Answer:
The selling price of the bond is $6,154
Explanation:
Given data
face value = $5,000
interest = 8% of face value
rate = 6.5%
To determine
the bond's selling price
solution
we will calculate the interest associated with
interest = 8% of face value
interest = 8% × 5,000
interest = 400
Let’s assume the bond’s selling price is x
where
the bond selling equation will be
interest = rate × bond selling price
400 = 0.065 × x
x = 6,154
Thus, the bond’s selling price is $6,154
The strategic management process consists of defining a company's mission and vision, its overarching strategy, and crafting its strategic plans and control.
- A company that gradually eliminates product lines or liquidates inventory is engaging in a defensive strategy.
- This defensive strategy is also known as a retrenchment strategy, which involves scaling back the organization's efforts.
- For example, a company might minimize expenses by selling off (liquidate) assets—such as land, buildings, and inventories.
A defensive strategy aids organizations in consistently lowering costs and phasing out product lines or services..
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Answer:
The correct option is A.
$14.38 per direct labor hour
Explanation:
If the planned direct labor time for December is 8,000 hours, the total budgeted factory overhead per direct labor hour is calculated as follows:
Total budgeted factory overhead for December= Variable Factory Overhead rate per labor hour * budgeted labor hours for December + Fixed Factory Overhead monthly cost
Total budgeted factory overhead for December = 5*8000 + 75000
Total budgeted factory overhead for December = $115,000
Total budgeted factory overhead per labor hour = Total budgeted factory overhead for December/budgeted direct labor hours for December
Total budgeted factory overhead per direct labor hour = 115000/8000
Total budgeted factory overhead per direct labor hour = 14.38
Response:
I apologize if I'm being a nuisance
Detailed explanation:
