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
Response:
Overall cost= $753.75
Details:
Given the following details:
The established overhead rates:
Assembly= $13 per direct labor-hour
Testing & Packaging= $9.00 per direct labor-hour.
The direct labor wage rate for the company is $16.00 per hour.
For Job N-60:
Assembly;
DM= 340
DL=180
Testing & Packaging:
DM= 25
DL= 40
To determine the applied overhead for each section, we first need to find the direct labor hours:
Assembly= 180/16= 11.25 hours
Testing= 40/16= 2.5 hours
Now, we can distribute the overhead:
Assembly= 11.25 hours*13= $146.25
Testing= 2.5 hours*9= $22.5
Overall cost= DM + DL + Allocated overhead
Overall cost= (340 + 25) + (180 + 40) + (146.25 + 22.5)= $753.75
Answer: $160,000
Explanation:
To find the depletion rate per ton:
= ( Cost - residual value) / Capacity in tons
= (960,000 - 0) / 240,000
= $4 per ton
During the first year, the extraction was 40,000 tons. Thus, the depletion amount is:
= 40,000 * 4
= $160,000
Response:
The null hypothesis is rejected if t(critical) falls outside the range of -1.86 to +1.86.
Explanation:
Our goal is to determine the sales discrepancy between the east and west sides.
The significance level for this analysis is set at 10 percent, or 0.1, which is indicated by "h".
The hypothesis outlined in the question is as follows;
Hj: μd = 0.
Hi: μd ≠ 0.
Or
Hj: μ(east) = μ(west).
Hi: μ(east) ≠ μ(west).
The t(critical) value is determined using the formula +/− t(c/2) {df = n1 + n2 - 2 }.
[ Note that c/2) is a subscript of t and c =.1].
The t(critical) value is +1.86 or -1.86
