on our understanding of them?perception. being able to see someone as an individual separate from social positions and assumptions. person-centeredness. A bipolar mental meter that enables us to evaluate individuals and circumstances along particular judgmental dimensions, such as "honest-dishonesty
Are person-centeredness and empathy synonymous terms?Therapeutic empathy along with coherence, cooperation, teamwork, access, and autonomy make up person-centered care. In this conception, person-centered care includes therapeutic empathy but not the other way around.
To know more about monitoring Visit:
https://brainly.com/question/14784780
#SPJ4
An employee of a commercial bank selling the bank's bonds to its banking clients is acting in the capacity of a(n)
A commercial bank employee working in the position of a person excluded from the definition of an agent while selling the bank's bonds to its banking clients.
Describe Commercial Bank.Financial institution that provides loans, certificates of deposit, savings accounts, bank overdrafts, etc. to its customers. By making loans to people and charging interest on those obligations, these organizations make money. Commercial banks offer a variety of loans, including business loans, auto loans, home loans, personal loans, and student loans.
Deposits made by their clients in a variety of accounts serve as the source of funding for these loans. Deposits act as the capital for the loans they make. A country's economy depends heavily on commercial banks since they enable the generation of capital, credit, and market liquidity.
To know more about Commercial Bank, visit:
https://brainly.com/question/11639250
#SPJ4
What is 5x in share market?
In the stock market, 5x is a type of leverage ratio that is used to measure the amount of debt a company has versus its equity. It is calculated by dividing a company's total debt by its total equity.
A 5x leverage ratio indicates that a company has $5 of debt for every $1 of equity. This ratio is used to assess the financial stability of a company and to determine whether it is able to meet its financial obligations.
A stock is a type of instrument that denotes the holder's ownership stake in the issuing company and is typically traded on stock markets. In order to raise money to run their businesses, corporations issue stock. The two primary stock categories are common and preferred.
To know more about stock here
https://brainly.com/question/14115181
#SPJ4
Full-time homemakers and retirees are classified in the Bureau of Labor Statistics data as: Question 26 options: part of the labor force. not in the labor force. employed. unemployed.
Full-time homemakers and retirees are classified in the Bureau of Labor Statistics data as not in the labor force.
The labor force, often referred to as the labor force, refers to the group of people who are employed or unemployed. It is often used to refer to employees who work for a company or an industry, but it can also refer to a geographic area such as a city, state, or country.
The value of a company's "incumbent workforce" can be labeled. A country's labor force includes both the employed and the unemployed. Formal work is defined as any type of formal structured and paid work.
To know more about Labor force here-
https://brainly.com/question/13962639
#SPJ4
What is the cost of life insurance?
The cost of life insurance varies depending on factors such as age, health, and death benefit amount.
Life insurance premiums are based on a variety of factors that insurers use to determine risk. Age is one of the main factors, as those who are younger typically pay lower premiums. Other factors like the death benefit amount, medical history, lifestyle, and occupation can also affect the cost of life insurance.
Additionally, the type of life insurance policy chosen can also affect the cost. Term life insurance usually has lower premiums but no cash value, while whole life insurance has higher premiums but also provides a cash value component.
For more questions like Life insurance click the link below:
https://brainly.com/question/12343466
#SPJ4
A customer buys a 6.5% municipal bond with 20 years left to maturity in the secondary market priced at 120 to yield 5.00%. After taking taxes into consideration, the customer's yield will be:
The correct option is B. The after-tax yield to maturity is $55 / $1,100 = 5.00%.
The yield on this bond consists of 2 components: the annual 6.50% coupon rate and the annual 1% loss of the premium (20-point premium amortized over 20 years = 1 point loss per year). Since there is no tax deduction for the annual loss, the net return each year, after tax, is 5.50% (6.50% coupon - 1.00% annual loss = $55 per year). The bond's average value over its life is $1,100 ($1,200 purchase price + $1,000 redemption price / 2). The after-tax yield to maturity is $55 / $1,100 = 5.00%.
Consideration is one of the maximum important elements of a settlement as it states why each celebration is becoming a member of the agreement. Attention may be the alternative of money for services or products, or it is able to be an alternate of 1 form of product for some other kind of product.
Consideration is a payment made by means of one birthday celebration to any other in exchange for the transfer of something of price. consideration can include the charge of the property, the agreement of duty, or forbearance.
Attention is an essential element of a legitimate settlement. without it, the settlement is void and consequently cannot be enforced. it's far critical to notice that when you enter right into an agreement, you should have valid attention, adequacy of that is immaterial.
To learn more about Consideration visit here:
brainly.com/question/15445409
#SPJ4
Complete Question:
A customer buys a 6.5% municipal bond with 20 years left to maturity in the secondary market priced at 120 to yield 5.00%. After taking taxes into consideration, the customer's yield will be:
A. less than 5.00%
B. 5.00%
C. between 5.00% and 6.50%
D. more than 6.50%
Universal Containers wants to track Invoice Payments on an Opportunity Related List. Only the Finance Team should see this Related List; however, all Users should be able to view Invoice Payment reports. How should the System Administrator implement this requirement?
O Set the Invoice Payment Org-Wide Sharing Settings to Private.
O Only grant Finance access to the Invoice Payment object.
O Build an Invoice Payment report with a Running User of Finance.
O Create a new Page Layout and Profile for the Finance Team
Option D is correct, It should System Administrator implement this requirement by creating a new Page Layout and Profile for the Finance Team.
International distributor of containers, Universal Containers is expanding quickly. The business manufactures all different types of containers, including small postal containers, special equipment packing, and huge cargo shipping containers. The Salesforce Administrator certificate is intended for those with Salesforce administrator expertise who are always seeking new methods to help their organizations make the most of both existing and emerging features and capabilities. Establishing an Org set up by
Describing the information that may be found in Setup's company information section. List the different UI elements that an administrator can modify.Put each UI feature to use in typical circumstances.Put into practice typical scenarios involving business information.To learn more about invoice payments, click at:
https://brainly.com/question/13959490
#SPJ4
When considering the various resources factors of production which of the following is most likely to represent capital?
one of the three factors of production, capital is the wealth, buildings, machinery and equipment owned by a business used to produce goods and services.
What is capital in factors of production?Capital goods, also known as man-made resources like tools and infrastructure, are referred to as a factor of production. These resources are utilised to produce commodities and services.All the materials required for producing a good or service are included in this. Land, labour, capital, and entrepreneurialism all function as production elements.Investing in capital is the third production element. Consider capital as the equipment, resources, and structures that people employ to create goods and services. Hammers, forklifts, conveyer belts, computers, and delivery trucks are a few typical objects that can be considered instances of capital.In order to produce additional commodities and services, capital is a factor of production that has been created. Capital examples include office structures, equipment, and tools. The resources that come from nature are known as natural resourcesTo learn more about production refers to:
brainly.com/question/22024314
#SPJ4
Question 4 of 10
The formula to calculate percentage is the same as which other function?
O A. Addition
O B. Division
OC. Subtraction
OD. Multiplication
UBMIT
Out of the choices provided above, it can be concluded that under mathematical calculations, the formula to calculate percentage is the same as the function of division. Therefore, the option B holds true.
What is the significance of mathematical calculations?
Mathematical calculations can be referred to or considered as the methods to find exact numerical values of an equation containing at least two different numbers in terms of mathematical expressions. Basic calculations include addition, division, subtraction, and multiplication.
When there is a need to calculate the percentage of a number with respect to another number, the number is put into division by the other number in order to find the value of the percentage. The values found are always in fractions and never in whole numbers.
Therefore, the option B holds true and states regarding the significance of mathematical calculations.
Learn more about mathematical calculations at:
brainly.com/question/3146098
#SPJ1
What is the mood of a poem called?
The mood of a poem is the atmosphere or feeling created by the poet's words.
What is the name for the poem's mood?It is the emotional reaction of the reader to the poem that can be described in terms of attitude, tone, and emotion. A poem’s mood can be conveyed through its theme, imagery, sound, and diction.The mood of a poem is often established by the poet’s choice of language. Poets use a variety of words to create a particular mood. For example, words used may be dark and depressing, joyous and uplifting, or mysterious and enigmatic. The poet’s choice of language can also be used to express a particular emotion such as love, anger, or despair.The atmosphere of a poem is also determined by its structure. The way the poem is organized and the poetic devices used in it can contribute to the overall mood of the poem. For instance, a poem with a consistent rhyme scheme and meter will usually create a sense of order and structure, while a poem that uses a freer form of writing may give the reader a sense of chaos.Finally, the title of a poem can also influence its overall mood. A poem with a tragic title may evoke a sense of sadness or despair, while a poem with a positive title may evoke feelings of joy or optimism. In short, the mood of a poem is determined by the poet’s choice of language, structure, imagery, symbols, and title. It is the emotional response of the reader to the poem, which can be described in terms of attitude, tone, and emotion.To learn more about the mood of a poem refer to:
https://brainly.com/question/30124084
#SPJ4
Which of the following is not part of the sales activity in the flow of manufacturing activities?
a. Beginning Finished Goods Inventory.
b. Cost of Goods Manufactured.
c. Total Finished Goods available for sale.
d. Ending Work in Process Inventory.
e. Cost of Goods Sold.
Because they represent the end result of the production process and are available for purchase, the total finished products are not regarded as a component of the production activity.
Which of the following list items are parts of the schedule of cost of manufactured goods?Direct Materials, Direct Labor, Factory Overhead, and Cost of Goods Manufactured are some of the parts.
Which of the following is not a part of manufacturing?Depreciation on factory equipment and factory land will be reflected in the manufacturing account, while it will be shown in the profit and loss account for office buildings and land.
To know more about production visit:
https://brainly.com/question/22852400
#SPJ4
To raise productivity, policymakers could Group of answer choices increase spending on education. provide tax credits to firms for capital improvements. fund research and development. All of the above are correct.
The government can implement measures that encourage investments in human capital and technological advancements in order to raise productivity, which raises living standards.
In addition to encouraging entrepreneurship and technical advancements, education frequently increases productivity and creativity. These all contribute to increased output and economic growth. It offers information to help people comprehend the social changes that are occurring; it also encourages innovation; and it makes it easier for people to adopt new technology. Supply-side policies aim to make the economy more efficient and competitive. They may consist of initiatives like tax breaks, privatisation, spending on education, and more adaptable job markets. Maintain simplicity. It's important to have a productivity plan, but it doesn't need to be complicated.
To learn more about investments click the link below:
brainly.com/question/15353704
#SPJ4
What happens to an overdrawn bank account?
If you overdraw an account too many times or let an account stay negative for too long, your bank will likely close the account.
What happens to an overdrawn bank account?In other situations, the bank will keep processing the transaction rather than returning it, which results in costs until you make a deposit to make up the difference.
Overdraft protection may be provided by your bank. Banks give their consumers the option of doing this. Up to a specific limit, it functions as a kind of insurance policy that permits transactions to be processed even if you don't have money in your account. It functions similarly to a short-term loan, thus you can be charged a fee and/or interest for utilising the service depending on the bank, your account type, and the features you have.
You may be able to link your checking account to another account in particular circumstances. The money is automatically transferred to your account if your balance falls into overdraft.
To learn more about overdrawn bank account refer to:
https://brainly.com/question/28744554
#SPJ4
The one-to-one function g and h are defined a follow. G={(-6, 1), (-4, -6), (1, 4), (6, 7)}
h(x)= -x-9 \5
A one-to-one function is a function in which each element in the range of the function corresponds to one and only one element in the domain of the function.
Given:
g(x) = {(-6, 1), (-4, -6), (1, 4), (6, 7)} is a set of ordered pairs that represents the function g. Each ordered pair represents a mapping between an input value (x) and an output value (y). For example, g(-6) = 1, g(-4) = -6, g(1) = 4, and g(6) = 7.h(x) = -x-9 is a function that takes an input value x and applies the operation -x-9 to it. The output value is the result of this operation.For example:
h(5) = -5 - 9 = -14h(-3) = 3 - 9 = -6The function h(x) is a one-to-one function, meaning that it assigns a unique output value to each input value. It is possible to check this by observing that the function h(x) does not assign multiple outputs to the same input.
Learn more about function h(x) = x + 2 here: brainly.com/question/29261337
#SPJ4
The process of narrowing the field of offerors through the selection of the most qualified proposers on the basis of qualifications is called:
The process of narrowing the field of offerors through the selection of the most qualified proposers on the basis of qualifications is called shortlisting.
Basis of qualifications are the prerequisites that an applicant must meet in order to be given preliminary consideration for the employment. When submitting an application for a job at Harvard, be careful to explain in detail how you satisfy the minimal requirements for the open position in both your cover letter and CV. Consider your prior schooling and employment. Consider the life skills you've acquired. For an alternative viewpoint, speak with those who are familiar with you outside of work. Your education, work history, skill set, and character traits currency float are all examples of your qualifications. Qualifications may include a college degree, a licence, great communication skills, the capacity to lift 50 pounds, attention to detail, a dedication to diversity, reliability, and a cheerful outlook.
learn more about currency float here
https://brainly.com/question/13400477
#SPJ4
Multiple Choice
European philosophies regarding regulatory environment and competition for business are only shaped by the fact that Europe is
smaller and has more people and limited resources.
True
False
It is true that European philosophies regarding regulatory environment and competition for business are only shaped by the fact that Europe is smaller and has more people and limited resources.
What are European philosophies?In Europe, especially on the continent, philosophy has long been significant. Philosophy used to be a major component of education in continental Europe.
Since Roman times, future aristocrats and technocrats have chosen to receive their education in Greek-Latin at the Lycee.
The fact that Europe is more populous, smaller, and has fewer resources has only served to mould European views on the regulatory environment and corporate rivalry.
Thus, the given statement is true.
For more details regarding European philosophies, visit:
https://brainly.com/question/12297395
#SPJ1
The first step in the delegation process is
Choose matching definition
1 a hierarchy
2 defining the goal
3 analyzing the organizational chart
4 performing a sensational analysis
Defining the goal is the first stage in the delegation process.This is the matching definition.
What is delegation process?
Delegation is the process of assigning authority and responsibility to a subordinate in order to accomplish a task. The delegation process involves transferring some of the decision-making power and authority from the superior to the subordinate. It is an important tool for managing workload, improving efficiency, and driving results. The delegation process involves clearly defining the scope of authority and responsibility that the subordinate has been delegated and the expectations of the delegate. The superior must also provide the resources, information, and support necessary for the delegate to accomplish the task successfully.
So, The correct option is 2) defining the goal.
To learn more about delegation process:
https://brainly.com/question/10708236
#SPJ4
What is a market economy example?
A classic example of a market economy is the United States, where businesses and individuals freely buy and sell goods and services without government interference.
A market economy is an economic system in which goods and services are produced and exchanged in a free market based on supply and demand.
This means that prices are not set by the government, but instead are determined by what buyers and sellers are willing to pay.
A good example of a market economy is the United States, where the prices of goods and services are determined by the competition between buyers and sellers.
The government does not set prices, and businesses are free to produce whatever they are able to sell at a price that will attract buyers. This type of economy encourages innovation, as businesses are incentivized to create and market new products to meet consumer demand.
To learn more about market economy, click here:
https://brainly.com/question/11471834
#SPJ4
Choose a picture of a family member, a friend, or a person that you admire in business, political, sports entertainment and other industries that motivate you to achieve your dream
Mohammed Ali was a professional boxer, philanthropist, and social crusader whose passion, perseverance, and desire to be the greatest in his area motivates me.
He exemplifies self-actualization, the highest level of Maslow's Hierarchy of Needs, because he not only attained professional achievement but also used his position to promote social change and better the lives of others.
His uncompromising devotion to his ideas and tireless pursuit of greatness served as a continual reminder to never settle for mediocrity and to strive for perfection in all aspects of my life.
What is Abraham Maslow's Hierarchy of Needs Theory?Abraham Maslow's Hierarchy of Needs Theory is a psychological theory that discusses how humans have a certain set of needs that must be addressed in order to achieve the ultimate goal of self-actualization.
Maslow's thesis is based on the idea that we are driven by our basic human needs. Furthermore, if some of our most basic requirements are not addressed, we may be unable to advance and meet our other needs. This may explain why we feel "stuck" or uninspired.
Learn more about Abraham Maslow's Hierarchy of Needs Theory:
https://brainly.com/question/9515872
#SPJ1
Full question:
Choose a picture of a family member, a friend, or a person that you admire in business, politics, sports entertainment and other industries that motivate you to achieve your dream. Be creative wrth your answer. You can send your answer online or you can paste a picture inside.
Describe that person and based on Maslow's Hierarchy of Needs Theory explain how he/she motivates you and your desire to fulfil your dreams needs. Write your answer below.
If the marginal propensity to consume is 0.9, the government increases purchases by $100, and net exports decline by $60, the equilibrium level of real gross domestic product will
The equilibrium level of the real gross domestic product will increase by up to $400.
The percentage of an overall salary increase that a customer spends on purchasing goods and services rather than saving is known as the marginal propensity to consume (MPC) in economics.
The MPC calculates how much money a person decides to spend on services and products rather than save as their income rises. In light of this, the MPC formula is MPC = change in consumption/change in income. The MPC in the aforementioned example would be 500/1000, or 0.5.
MPC is the percentage of additional money that a person spends. For instance, if a household receives an additional dollar of disposable income and its marginal propensity to consume is 0.65, it will spend 65 cents of that dollar and save 35 cents.
Learn more about marginal propensity here:
https://brainly.com/question/19089833
#SPJ4
What do you mean by a decidable problem?
A decision-making issue that can be resolved in a finite amount of steps by an algorithm that halts on all inputs.
What do you mean when you say to describe decidable and undecidable problems?If the language L of every instance of yes to a decision problem P cannot be decided, then P is not solvable. Although not decidable, an undecidable problem may be partially decidable. Let's assume that if a language is not even partially decidable, then it does not have a Turing machine.a decision-making issue that can be resolved in a finite amount of steps by an algorithm that halts on all inputs. A decidable language is the one that goes along with it. Additional names include algorithmically solvable, recursively solvable, and completely decidable issue.To learn more about decidable problem refer to:
https://brainly.com/question/30142700
#SPJ4
A person assumes all risks associated with any activity in which he or she participates
True/False
A person assumes all risks associated with any activity in which he or she participates. The given statement is True.
What do you mean by activity?
Activity is a task or something that is done or performed, especially on a regular basis. It is a dynamic process, involving the conversion of resources into a product or service that satisfies an individual's needs or wants. Activities can be physical, mental, or social, and can involve both work and leisure. They can involve physical effort, such as running, playing sports, or doing exercises. Mental activities include reading books, doing puzzles, and playing video games. Social activities involve interacting with others such as talking, playing games, or attending events. Activities can also involve creative endeavors such as painting, writing, or music. They can be done with friends, family, or alone. Ultimately, activities are important for physical, mental, and social health, and for a person's overall wellbeing.
So, the required answer is True.
To learn more about Activity:
https://brainly.com/question/26984288
#SPJ4
Why is mixed market the best?
In a mixed economy, private producers can participate, fostering healthy competition and the possibility of financial gain. Additionally, it supports public ownership of the manufacturing sector, which can help with social welfare demands.
What benefits do mixed markets offer?A mixed economy allows some economic freedom in the usage of while protecting private property and capital, but it also permits government intervention in the economy to further social objectives.
A mixed economy maintains a balance between private and public ownership, integrating both capitalism and socialism. Due to the fact that it enables the interests of both the government and private businesses to flourish, many nations view mixed economies as advantageous.
A worker can get the employment they desire, a business can find the opportunity they want, and both can contribute to the government to ensure the overall well-being of all parties involved. 8. It continues to outline the function of the government in society.
To learn more about mixed economy refer to :
https://brainly.com/question/10639562
#SPJ4
What are the basic 3 basic economic questions to make our decisions right?
Any mechanism for distributing limited resources qualifies as an economic system. What will be produced, how will it be produced, and how will the output society creates be distributed? are the three fundamental problems that economic systems address.
There are two extremes in the responses to these queries. In command economies, the government makes decisions on the distribution of resources as well as the distribution of output and consumption. In market economies, the factors of production and consumption are all coordinated through markets, and private ownership of resources is formed through property rights. Using prices set by markets, resources in a market economy are distributed to the use that will maximize their productivity.
know more about economic systems here
https://brainly.com/question/27630988#
#SPJ4
Which of the following statements about break-even analysis is true?
A) it is a technique used to calc fixed costs
B) it is used to determine how much production experience a company must have to achieve its desired efficiencies
C) it is calculated using variable costs, the unit price, and fixed cost
C) The claims made about the accuracy of the break-even analysis are true; it is computed using variable costs, the unit price, and fixed expenses.
How is Break-Even Analysis Conducted?A financial formula called a break-even analysis is performed to figure out a company's break-even point (BEP). It is not a computation, but rather an internal management tool that is frequently disclosed to outside parties like regulators or investors. Although it could be requested by financial institutions as part of your financial projections on a bank loan application.
In relation to unit pricing and profit, the formula takes both fixed and variable costs into consideration. No matter how many units of a good or service are sold, fixed expenses stay the same. Examples of fixed expenditures include mortgage or rent for a facility, expenses for equipment, salaries, and interest on debt.
To know more about internal management visit: https://brainly.com/question/14604648
#SPJ4
The lowest unemployment rates in the country are in _____.
A. D.C. and Wisconsin
B. Colorado and Hawaii
C. Alaska and California
D. New York and New Jersey
Colorado and Hawaii has The lowest unemployment rates in the world.
Hence, option B is correct
The reason for the extremely low level of registered unemployment is that all unemployed people who have turned down a job offer twice in a row are automatically removed from the register by employment centers. Furthermore, jobs with a minimum wage are typically advertised in the employment center. Cyclical unemployment is brought on by low consumer demand. When demand declines, businesses lose too much money. Employees must be let go if they don't think sales will increase any time soon. Lower consumer demand results from higher unemployment.The unemployment rate is the proportion of unemployed people in the labor force.To know more about unemployment here
https://brainly.com/question/27413958
#SPJ4
On a CVP graph, the total cost line intersects the vertical (dollars) axis at A. the level of the variable costs. B. the origin C. the level of the fixed cost. D. the breakeven point.
Option D is correct because, at the break-even point, the total cost line on a CVP graph intersects the vertical (dollars) axis.
What is an analysis of cost-volume-profit?Break-even analysis, or Cost Volume Profit (CVP) Analysis, is a financial planning tool that business leaders use to choose short-term business strategies. The short-term effects of changes in selling price, costs, and volume on profits are communicated to business decision-makers by this.
Break-even analysis is the most common use of CVP by leaders in financial planning and analysis (FP&A). Simply put, break-even analysis is the process of determining how many sales are required to cover the costs of running a business to the point where there is no profit or loss.
To learn more about CVP graph visit :
https://brainly.com/question/26411668
#SPJ4
Assume (1) estimated fixed manufacturing overhead for the coming period of $200,000, (2) estimated variable manufacturing overhead of $2.00 per direct labor hour, (3) actual manufacturing overhead for the period of $320,000, (4) actual direct labor-hours worked of 54,000 hours, and (5) estimated direct labor-hours to be worked in the coming period of 55,000 hours. The predetermined plantwide overhead rate for the period is closest to:
A) $5.82
B) $5.70
C) $5.93
D) $5.64
Could I also have a step by step explanation please?
The predetermined plantwide overhead rate for the period is closest to $5.64 when estimated fixed manufacturing overhead for the coming period of $200,000.
Calculating the problem:Given:
Estimated fixed overhead rate = 200,000
Estimated variable manufacturing overhead = $ 2.00
Predetermined Overhead rate = Estimated Variable overhead rate + Estimated Fixed overhead rate
= 2 + (predicted fixed manufacturing overhead cost/Estimated labor hours)
= 2 + (200,000/55,000)
= 2 + 3.64
= $5.64
Manufacturing overhead rate:The standard amount of factory overhead costs that are allocated to each production unit is known as a manufacturing overhead rate. Accrual-based accounting assigns factory overhead costs to units that have been sold and units that are stored in inventory using this information.
There are five distinct categories of overhead in manufacturing: indirect employment; indirect supplies, materials, and parts for repair; utilities and rent; depreciation; monetary costs
What is the overhead rate, exactly?The overhead rate is the ratio of direct costs, sales, or other inputs, like machine hours, to overhead costs (rent and other administrative costs). It shows owners and managers how their company's indirect costs compare to, say, its direct manufacturing or gross sales costs.
Why is overhead necessary?Because it provides crucial support for the production of activities that result in profits, overhead is still required. For instance, in order to obtain a location that is suitable for the sale of clothes, a high-end clothing retailer must pay a sizeable sum for rent, which is a type of overhead.
Learn more about manufacturing overhead costs:
brainly.com/question/17250459
#SPJ4
If the consumer price index (CPI) were 131 at year-end 1999and 125 at year-end 1998, then inflation during 1999 was
From the base year to the current year, prices have risen by 30%. First, divide the result by the CPI for the starting date by the difference between the consumer starting date (A) and the ending date (B) (A).
Then divide the value by 100 to obtain the percentage inflation prices. Typically, to obtain a baseline for the consumer price index, multiply the sum by 100. The number that sets the comparability of your total is known as the baseline. For instance, if you divided $290 by $260, the result was 1.16. To get your baseline, multiply this value by 100.
To learn more about consumer, click here.
https://brainly.com/question/2676728
#SPJ4
What is the best thing that you can do for your financial future?
Some of the best things you can do for your financial future include creating a budget, saving and investing regularly, managing debt, building an emergency fund, educating yourself about personal finance, and planning for retirement.
There are many things that you can do to improve your financial future, but some of the best things include:
Creating a budget: Having a budget in place can help you manage your money more effectively, and ensure that you are saving enough for your future goals.Saving and investing regularly: Saving and investing a portion of your income regularly can help you build wealth over time.Managing debt: Paying off high-interest debt as soon as possible and avoiding taking on more debt can help you improve your overall financial position.Building an emergency fund: Having an emergency fund can provide a financial safety net in case of unexpected expenses or loss of income.Educating yourself about personal finance: Understanding the basics of personal finance, such as how to invest, how to budget, and how to manage debt, can help you make informed decisions about your money.Planning for retirement: Planning for your retirement by starting to save early, choosing the right type of retirement account, and seeking professional advice if needed.To learn more about the financial future at
https://brainly.com/question/15893784?referrer=searchResults
#SPJ4