Reference no: EM131807115
Question - Aspen company produces widgets. August budgeted production costs are below:
Widgets to be produced 100,000
Direct material (variable) $30,000
Direct labor (variable) 50,000
Supplies (variable) 25,000
Supervision (fixed) 40,000
Depreciation (fixed) 30,000
Other (fixed) 10,000
Total $185,000
In September, Aspen expects to produce 120,000 widgets. Assuming no structural changes, what is Aspen 's budgeted production cost per widget for September?
A) $1.72
B) $1.85
C) $1.54
D) $1.95
|
Calculate the number of units circle must sell to break even
: Circle Corporation makes a product that sells for $400 per unit. Calculate the number of units Circle must sell to break even
|
|
Investor wants to receive interest
: If the investor wants to receive 8% interest, compounded semiannually, how much would he or she be willing to pay for the bond?
|
|
Construct the relevant hypothesis to test
: Consider the following sample data drawn independently from normally distributed populations with unequal population variances.
|
|
Assuming the market interest rate
: Compute its current value, assuming the market interest rate for such investments is 5% per year, compounded semiannually. Contributed by D. P. Loucks,
|
|
What is aspen budgeted production cost per widget
: In September, Aspen expects to produce 120,000 widgets. Assuming no structural changes, what is Aspen 's budgeted production cost per widget for September
|
|
What is the bond price
: If the current market rate is 8% interest compounded semiannually, what is the bond's price?
|
|
Discuss a zero percent chance of collection
: Assume that accounts with a zero percent chance of collection are intended to be written off
|
|
Current market interest rate is a nominal
: A zero-coupon bond (coupon rate = 0%) with a face value of $10,000 and maturity date in 5 years is being considered for purchase by Pam.
|
|
What is the expected rate of return on the project
: Consider the following probability distribution of returns estimated for a proposed project that involves a new ultrasound machine
|