For each of the following annuities, calculate the present value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Present Value Annuity Payment Years Interest Rate
$ 2,100 7 5 %
1,310 9 4 %
11,830 19 6 %
30,650 27 8%

Answers

Answer 1

Answer:

Results are below.

Explanation:

Giving the following information:

Annuity Payment Years Interest Rate

$ 2,100 7 5 %

1,310 9 4 %

11,830 19 6 %

30,650 27 8%

To calculate the present value, we need to use the following formula:

PV= A*{(1/i) - 1/[i*(1 + i)^n]}

A= annual payment

a)

PV= 2,100*{(1/0.05) - 1 / [(0.05*(1.05^7)]}

PV= $12,151.38

b)

PV= 1,310*{(1/0.04) - 1 / [(0.04*(1.04^9)]}

PV= $9,740.28

c)

PV= 11,830*{(1/0.06) - 1 / [(0.06*(1.06^19)]}

PV= $132,000.52

d)

PV= 30,650*{(1/0.08) - 1 / [(0.08*(1.08^27)]}

PV= $335,162.8


Related Questions

The Bronco Corporation exchanged land for equipment. The land had a book value of $131,000 and a fair value of $172,000. Bronco received $21,000 from the owner of the equipment to complete the exchange which has commercial substance. Required: 1. What is the fair value of the equipment

Answers

Answer: $151,000

Explanation:

The fair value of the equipment is the amount that was less than the fair value of land by the amount of cash that the equipment owner had to pay to complete the transaction:

Fair value of equipment = Fair value of land - Cash paid by owner of equipment

= 172,000 - 21,000

= $151,000

Under what circumstance would agency conflict be most likely to increase? When owners are very close to the business. When owners are separated from the business. When oversight by the board is adequate. When the incentives of a manager align with those of owners.

Answers

Answer:

When owners are separated from the business

Explanation:

Agency conflict arises when ownership is separated from management and management have to take decision to maximize wealth of owner instead of themselves.

Hence when owners are separated from the business is the correct answer.

The ogvernment is bound by the acts of its agents committed within the scope of their agents authority, such as express and actual authroity.
A. True
B. False

Answers

Answer: True

Explanation:

Express and actual authority refers to the agent's power to act on behalf of a principal, which had been granted by the agreement that already took place between the agent and principal.

It should be noted that government is bound by the acts of its agents which are committed within the scope of their agents authority, like the express and actual authroity.

Therefore, the correct answer is True.

You are given the following data on US Treasury. The maturity date is May 15, 2041. The asked yield-to-maturity is 2.128%. The coupon rate is 2.35%. You agree to buy the bond June 21, 2021. Assume T 2. Par is $1,000. What is the clean (flat) price

Answers

Answer:

$1,035.84

Explanation:

Number of years to maturity (Nper) = 20

Annual Coupon payment (PMT) = 1000*2.35% =$23.50

Payment at maturity (FV) = $1000

Yield to maturity (Rate) = 2.13%

Using the MsExcel Present value function

Clean(flat) price = PV(Nper, PMT, FV, Rate)

Clean(flat) price = PV(20, 23.50, 1000, 2.13%)

Clean(flat) price = 1035.8436

Clean(flat) price = $1,035.84

What is Brad doing when he starts dialoguing with his colleagues about their opinions related to tobacco use at the hospital

Answers

Answer: Using collective strategies

Explanation:

Collective strategies has to do with the organizing of people in order to be able to change health damaging environment and this is done through several strategies such as the provision of educational forums, building coalitions, lobbying for legislative changes etc.

Therefore, Brad dialogue with his colleagues about their opinions related to tobacco use at the hospital is the use of collective strategies.

This is science ฅ^•ﻌ•^ฅ

Answers

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Is the sun a star?

A. Yes

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✍︎☮︎ʀʀʏɴʟʀɴɪɴɢ☮︎

Suppose advances in computer technology lead to a surge in worker productivity. In the long run, output will ________ and the price level will ________.

Answers

Answer:

increase; decrease.

Explanation:

Technology can be defined as a branch of knowledge which typically involves the process of applying, creating and managing practical or scientific knowledge to solve problems and improve human life. Technologies are applied to many fields in the world such as medicine, information technology, cybersecurity, engineering, environmental etc.

Generally, technology has impacted the world significantly and positively as it has helped to automate processes, increased efficiency and level of output with little or no human effort.

Assuming advances in computer technology led to a surge in the level of productivity by the workers working in a company. In the long run, output will increase and the price level will decrease.

Typical cash outflows of a project include all of the following except: A. the original investment B. depreciation expense. C. additional inventory required D. repairs and maintenance expenses E. all of the above are typical cash outflows.

Answers

Answer:

B. depreciation expense

Explanation:

Project cash flow can be regarded as how cash flows into as well as out of an organization with respect to a particular potential or existing project. Project cash flow encompass costs for such a project as well as the revenue.

conventional cash flow as regards a project is been structured typically as an initial outflow, which is then followed by inflows numbers over a particular period of time.

Typical cash outflows of a project include the following ;

✓the original investment

✓additional inventory required

✓repairs and maintenance expenses

NetonBe makes sweaters, which traditionally involved the following steps: dyeing (i.e., into six different colors), knitting of the dyed fabric into three sizes each (small, medium, and large) and then distributing to the stores. As such, there were 18 different sweater color & size combinations in the end, each with a demand that is normally distributed with a mean of 1,000 and a standard deviation of 100. NetonBe has just developed a new system that allows them to knit a generic color sweater first, and then dyeing this generic sweater. As such, they only need to hold safety inventory for the three sizes, each with an average demand of 6,000. What would be the standard deviation in demand for each of these three generic sweaters?
a) Approximately 600
b) Approximately 300
c) Approximately 245
d) Approximately 60

Answers

Answer:

NetonBe

The standard deviation in demand for each of these three generic sweaters is:

a) Approximately 600

Explanation:

a) Data and Calculations:

Different sweater color & size combinations in the end = 18

Normally distributed demand mean of size = 1,000

Total demand of sizes = 18,000

Standard deviation of each size = 100

Standard deviation = 10% of mean (100/1,000 * 100)

Standard deviation for the total sizes = 1,800 (18,000 * 10%)

Average demand of new three sizes = 6,000

Total demand for the three new sizes = 18,000 (6,000 * 3)

Therefore, the standard deviation in demand for each of these three generic sweaters will be = 600 (6,000 * 10%)

What is you view of international initiatives to criminalize foreign bribery? Explain your answer and please conduct research to support your findings, citing at least one resource in APA format.

Answers

Answer:

Bribery is act of paying someone incentive in the form of money to get an undue favor.

Explanation:

Bribery is a global issues. People use this unfair mean to achieve what they want. Bribery is illegal in almost all countries of the world. Many countries have issued strict laws against bribery to stop it. Foreign corrupt practicing act of 1977 issued by United States to make bribery unlawful and minimize this crime in the country. Many businesses offer handsome amount as bribery to many countries government to get unfair advantage in the foreign country which completely creases the domestic businesses as competition arises in the home country.

Melvin begins his retirement fund at age 30, depositing $1,000 per month until age 50. Cindy begins her retirement fund at age 20, depositing the same $1,000 per month amount until age 50. Both Melvin and Cindy earn 5 percent annual interest on their funds, and there are no tax considerations in this problem. Based on the provided information :____________
a) and assuming they retire at age 50, Cindy will have less than 50 percent more than Melvin
b) and assuming they retire at age 50. Cindy will have exactly 50 percent more than Melvin.
c) and assuming they both retire at age 60. Cindy will have less than Melvin.
d) the difference between the two will get larger with higher inflation
e) and assuming they retire at age 50. Cindy will have over 50 percent more than Melvin.

Answers

Answer: D. and assuming they retire at age 50, Cindy will have over 50% more than Melvin

Explanation:

Since Melvin begins his retirement fund at age 30, depositing $1,000 per month until age 50 while Cindy begins her retirement fund at age 20, depositing the same $1,000 per month amount until age 50 with a 5% annual interest on their funds, then we can deduce that if they retire at age 50, Cindy will have over 50% more than Melvin.

Therefore, the correct option is D.

julie has just retired. Her company’s retirement program has two options as to how retirement benefits can be received. Under the first option, Julie would receive a lump sum of $127,000 immediately as her full retirement benefit. Under the second option, she would receive $14,000 each year for 10 years plus a lump-sum payment of $53,000 at the end of the 10-year period. Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using tables. Required: 1-a. Calculate the present value for the following assuming that the money can be invested at 11%. 1-b. If she can invest money at 11%, which option would you recommend that she accept

Answers

Answer:

a. i. Present value of first option = $127,000

ii. Present value of second option:

= Present value of $14,000 annuity + Present value of $53,000 lump sum.

Present value of annuity:

= Annuity * Present value interest factor of annuity, 11%, 10 years

= 14,000 * 5.8892

= $82,448.80

Present value of lump sum:

= 53,000 / ( 1 + 11%)¹⁰

= $18,665.77

Present value of second option = 82,448.80 + 18,665.77

= $101,114.57

b. She should take the first option. It has a larger present value.

Rickett Corporation had a favorable direct-labor efficiency variance of $6,000 for the period just ended. The actual wage rate was $0.50 more than the standard rate of $12.00. If the company's standard hours allowed for actual production totaled 9,500, how many hours did the firm actually work

Answers

Answer:

Actual Quantity= 9,000 hours

Explanation:

Giving the following information:

Direct-labor efficiency variance= $6,000 favorable

Standard rate= $12.00.

Standard quantity=  9,500

To calculate the actual hours worked, we need to use the following formula.

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

6,000 = (9,500 - Actual Quantity)*12

6,000= 114,000 - 12Actual Quantity

12Actual Quantity = 108,000

Actual Quantity= 9,000 hours

A firm is evaluating the performance of two managers running a summer training program. One manager is in a large division with over 100 trainees, while the other is in a small division with only 15 trainees. What is one principle the firm should use in its evaluation

Answers

Answer:

Principle of equitable assessment

Explanation:

In simple words, the principle of equitable assessment refers to the concept which states that while comparing two subjects, the evaluation will be in such a way that the assessment will be fair to both the topics.

Hence, it should be made in such a way or should be made on those dimensions which consdier the differences between the two population.

Why is keeping a journal about what is good and bad regarding your summer or part-time work a good idea to help you choose a career path

Answers

The correct answer to this open question is the following.

Keeping a journal about what is good and bad regarding my summer or part-time work is a good idea to help me choose a career path because writing down what I like and what I dislike, I can get a pretty close idea of the things I enjoy and have more skills to perform, compared to the things I do not like or I have no abilities at all.

If a clearly identify my skills and abilities in the workplace during the summer, it will be easier for me to identify what could be the profession I love or at least, what I am attracted to.

As it is difficult to remember all the work experience by memory, writing the journal will help me to remember exact dates, specific activities that I enjoyed or were interesting, and what was not.

Cavan Company prepared the following reconciliation between book income and taxable income for the current year ended December 31, year 1.
Pretax accounting income ...............................$1,000,000
Taxable income ...................................................(600,000)
Difference $ 400,000 Book-tax differences:
Interest on municipal income ...........................$ 100,000
Lower financial depreciation................................300,000
Total......................................................................$ 400,000
Cavan’s effective Federal and state income tax rate for year 1 is 30%. The depreciation difference will reverse equally over the next three years at enacted tax rates as follows.
Year Tax Rate Year 2 30% Year 3 25% Year 4 25%
In Cavan’s year 1 income statement, the deferred portion of its provision for income taxes should be: __________.
a. $120,000
b. $80,000
c. $100,000
d. $90,000

Answers

Answer:

b. $80,000

Explanation:

The computation of the deferred portion of its provision for income taxes should be given below:

= $300,000 ÷ 3  years

= $100,000

Now

= 30% of $100,000 + 25% of $100,000 + 25% of $100,000

= $30,000 + $25,000 + $25,000

= $80,000

Therefore the option b is correct

Consider the following information for Evenflow Power Co.,
Debt: 5,500 5.5 percent coupon bonds outstanding, $1,000 par value, 19 years to maturity, selling for 104 percent of par; the bonds make semiannual payments.
Common stock: 137,500 shares outstanding, selling for $56 per share; the beta is 1.08.
Preferred stock: 18,500 shares of 5 percent preferred stock outstanding, currently selling for $106 per share.
Market: 7.5 percent market risk premium and 4 percent risk-free rate.
Assume the company's tax rate is 31 percent.
Required:Find the WACC.

Answers

Answer:

8.02 %

Explanation:

Weighted Average Cost of Capital (WACC) is the the cost required by holders of permanent source of capital pooled together.

WACC = Cost of Equity x Weight of Equity + Cost of Preferred Stock x Weight of  Preferred Stock + Cost of Debt x Weight of Debt

where,

Cost of Equity (CAPM) = 4 % + 1.08 x 7.5 %

                                     = 12.10 %

Cost of Preferred Stock = 5%

Cost of Debt :

PMT = ($1,000 x 5.5%) ÷ 2 = $27.50

N = 19 x 2 = 38

PV = $1,000 x 104 % = - $1,040

P/YR = 2

FV = $1,000

I/YR = ??

Using a Financial calculator the YTM (which is the cost of debt) is 5.17 %

But,

We use after tax cost of debt.

After tax cost of debt = 5.17 % x (1 - 0.31) = 3.57%

also

Total Market Value = $5,720,000 + $7,700,000 + $1,961,000 = $15,381,000

Weight of Equity  = 0.50

Weight of  Preferred Stock = 0.13

Weight of Debt = 0.37

therefore,

WACC = 12.10 % x 0.50 + 5% x 0.13 + 3.57% x 0.37

           = 8.02 %

MC Qu. 98 At the beginning of the recent... At the beginning of the recent period, there were 1,470 units of product in a department, 35% completed. These units were finished and an additional 6,900 units were started and completed during the period. 1,560 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were:

Answers

Answer:

Using the weighted average method, the equivalent units produced by the department were:

= 8,760 units.

Explanation:

a) Data and Calculations:

                                         Units    Conversion  

 Ending inventory             1,560

Units completed             8,370

Units available                9,930

Beginning inventory        1,470         35%

Additional units started 8,460

Equivalent units of production:

Units completed            8,370         8,370 (100%)

Ending inventory           1,560            390 (25%)

Equivalent units of production       8,760

how does minimum wage influence the demand and supply in the labour market?​

Answers

The effect of Minimum wage Increase on Employment and Unemployment. At the same time, the higher minimum wage means that more people would like jobs. The increase in the amount of labor that people would like to supply, and the decrease in the amount of labor that firms demand, both serve to increase unemployment.

While Amazon has become a very powerful e-commerce firm here in the US, Alibaba, the Chinese company is very powerful in many parts of the world. Go to Wikipedia and read about the different type of businesses that Alibaba operates. Then write a short outline of these businesses.

Answers

Answer:

Alibaba is a chinese company, one of the largest in the world by market capitalization.

While it mainly specializes in online retail (both business to consumer, and business to business), it is also involved in other business activities such as cloud computing, electronic payment, artificial intelligence services, and data science and analysis. In fact, Alibaba is considered not only one of the best retailers in the world, but also one of the best artificial intelligence and data-driven companies in the world.

Rodgers Corporation agrees on January 1, 2019, to lease equipment from Packers, Inc. for 3 years. The lease calls for annual lease payments of $12,000 at the beginning of each year. The lease does not transfer ownership or contain a bargain purchase op- tion, and is not a specialized asset. In addition, the economic life of the equipment is 10 years, and the present value of the lease payments is less than 90% of the fair value of the equipment. Prepare Rodgers, journal entries on January 1, 2019 (commencement of the operating lease), and on December 31, 2019. Assume the implicit rate used by the lessor is 8%, and this is known to Rodgers. E21.17 003) Use the information for Rodgers Corporation and Packers, Inc. from BE21.16. Assume that for Packers, Inc., the lessor the collectibility of the lease payments is probable, and the fair value and cost of the equipment is $60,000. Prepare Packers' 2019 journal entries, assuming the company uses straight-line depreciation and no residual value.

Answers

Answer:

Rodgers Corporation and Packers, Inc.

Journal Entries:

1. Rodgers Corporation:

January 1, 2019:

Debit Right of Use Assets $33,400

Credit Lease Liability $33,400

To record the right of use asset and lease liability with the PV.

Debit Lease Liability $12,000

Credit Cash $12,000

To record the first payment of the lease liability on January 1, 2019

December 31, 2019:

Debit Amortization Expense $10,288

Debit Interest Expense $1,712

Credit Right of Use Assets $12,000

To record the annual amortization of the right of use assets.

Packers, Inc.

January 1, 2019:  

Debit Cash $12,000

Credit Unearned Lease Revenue $12,000

To record unearned lease revenue.

December 31, 2019:

Debit Unearned Lease Revenue $12,000

Credit Lease Revenue $12,000

To record the earned lease revenue.

Debit Depreciation Expense $6,000

Credit Accumulated Depreciation- Leased Equipment $6,000

To record depreciation expense for the year.

Explanation:

a) Data and Calculations:

January 1, 2019

Annual lease payment at the beginning of each year = $12,000

The Present Value of annual lease payments = $33,400.

Implicit rate = 8%

To determine the PV of the lease payments:

N (# of periods)  3

I/Y (Interest per year)  8

PMT (Periodic Payment)  12000

FV (Future Value)  0

 

Results

PV = $33,399.18

Sum of all periodic payments $36,000.00

Total Interest $2,600.82

Schedule of Payments

Period       PV               PMT                Interest             FV

1          $33,400        $12,000.00        $1,712        $23,112

2          $23,112        $12,000.00          $889       $12,000

3         $12,000        $12,000.00         $0.00          $0.00

Analysis:

January 1, 2019:

Right of Use Assets $33,400 Lease Liability $33,400

Lease Liability $12,000 Cash $12,000

December 31, 2019:

Amortization Expense $10,288 Interest Expense $1,712 Right of Use Assets $12,000

Packers, Inc.

January 1, 2019:  

Cash $12,000

Unearned Lease Revenue $12,000

December 31, 2019:

Unearned Lease Revenue $12,000

Lease Revenue $12,000

Depreciation Expense $6,000 ($60,000 ÷ 10)

Accumulated Depreciation- Leased Equipment $6,000

MFI Inc. has a beta of . If the expected market return is percent and the​ risk-free rate is ​percent, what is the appropriate required return of MFI​ (using the​ CAPM)? Using the​ CAPM, the appropriate required return of MFI is 14.74​%. ​(Round to two decimal​ places.)

Answers

Answer: 14.38%

Explanation:

Required return using the Capital Asset Pricing Model (CAPM) is:

= Risk free rate + Beta * (Expected market return - Risk free rate)

= 6.5% + 1.05 * (14% - 6.5%)

= 6.5% + 7.875%

= 14.38%

On April 1, Holton Company borrows $100,000 from West Bank by signing a 6-month, 6%, interest-bearing note.
Prepare the necessary entries below associated with the note payable on the books of Holton Company.
(a) Prepare the entry on April 1 when the note was issued.
(b) Prepare any adjusting entries necessary on June 30 in order to prepare the semiannual financial statements. Assume no other interest accrual entries have been made.

Answers

Answer:

A. Dr Cash $100,000

Cr Notes Payable $100,000

B. Dr Interest expense $1,500

Cr Interest Payable $1,500

Explanation:

a Preparation of the entry on April 1 when the note was issued.

Dr Cash $100,000

Cr Notes Payable $100,000

(To record note issued)

B. Preparation of any adjusting entries necessary on June 30 in order to prepare the semiannual financial statements

Dr Interest expense $1,500

Cr Interest Payable $1,500

($100,000 x .06 x 3/12)

If 2,500 units are produced, the total amount of indirect manufacturing cost incurred is closest to:

Answers

Answer: $14,550

Explanation:

Within a certain activity range, the fixed cost remains the same so in this activity range of $2,200 to $5,000, the fixed overhead cost will remain the same:

= 3 * 3,600 units

= $10,800

Variable overhead costs will vary by units:

= 2,500 * 1.50

= $3,750

Total cost = 10,800 + 3,750

= $14,550

Boats and Bait has 78,000 shares outstanding that sell for a price of $74 per share. The stock has a par value of $2 per share. The company's balance sheet shows capital surplus of $185,000 and retained earnings of $225,000. If the company declares a stock dividend of 17.5 percent, what is the new common stock value on the balance sheet?

Answers

Answer:

$183,300

Explanation:

The computation is shown below:

Value of common stock value on the balance sheet prior to the stock dividend is

= No of stock outstanding ×  Face value per share

= 78,000 × $2

= $156,000

Now  

New shares to be issued is

= 78,000 ×  0.175

= 13,650 shares

So,  

Total shares outstanding after stock issue is

= 78,000 + 13,650

= 91,650 shares

Now the value of common stock after stock dividend is

= 91,650  × $2

= $183,300

The spot price of an investment asset that provides no income is $32.10 and the risk-free rate for all maturities (with continuous compounding) is 6.25%. What is the 4-year forward price? Answer with two decimal digits accuracy. Example: 52.12

Answers

Answer:

$41.22

Explanation:

Forward price = Spot price*(1 + Risk free rate)^Time of contract

Continuous compounding rate = e^(0.0625) = 1.06449445892 = 1.0645

Forward price = $32.10 * (1.0645)^4

Forward price = $32.10 * 1.28405215218

Forward price = $41.2180741

Forward price = $41.22

So, the 4-year forward price is $41.22.

Which capital budgeting technique is used on an exclusionary basis to prevent investing time and resources investigating using more complex techniques

Answers

Answer:

"Net Present Value" is the right approach.

Explanation:

A method used to determining or calculating the gaps between the current valuation of initial investment as well as the outputs of something like development or possible expenditure is termed as net present value.

The formula which is used to find the NPV is given below:

⇒ [tex]NPV=\frac{Cash \ flow}{(1+i)^t}-initial \ investment[/tex]

here,

i = Return requiredt = No. of periods

How do you think the four management functions of planning, organizing, leading , and controlling fit in with the ideas Sinek expresses in his talk?

Answers

Answer:

This posting should be a minimum of one short paragraph and a maximum of two paragraphs. Word totals for this post should be in the 100–200-word range. Whether you agree or disagree, explain why with supporting evidence and concepts from the readings or a related experience. Include a reference, link, or citation when appropriate.

The four functions of management are planning, organizing, leading, and controlling. By applying the right resources and knowledge, all these functions can easily fit in the ideas.

What is Management?

More than just specialized knowledge, management requires an ability to navigate numerous procedural, structural, and interpersonal challenges in the process of guiding one's team to the completion of various goals.

What are the four management functions?

No matter which company you work in, these four management functions remain consistent and applicable across all sectors.

Planning is important to identify the goals and making plans to attain these goals.Organizing refers to taking up of these plans and putting into action.Leading is the stage of motivating and influencing employees to do the work. Controlling function consists of monitoring performance and progress through project execution and making adjustments as needed.

Thus, by using knowledge, team-management, and right resources, all these functions can fit in with the ideas.

Learn more on management here - brainly.com/question/15351742

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Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $440,000; Allowance for Doubtful Accounts has a credit balance of $4,000; and sales for the year total $1,980,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $14,800.

Required:
a. Determine the amount of the adjusting entry for uncollectible accounts.
b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.
c. Determine the net realizable value of accounts receivable.

Answers

Answer: See explanation

Explanation:

a. The amount of the adjusting entry for uncollectible accounts will be:

= Estimated balance required in Allowance account - Unadjusted balance existing in Allowance account

= $14800 - $4000

= $10800

b. The adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense will be:

Account receivables = $440,000

Allowance for Doubtful accounts = $14,800

Bad Debt expense = $10800

c. The net realizable value of accounts receivable will be:

= Account receivables - Allowance for Doubtful accounts

= $440,000 - $14800

= $425200

Sardi Inc. is considering whether to continue to make a component or to buy it from an outside supplier. The company uses 17,000 of the components each year. The unit product cost of the component according to the company's cost accounting system is given as follows:
Direct materials $ 8.20
Direct labor 8.30
Variable manufacturing overhead 1.20
Fixed manufacturing overhead 4.30
Unit product cost $ 22.00
Assume that direct labor is a variable cost. Of the fixed manufacturing overhead, 70% is avoidable if the component were bought from the outside supplier. In addition, making the component uses 2 minutes on the machine that is the company's current constraint. If the component were bought, time would be freed up for use on another product that requires 4 minutes on this machine and that has a contribution margin of $7.00 per unit. When deciding whether to make or buy the component, what cost of making the component should be compared to the price of buying the component?
A) $20.71 per unit.
B) $22.00 per unit.
C) $25.50 per unit.
D) $24.21 per unit.

Answers

B.) $22.00 per unit you will be adding nd dividing
Other Questions
According to the evolutionary perspective, the amount of parental investment a female puts into the relationship is generally larger than that of a male.Please select the best answer from the choices providedTF The first law of thermodynamics defines chemical energy. defines entropy. is a statement of conservation of energy. provides a criterion for the spontaneity of a reaction. Describe the relationship between education and profession During the same Olympics, Bolt also set the world record in the 200-m dash with a time of 19.30 s. Using the same assumptions as for the 100-m dash, what was his maximum speed for this race Review Questions1. If a diploid eukaryotic cell contains 14 pairs of chromosomes for a total of 2n = 28, howmany chromosomes will be in the resulting products of cellular division if the cellundergoes: mitosis?meiosis?2. If a haploid eukaryotic cell contains 10 chromosomes for a total of n = 10. 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Following the law is:______. a. unimportant as a standard of business behavior b. the maximum standard of behavior we expect from business c. an unrealistic expectation for business behavior d. the minimum standard of behavior we expect from business Which statement is most important in include in a summary of the passage cesar Chavez Determine the measure of the interior angle at vertex C. English b please help Small Manufacturing Company has a standard overhead rate of $42 per hour. The labor rate is $20 per hour. Overhead is applied based on direct labor hours. Jobs B-1 and B-2 were completed during the month of March. Small incurred 140 hours of indirect labor during the month The sum of two numbers is -4 and their difference is zero. Find the numbers. what was life like for great plains villagers?help me pleaseeee Matthew participates in a study that is looking at how confident students at SUNY Albany are. The mean score on the scale is 50. The distribution has a standard deviation of 10 and is normally distributed. Matthew scores a 65. What percentage of people could be expected to score the same as Matthew or higher on this scale Which is the definition of refraction? 1)the blocking of light waves vibrating in a particular plane2) the bending of a light wave as it passes at an angle from one medium to another3) a false or distorted image causing the gradual distortion of light through hot airthe redirection of light by tiny particles as it passes through a medium Mention three sources of electricity Help me plsI put the picture in the attach file below(Sorry i'm in secondary school but i have a problem with my settings) Let T be the event that an adult admits to texting while driving and N be the event an adult does not admit to texting while driving. We previously determined P(T) = 0.61and P(N) = 0.39.Since three adults are chosen randomly, we have the following simple events.TTT TTN TNT NTT TNN NTN NNT NNNThe adults were randomly selected, indicating these can be seen as independent events. Therefore, the multiplication rule can be used. Recall the multiplication rule states that for independent events, the probability that they all occur is the product of their respective probabilities. Let x be the number of adults who admit to texting while driving. Since three adults are randomly selected, then x can take on the values 0, 1, 2, or 3.When x = 0, then no adult in the group of three admits to texting while driving. This corresponds to the simple event NNN whose probability is calculated as below.P(x = 0) = P(NNN) = P(N)P(N)P(N) = 0.39(0.39)(0.39) = When x = 1, then only one adult in the group admits to texting while driving. This corresponds to the simple events TNN, NTN, and NNT. First, calculate the probability of each simple event by multiplying the individual probabilities. Then sum the three simple events to find P(x = 1).Calculate P(x = 1).P(x = 1) = P(TNN) + P(NTN) + P(NNT) = P(T)P(N)P(N) + P(N)P(T)P(N) + P(N)P(N)P(T) = 0.61(0.39)(0.39) + 0.39(0.61)(0.39) + 0.39(0.39)(0.61) = Find the remaining probabilities P(x = 2) and P(x = 3).P(x = 2) = P(TTN) + P(TNT) + P(NTT) = P(T)P(T)P(N) + P(T)P(N)P(T) + P(N)P(T)P(T) = 0.61(0.61)(0.39) + 0.61(0.39)(0.61) + 0.39(0.61)(0.61) = P(x = 3) = P(TTT) = P(T)P(T)P(T) = 0.61(0.61)(0.61) = William needs to work out the size of angle Y in this diagramOne of Williams reasons are wrong.Write down the correct reason. mass of exactly 1 mole of arsenic