A coal mine was acquired at a cost of $4,000,000. No salvage value was expected and the estimated number of units available for production was 4,000,000 tons. During the first year, 440,000 tons of coal was mined and sold. The depletion expense for the first year was

Answers

Answer 1

Answer:

$440,000

Explanation:

The depletion of the coal mine can be calculated using the formula below;

Depletion expense for the year

= (Cost of mine - Salvage value) × (Tons of coal sold in the year/Total tons capacity of the mine)

Given that;

Cost of mine =$4,000,000

Salvage value = 0

Tons of coal sold in the year = 440,000 tons

Total tons capacity of the mine = 4,000,000 tons

Therefore,

Depletion expense for the year

= (4,000,000 - 0) × (440,000/4,000,000)

= 4,000,000 × 0.11

= $440,000


Related Questions

Peterson Company purchased machinery for $960,000 on January 1, 2014. Straight-line depreciation has been recorded based on a $60,000 salvage value and a 5-year useful life. The machinery was sold on May 1, 2018 at a gain of $18,000. How much cash did Peterson receive from the sale of the machinery

Answers

Answer:

198,000

Explanation:

(960000 - 60,000) / 5 = 180k

Deprecation expense = 180,000 x 5 = 720,000

Deprecation expense from January to April = 4/12 x 180000

720 + 75h

All of the following are likely to be the Benefits of a college graduate

Answers

more job opportunities, potential of increase in earnings, improved self-esteem, preparation for career, more economic stability, more likely to be satisfied with job

All of the options are suitable benefits for a college graduate except for the earning of lesser money over time.

What is a college?

A college is a place for studying and attaining a degree in a specialized field by a student after completing high school.

After getting a graduation degree from a college, the benefits available to a student are enhanced access to the new job opportunities, a rise in income, stability & satisfaction toward the job, growth & development in personal skills, and access to more advanced career goals, improvement in health and well being, and many more.

Therefore, the benefits of a college graduate are specified above.

Learn more about the college in the related link:

https://brainly.com/question/4217955

#SPJ2

Russell Container Corporation has a $1,000 par value bonds outstanding with 30 years to maturity. The bind carries an annual interest payment of $105 and is currently selling for $880 per bond. Russell Corp. is in a 40 percent tax bracket. The firm wishes to know what the after-tax cost of a new bind issue is likely to be. The yield to maturity on the new issue will be the same as the yield to maturity on the old issue because the risk and maturity date will be similar.
a) Compute the yield to maturity on the old issue and use this as the yield for the new issue.
b) Make the appropriate tax adjustment to determine the after-tax cost of debt.

Answers

Answer: here is the answer

Explanation: 1gtv/76hg

Westsyde Tool Company is expected to pay a dividend of $1.50 in the upcoming year. The risk-free rate of return is 6%, and the expected return on the market portfolio is 14%. Analysts expect the price of Westsyde Tool Company shares to be $29 a year from now. The beta of Westsyde Tool Company's stock is 1.2. Using the CAPM, an appropriate required return on Westsyde Tool Company's stock is ________. (Hint: CAPM expected return is the required return) 8% 16.8% 15.6% 10.8%

Answers

Answer: 15.6%

Explanation:

The Capital Asset pricing model allows for us to calculate the required return on a stock using the risk free rate, the market premium and the beta of the stock.

Using the Capital Asset Pricing Model, the required return is calculated by the formula:

Required return = Risk free rate + Beta * (Market return - Risk free rate)

= 6% + 1.2 * (14% - 6%)

= 15.6%

Direct Method Question (2026, Current Period): 2026 2025 A/R 49,000 23,000 Prepaid Insurance 15,000 3,000 Salaries Payable 13,000 5,000 Sales 125,000 63,000 Insurance Expense 20,000 12,000 Salaries Expense 57,000 21,000 What is the second number in the cash event (direct method)

Answers

Answer:

$49,000

Explanation:

Missing"Cash Event => Cash Paid for Salaries Second Number => _____ __?___, ______ ______ ______"

Cash paid for salaries (using direct method)

Particulars                                                           Amount

Opening salaries payable                                  $5,000

Add: Salaries expense for the current year      $57,000

Less: Closing salaries payable                           $13,000

Cash paid for salaries during current year     $49,000

Under the ________ leadership style, decision-making power is centralized in the leader. Leaders do not entertain any suggestions or initiatives from subordinates. The ______ management is effective for quick decision making but is generally not successful in fostering employee engagement or maintaining worker satisfaction.

Answers

Answer:

Autocratic; autocratic.

Explanation:

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her.

Some types of power expressed by leaders are referent power, coercive, etc.

An autocratic leadership style accords a centralized decision-making power to the leader. Thus, they do not have to entertain any suggestions or initiatives from their subordinates.

Furthermore, this leadership style is very much effective for making decisions quickly but it's generally not successful in facilitating or enhancing employee engagement with management or maintaining worker satisfaction.

a. Cash production costs are budgeted at $6 per unit produced. Of these production costs, 40% are paid in the month in which they are incurred and the balance in the following month. Selling and administrative expenses (all paid in cash) amount to $60,000 per month. The accounts payable balance on March 31 totals $96,000, all of which will be paid in April. Prepare a schedule for each month showing budgeted cash disbursements for Edwards Company. b. Assume that all units will be sold on account for $15 each. Cash collections from sales are budgeted at 60% in the month of sale, 30% in the month following the month of sale and the remaining 10% in the second month following the month of sale. Accounts receivable on March 31 totaled $255,000 $(45,000 from February's sales and the remainder from March.) Prepare a schedule for each month showing budgeted cash receipts for Edwards Company.

Answers

Answer:

150,000

Explanation:

Which government agency oversees &
provides information on identity theft?
O Department of the Treasury
O Federal Communications Commission
O Major League Baseball
O Federal Trade Commission

Answers

Federal trade commission

Use the following account balances from the adjusted trial balance columns of RB Auto's worksheet to answer below question.

Account Debit Balance Credit Balance
Cash 20,500
Merchandise Inventory 1,000
Accounts Payable 2,800
R. Holloway, Drawing 500
R. Holloway, Capital 13,000
Sales 15,000
Purchases 2,000
Purchase Returns and Allowances 200
Rent Expense 3,000
Salaries Expense 4,000

Select the correct closing entry that RB Auto would make to close their expense account(s) at the end of the accounting period.

a. debit Income Summary $9,000 and credit R. Holloway, Capital for $9,000.
b. debit Salary Expense $4,000; debit Rent Expense $3,000; debit Purchases $2,000 and credit Income Summary S9,000.
c. debit R. Holloway, Capital $9,000 and credit Salary Expense $4,000; credit Rent Expense $3,000; credit Purchases $2,000.
d. debit Income Summary $9,000 and credit Salary Expenses $4,000; credit Rent Expense $3,000; credit Purchases $2,000.

Answers

Answer:

d. debit Income Summary $9,000 and credit Salary Expenses $4,000; credit Rent Expense $3,000; credit Purchases $2,000.

Explanation:

Based on the information given the correct closing entry that RB Auto would make to close their expense account(s) at the end of the accounting period is:

Debit Income Summary $9,000

($4,000+$3,000+$2,000)

Credit Salary Expenses $4,000

Credit Rent Expense $3,000

Credit Purchases $2,000

(To close expense account)

Wenjing purchases a bond for $2,000 with 12 remaining $40 quarterly coupon payments. The bond broker who sells her the bond reassures her that she will earn a return of 3% per quarter but does not disclose the bond's par value. What par value would result in the return the bond broker promises

Answers

Answer:

Wenjing

The par value that would result in the return the bond broker promises is:

= $1,333.

Explanation:

a) Data and Calculations:

Bond amount paid = $2,000

Quarterly coupon payments = $40

Remaining coupon payments = 12

Bond maturity period = 3 years (12/4)

Promised returns per quarter = 3%

Par value of bond = Quarterly premium/Quarterly returns in percentage = $1,333 ($40/0.03)

Check: 3% of $1,333 = $40

This implies that the bond's annual interest rate = 12% (3% * 4)

Westland College uses a 10% discount rate and the total cost approach to capital budgeting analysis. Both alternatives are expected to have a useful life of eight years. The working capital would be released for use elsewhere when the project is completed. The net present value of the alternative of overhauling the present system is closest to:

Answers

Answer: hello your question is incomplete attached below is the complete question

answer :  $(1,236,495). ( A )

Explanation:

Attached below is the Calculation of the net present value of the alternative of overhauling the present system

The value of Net present value = ∑ present value

                                       = -300000 - 200000 - 906950 + 77055 + 93400

                                      = - 1,236,495

What is the amount of profit Tumbleweed makes when both advertise? $ How much profit does Native Roots make when both advertise? $ Part 2 (1 point)See Hint What outcome is predicted (that is, the Nash equilibrium) for these two firms, given the figures above? Choose one: A. Both firms advertise. B. Tumbleweed advertises, but Native R

Answers

Complete Question:

There are two plant nurseries in a small town. They are called Tumbleweed and Native Roots. If neither advertises, Tumbleweed makes $80,000 a month in profits and Native Roots makes $95,000. Advertising would cost each firm $20,000 a month. If only one firm advertises, that firm increases sales by $50,000 a month whereas the non-advertising firm loses out. If Tumbleweed doesn't advertise but Native Roots does, Tumbleweed loses $30.000 a month. If Native Roots doesn't advertise but Tumbleweed does, it loses $35,000 a month. If both advertise, they increase revenue by $15,000 each. Insofar as they grow their products from the ground, they don't have any increased costs when they have increased sales (that is, their marginal cost of production is $0). 7th attempt Part 1 (2 points) See Hint What is the amount of profit Tumbleweed makes when both advertise? $ How much profit does Native Roots make when both advertise? $ See Hint Part 2 (1 point) What outcome is predicted (that is, the Nash equilibrium) for these two firms, given the figures above? Choose one: • A. Both firms advertise. B. Tumbleweed advertises, but Native Roots doesn't. C. Native Roots advertises, but Tumbleweed doesn't. D. Neither firm advertises.

Answer:

Tumbleweed and Native Roots

Part 1:

a. The amount of profit that Tumbleweed makes when both advertise is:

= $95,000 ($80,000 + $15,000)

b. The amount of profit that Native Roots makes when both advertise is:

= $110,000 ($95,000 + $15,000)

Part 2:

The predicted outcome (that is, the Nash equilibrium) for these two firms, given the figures above is:

A. Both firms advertise.

Explanation:

a) Data and Calculations:

                                                           Tumbleweed  Native Roots

Profits without advertisement              $80,000         $95,000

Advertising cost per month                    20,000           20,000

Loss without advertisement                  -30,000          -35,000

Gain with advertisement                        50,000           50,000

Gain if both firms advertise                    15,000            15,000

The short-run average variable cost curve:​ a. starts above the origin and always slopes upward.​ b. ​is always downward sloping. c. slopes downward at low rates of output and then slopes upward at higher rates of output.​ d. starts at the origin and always slopes upward.​ e. is a horizontal line intersecting the vertical axis.

Answers

Answer:

c

Explanation:

This year Andrews achieved an ROE of 30.2%. Suppose management takes measures that increase Asset turnover (Sales/Total Assets) next year. Assuming Sales, Profits, and financial leverage remain the same, what effect would you expect this action to have on Andrews's ROE

Answers

Answer:

The answer is "  Andrews ROE increases."

Explanation:

Please find the complete question in the attached file.

Using formula:

[tex]\text{ROE = Profit Margin} (\frac{Profit}{Sales}) \times \text{Total Asset Turnover} (\frac{Sales}{Assets}) \times \text{Equity Multiplier} (\frac{Assets}{Equity})[/tex]

As total asset sales (sales/assets) decline whereas other items remain constant, ROE decreases. Or we could assume that growth of asset turnover would result in increased ROE, culminating in much more sales per unit of asset held by the firm.

You borrow a certain amount of money. Its annual interest rate is 6%, four-year (48 months) loan for a new delivery truck. Payments of $676.65 are required at the end of each month for 48 months. How much do you borrow

Answers

Answer:

The amount borrowed is:

= $28,811.97.

Explanation:

a) Data and Calculations:

Annual interest rate = 6%

Loan period = 4 years or 48 months

Monthly payments = $676.65

From an online financial calculator, the amount borrowed is:

N (# of periods)  48

I/Y (Interest per year)  6

PMT (Periodic Payment)  676.65

FV (Future Value)  0

 

Results

PV = $28,811.97

Sum of all periodic payments $32,479.20

Total Interest $3,667.23

Kate fell asleep with a candle lit by her bed. She was sleeping on a mattress manufactured by the United Mattress Co. The candle fell from her nightstand and dropped onto the mattress where she slept. The mattress caught fire and Kate was severely burned. The mattress was a cheap no-frills model. It had been treated with some chemical additives to make it partially flame-resistant, but only to the extent of slowing the speed at which the fabric caught fire. It is possible to make mattresses fully flame-proof, but the process is an expensive one, so expensive that it would have taken the price of this mattress out of the "budget" range. The mattress bore a label indicating "flame resistant." During a discussion with the sales manager Kate asked about whether it was safe, and indicated she sometimes kept a candle by the bed. The sales manager said it was "the best mattress on the market." Kate wants to file a lawsuit against United Mattress Co. Can Kate sue based on negligence? Can Kate sue based on breach of warranty?

Answers

Answer:

1. Kate cannot sue United based on negligence, which is the duty of care.  United was not negligent and owed no duty of care in this instance to Kate.

2. Kate can rather sue based on a breach of warranty.  There was a warranty (a written specific guarantee) on the mattress label, which indicated that it was "flame resistant."

Explanation:

A warranty, in this case, involves the written statement or claim by United Mattress Co. that the mattress was "flame resistant."  United could have limited its liability for breach of a warranty by indicating clearly that the mattress could only slow the flaming process instead of just resisting flame.  By making the onerous claim that the mattress was "flame resistant," United was exposing itself to liability claims by Kate, who was clearly negligent in putting a candle near her mattress while sleeping.

When total imports of exceed export, then the balance is to be

Answers

Answer:

Negative

Explanation:

The manager of the Dinners Delight franchised restaurant chain is in the process of establish quality-control charts for the time that its service people give to each customer. Management thinks the length of time that each customer is given should remain within certain limits to enhance service quality. A sample of 3 service people was selected, and the customer service they provided was observed four times. The activities that the service people were performing were identified, and the time to service one customer was recorded as noted below:

Service Person Sample 1 Sample 2 Sample 3 Sample 4
1 200 150 175 90
2 120 85 105 75
3 83 93 130 150
4 68 150 145 175
5 110 90 75 105
6 115 65 115 125

A sample of six service personnel was observed, and the following customer service times in seconds were recorded: 180, 125, 110, 98, 156, and 190. Is corrective action called for?

Answers

Answer:

The behavior is regulated as well as corrective measures are not necessary. A further explanation is provided below.

Explanation:

According to the given,

Mean,

= 143.17

Standard Deviation

= 37.91

Sigma level,

= 3

Now,

The upper control limit will be:

⇒ UCL = [tex]Mean+3SD[/tex]

On putting the values, we get

           = [tex]143.17 + (3\times 37.91)[/tex]

           = [tex]143.17 + (113.73)[/tex]

           = [tex]256.9[/tex]

The lower control limit will be:

⇒ LCL = [tex]Mean-3SD[/tex]

On putting the values, we get

           = [tex]143.17 - (3\times 37.91)[/tex]

           = [tex]143.17-113.73[/tex]

           = [tex]29.44[/tex]

Even though all values are somewhere between LCL as well as UCL. Thus the above is the right answer.        

what are the examples of veriable costs​

Answers

Answer:

Common examples of variable costs include costs of goods sold (COGS), raw materials and inputs to production, packaging, wages and commissions, and certain utilities (for example, electricity or gas that increases with production capacity).

Explanation:

Imp Company uses a periodic inventory system. Beginning inventory on January 1 was overstated by $32,000, and its ending inventory on December 31 was understated by $62,000. These errors were not discovered until the next year. As a result, the company's gross profit for this year was:

Answers

Answer:

$30,000 Overstated

Explanation:

Calculation to determine the gross profit

Using this formula

Gross profit = Beginning inventory overstated- Ending inventory understated

Let plug in the formula

Gross profit =$32,000-$62,000

Gross profit=$30,000 Overstated

Therefore the gross profit is $30,000 Overstated

The price of a stock, which pays no dividends, is $30 and the strike price of a one year European call option on the stock is $25. The risk-free rate is 4% (continuously compounded). Which of the following is a lower bound for the option such that there are arbitrage opportunities if the price is below the lower bound and no arbitrage opportunities if it is above the lower bound?
A. $5.00
B. $5.98
C. $4.98
D. $3.98
E. $5.34

Answers

Answer:

B. $5.98

Explanation:

Calculation to determine the lower bound for the option

Using this formula

Lower Bound =Stock Price -Strike Price*e^(-rt)

Where,

Time years =1

Stock Price =$30

Strike Price =$25

Let Plug in the formula

Lower Bound=$30-$25*e^(-4%*1)

Lower Bound =5.98

Therefore the lower bound for the option is 5.98

During the past year, Arther Anderson Services paid $360,800 in interest along with $48,000 in dividends. The company issued $230,000 of stock and $200,000 of new debt. The company reduced the balance due on the old debt by $225,000. What is the amount of the cash flow to creditors

Answers

Answer: $385800

Explanation:

The amount of the cash flow to creditors will be calculated thus:

Begining total liabilities = $225000

Ending total liabilities = $200000

Interest = $360800

Cash flow to creditors will be:

= Begining total liabilities - Ending total liabilities + Interest

= $225000 - $200000 + $360800

= $385800

Retrenching to a narrower diversification base Group of answer choices is a strategy best reserved for companies in poor financial shape. is directed at improving long-term performance by building stronger positions in a smaller number of core businesses. is an attractive strategy option for revamping a diverse business lineup that lacks strong cross-business financial fit. is usually the most attractive long-run strategy for a broadly diversified company confronted with recession, high interest rates, mounting competitive pressures in several of its businesses, and sluggish growth. is sometimes an attractive option for deepening a diversified company's technological expertise and supporting a faster rate of product innovation.

Answers

Answer:

is directed at improving long-term performance by building stronger positions in a smaller number of core businesses.

Explanation:

Retrenching to narrower positions is a strategy that can be helpful to build strong market positions in a few core business areas before diversifying the firm's portfolio of goods and services even more.

This strategy is recommended to smaller firms, firms that are not in financial great shape, or firms that have tried to take a position in many markets at the same time, and have had a hard time to adapt to some of them.

The follow passage describes how a catalytic converter in a car works. The catalytic converter mostly likely was developed in response to?

A) the demand for more energy-efficient cars
B) the demand for increased car engine power
C) a need for lower-priced cars
D) a need to reduce air pollution

Answers

Answer:

Its A

Explanation:

Its A

Answer:

A

Explanation:

I did this before

To discourage producing for inventory, management can ________.
A) discourage using nonfinancial measures such as units in ending inventory compared to units in sales
B) evaluate performance over a quarterly period rather than a single year
C) incorporate a carrying charge for inventory in the internal accounting system
D) implement absorption costing across all departments

Answers

Answer:

incorporate a carrying charge for inventory in the internal accounting system

Explanation:

Inventory

This is simply known as the stock of items that is kept aside by an organization to meet internal or external customer demand. It type s includes: Raw Material, work in progress (WIP), maintenance/repair/operating supply (MRO), finished good etc.

The reasons organizations holds Inventory includes

1. Meet anticipated customer demand

2. To protect against stockouts

3. Take advantage of economic order cycles

4. Maintain independence of operations

5. Guard against price increases, etc.

The objective of inventory control is to handle overstocking or Understocking and also a major challenge is to maintain a good balance between inventory investment and customer service.

Whright company os considering an investment in new manufacturing equiipment. the equipment cost 220,000 and will provide annual aftertax inflows of $50,000 at the end of each year for 7 years. the firm's market value debt/quity ratio is 25%, its cost of quity is 14%, and it s pretax cost of debt is 7%. the firm's combined marginal fedreal and state tax rate is 40%. Assume the project is of approxinmately the smae risk as the firm's existing operations.

1. What is Kottinger's weighted average cost of capital?

a. 8.91%
b. 9.99%
c. 10.86%
d. 11.14%
e. 12.04%

2. What is the NPV of the proposed project?

a. $6,297
b. $7,899
c. $9,156
d. $13,436
e. $15,984

Answers

Answer:

Kottinger Company

1. Kottinger's weighted average cost of capital is:

= e. 12.04%

2. The NPV of the proposed project is:

b. $7,899

Explanation:

a) Data and Calculations:

Cost of new manufacturing equipment = $220,000

Annual after-tax inflows = $50,000

Project period = 7 years

Market value of debt/equity ratio = 25%

Equity ratio = 100%

Firm's total value = 125% (100% + 25%)

Debt market value weight = 25%/125% = 20%

Equity market value weight = 100%/125% = 80%

Cost of equity = 14%

Pretax cost of debt = 7%

Marginal tax rate = 40%

After-tax cost of debt = 0.07 * (1 - 0.40) = 4.2%

Weighted average cost of capital = (0.14 * 0.8) + (0.042 * 0.2)

= 0.112 + 0.0084

= 0.1204

= 12.04%

The present value of $50,000 annual cash inflow for 7 years at 12.04% is:

N (# of periods)  7

I/Y (Interest per year)  12.04

PMT (Periodic Payment)  50000

FV (Future Value)  0

 

Results

PV of annual cash inflows = $227,898.69

PV of investment = $220,000

NPV = $7,898.69 ($227,898.69 - $220,000)

Sum of all periodic payments $350,000.00

Total Interest $122,101.31

Budget Performance Reports for Cost Centers Partially completed budget performance reports for Delmar Company, a manufacturer of light duty motors, follow:
Delmar Company
Budget Performance Report—Vice President, Production
For the Month Ended June 30
Plant Actual Budget Over Budget (Under) Budget
Eastern Region $4,200,000 $4,250,000 $(50,000)
Central Region 6,175,000 6,200,000 (25,000)
Western Region (g) (h) $(i)
$(j) $(k) $(l) $(75,000)
Delmar Company
Budget Performance Report—Manager, Western Region Plant
For the Month Ended June 30
Department Actual Budget Over Budget (Under) Budget
Chip Fabrication $(a) $(b) $(c)
Electronic Assembly 2,575,000 2,500,000 75,000
Final Assembly 1,640,000 1,700,000 $(60,000)
$(d) $(e) $(f) $(60,000)
Delmar Company
Budget Performance Report—Supervisor, Chip Fabrication
For the Month Ended June 30
Cost Actual Budget Over Budget (Under) Budget
Factory wages $1,450,000 $1,200,000 $250,000
Materials 1,575,000 1,600,000 $(25,000)
Power and light 945,000 900,000 45,000
Maintenance 330,000 300,000 30,000
$4,300,000 $4,000,000 $325,000 $(25,000)
a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above.
b. Complete the following memo to Randi Wilkes, vice president of production for Delmar Company, explaining the performance of the production division for June.

Answers

Answer:

Delmar Company

Delmar Company

Budget Performance Report—Vice President, Production

For the Month Ended June 30

Plant                       Actual           Budget      Over Budget   (Under) Budget

Eastern Region  $4,200,000   $4,250,000                           $(50,000)

Central Region      6,175,000     6,200,000                             (25,000)

Western Region    8,515,000     8,200,000    $375,000

                         $18,890,000  $18,650,000    $375,000      $(75,000)

Delmar Company

Budget Performance Report—Manager, Western Region Plant

For the Month Ended June 30

Department                  Actual       Budget     Over Budget   (Under) Budget

Chip Fabrication      $4,300,000   $4,000,000   $300,000

Electronic Assembly  2,575,000     2,500,000       75,000

Final Assembly           1,640,000      1,700,000                             $(60,000)

                                 $8,515,000  $8,200,000   $375,000         $(60,000)

b. Memo to Randi Wilkes, Vice President

To: Vice President, Production

From: FC

Subject: Budget Performance Report—For the Month Ended June 30

Date: July 3, 2021

The above-mentioned subject refers.

The production division incurred $315,000 more costs than budgeted.  The extra costs are reflected in the increasing cost of producing light duty motors in the Western Region.  The overall increase is caused by the regional differences in Chip fabrication and Electronic Assembly.

There is a need to review production activities with these two production processes with a view to reducing costs.

Regards,

Explanation:

a) Data and Calculations:

Delmar Company

Budget Performance Report—Vice President, Production

For the Month Ended June 30

Plant                       Actual           Budget      Over Budget   (Under) Budget

Eastern Region  $4,200,000   $4,250,000                           $(50,000)

Central Region      6,175,000     6,200,000                             (25,000)

Western Region     (g)                       (h)                $(i)

                             $(j)                      $(k)                $(l)             $(75,000)

Delmar Company

Budget Performance Report—Manager, Western Region Plant

For the Month Ended June 30

Department                  Actual      Budget     Over Budget   (Under) Budget

Chip Fabrication      $(a)                $(b)                $(c)

Electronic Assembly 2,575,000  2,500,000       75,000

Final Assembly          1,640,000   1,700,000                             $(60,000)

                                   $(d)               $(e)              $(f)                 $(60,000)

Delmar Company

Budget Performance Report—Supervisor, Chip Fabrication

For the Month Ended June 30

Cost                             Actual      Budget     Over Budget     (Under) Budget

Factory wages    $1,450,000  $1,200,000    $250,000

Materials               1,575,000     1,600,000                               $(25,000)

Power and light      945,000       900,000         45,000

Maintenance          330,000       300,000         30,000

                         $4,300,000  $4,000,000    $325,000          $(25,000)

a. = $4,300,000

b. = $4,000,000

c. = $300,000 ($325,000 - $25,000)

d. = $8,515,000 ($4,300,000 + 2,575,000 + 1,640,000)

e. = $8,200,000 ($4,000,000 + 2,500,000 + 1,700,000)

f. = $375,000 ($300,000 + 75,000)

g. = $8,515,000

h. = $8,200,000

i. = $375,000

j. = $18,890,000 ($4,200,000 + 6,175,000 + 8,515,000)

k. = $18,650,000 ($4,250,000 + 6,200,000 + 8,200,000)

l. = $375,000

In this exercise we have to use our knowledge of finance, that is, from the given budget we will have to fill in the values ​​correctly, in this way we have that it will correspond to :

a) [tex]\$4,300,000[/tex]

b) [tex]\$4,000,000[/tex]

c) [tex]\$300,000[/tex]

d) [tex]\$8,515,000[/tex]

e) [tex]\$8,200,000[/tex]

f) [tex]\$375,000[/tex]

g) [tex]\$8,515,000[/tex]

h) [tex]\$8,200,000[/tex]

i) [tex]\$375,000[/tex]

j) [tex]\$18,890,000[/tex]

k) [tex]\$18,650,000[/tex]

l) [tex]\$375,000[/tex]

b. The creating of goods estrangement bring upon oneself $315,000 more costs than budgeted. The extra costs happen reflected fashionable the becoming larger cost of bearing light moral obligation motors fashionable the Western Region. The overall increase happen bring about by the characteristic of a region opposing views fashionable Chip lie and Electronic Assembly.

So now, taking the budget informed in the texts we find that:

| Department                | Actual            | Budget        | Over  | (Under) Budget |

|--------------------------------|--------------------|------------------|----------------|----------------|

| Chip Fabrication         | 4,200,000    | 4,250,000 |                    | 50,000

| Electronic Assembly | 6,175,000       | 6,200,000 |                    | 25,000  

| Final Assembly          | (g)                    | (h)                      | (i)         |                

| Total                           | (j)                      | (k)                      | (l)         | 75,000

Now doing the calculations of each alternative previously informed we find that:

[tex]g) $8,515,000\\h) $8,200,000\\i) $375,000\\j) ($4,200,000 + 6,175,000 + 8,515,000)= $18,890,000\\k) ($4,250,000 + 6,200,000 + 8,200,000)= $18,650,000\\l) $375,000[/tex]

So now, taking the budget informed in the texts we find that:

| Department          | Actual          | Budget     | Over Budget | (Under) Budget |

|---------------------------|------------------|-----------------|--------------------|----------------|

| Chip Fabrication    | (a)                | (b)              |       (c)             | 75,000      

| ElectronAssembly | 6,175,000   | 6,200,000 |                        | 25,000          

| Final Assembly      | 1,640,000   | 1,700,000                          | (60,000

| Total                       | (d)                 | (e)               (f)                    | 60,000  

Now doing the calculations of each alternative previously informed we find that:

[tex]a) $4,300,000\\b) $4,000,000\\c) ($325,000 - $25,000)=$300,000\\d)($4,300,000 + 2,575,000 + 1,640,000)= $8,515,000\\e) ($4,000,000 + 2,500,000 + 1,700,000)=$8,200,000\\f) ($300,000 + 75,000)=$375,000[/tex]

See more about finances at brainly.com/question/10024737

Suppose you borrow $1,000 of principal that must be repaid at the end of two years, along with interest of 5 percent per year. If the annual inflation rate turns out to be 10 percent,
Instructions: Enter your responses rounded to the nearest whole number. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers.
a. What is the real rate of interest on the loan?
b. What is the real value of the principal repayment?
Hint: Future value = Present value × (1 + Growth in prices)t, where t is the number of years evaluated, e.g., The real value of loan repayment = Amount of loan × (1 + Real interest rate)t
c. Who loses, the debtor or the creditor?

Answers

Answer:

Following are the solution to the given question:

Explanation:

For point a:

Calculating the Real rate of interest:

[tex]\to 5\%-10\%\\\\\to -5\%[/tex]

For point b:

Calculating the Real value of loan repayment:

[tex]\to \$1000 (1-0.05)^2\\\\\to \$902.5[/tex]

For point C:

In this question, the creditor receives less than what he granted he losses that's why the creditor is the correct answer.

Supply-side policy is designed to a. Move the economy from a point inside the production possibilities curve to a point on the curve and shift the aggregate supply curve to the left. b. Move the economy from a point inside the production possibilities curve to a point on the curve and shift the aggregate supply curve to the right. c. Shift the production possibilities curve outward and shift the aggregate supply curve to the left. d. Shift the production possibilities curve outward and shift the long-run aggregate supply curve to the right.

Answers

Answer:

c. Shift the production possibilities curve outward and shift the aggregate supply curve to the left.

Explanation:

A supply-side economist can be defined as economists who believes that the ability and willingness of the producers of goods and services to manufacture or produce sets the pace for the economic growth of a country.

This ultimately implies that, increasing the supply of goods and services would cause an economic growth for a country.

Generally, supply-side economist are of the opinion that one of the best way to grow a country's economy is by introducing tax cuts so as to increase the incentive for households to work and invest.

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of supply states that the higher the price of goods and services, the lower the supply.

An aggregate supply curve gives the relationship between the aggregate price level for goods or services and the quantity of aggregate output supplied in an economy at a specific period of time.

Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.

The production possibilities curve (PPC) is also known as the production possibilities frontier (PPF) and its a curve which illustrates the maximum (best) combinations of two products that can be produce in an economy if they both depend on these factors;

1. Technology is fixed.

2. Resources are fixed.

Hence, a supply-side policy is designed to shift the production possibilities curve outward and shift the aggregate supply curve to the left.

Investment X offers to pay you $6,900 per year for 9 years, whereas Investment Y offers to pay you $9,300 per year for 5 years. a. If the discount rate is 7 percent, what is the present value of these cash flows

Answers

Answer:

$44,955.10

$38,131.84

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Investment X

Cash flow each year from year 1 to 9 = $6900

I = 7%

PV = $44,955.10

Investment Y

Cash flow each year from year 1 to 5 = $9300

I = 7%

PV = $38,131.84

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

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