Answer:
$ 183,544.30 = $ 183,544
Explanation:
Nuzum Corporation
Total Division M Division N
Sales $557,000 $254,000 $303,000
Variable expenses 144,910 81,280 63,630
Contribution margin 412,090 172,720 239,370
Traceable fixed expenses 273,000 128,000 145,000
Segment margin 139,090 44,720 94,370
Common fixed expenses 94,690 43,180 51,510
Net operating income $ 44,400 $ 1,540 $ 42,860
First we find the Segment CM ratio by the following formula:
Segment Contribution Margin Ratio= Segment Sales- Segment Variable Expenses/ Sales
Segment Contribution Margin Ratio= 303,000 -63630/303000
Segment Contribution Margin Ratio= 239370/303000=0.79
Then we find the break even sales in dollars.
Break Even Sales in Dollars= Traceable Fixed Expense/ Segment Contribution Margin Ratio
Break Even Sales in Dollars =145,000/0.79= $ 183,544.303
Answer:
e. $42,857.14
Explanation:
The computation of the break-even level of earnings before interest and taxes between these two options is shown below:
(EBIT) ÷ (Number of shares) = (EBIT - Interest) ÷ Number of shares
(EBIT) ÷ (75,000 shares) = (EBIT - $20,000) ÷$40,000
40,000 × EBIT = 75,000 × EBIT - $1,500,000,000
35,000 × EBIT = $1,500,000,000
After solving this,
The EBIT would be $42,857.14
The interest expense
= $320,000 × 6.25%
= $20,000
Desired inventory (units), August 31 9,000
Expected sales volume (units), August 75,000
For each unit produced, the direct materials requirements are as follows:
Material A ($5 per lb.) 3.0 lbs.
Material B ($18 per lb.) 0.5 lb.
The total direct materials purchases (assuming no beginning or ending inventory of material) of Materials A and B required for August production is ______.
a.$1,170,000 for A; $702,000 for B
b.$1,080,000 for A; $1,296,000 for B
c.$1,080,000 for A; $648,000 for B
d.$1,125,000 for A; $675,000 for B
Answer:
c.$1,080,000 for A; $648,000 for B
Explanation:
For computing the total direct material purchase first we have to find out the production units which are shown below:
As we know that
Production units = Ending inventory units + sales units - beginning inventory units
= 9,000 units + 75,000 units - 12,000 units
= 72,000 units
Now the total direct material purchase for Material A and Material B is
For Material A
= 72,000 units × 3 lbs × $5 per lb
= $1,080,000
For Material B
= 72,000 units × 0.5 lbs × $18 per lb
= $648,000
Therefore, the third option is correct
The mean depression level for the first group is μ₁= 16.
The mean depression level for the second group is μ₂ = 12
The weighted mean is closer to 12 than to 16.
The calculated weighted mean for CES-D is 13.5
The calculated weighted mean for MAST is 17.25 ≈ 17.0 rounded to 17.
Calculating the weighted mean μ
μ= {where x1 =μ₁ and x2= μ₂ }
μ= 16×6 + 10×12/ 6+10
μ= 216/16
μ= 13.5
The first group has a mean score of μ₁= 18.
The second group has a mean score of μ₂ = 14
Calculating the weighted mean μ
{where x1 =μ₁ and x2= μ₂ ; w1= number of women in the first group and w2= number of women in the second group}
μ=
μ= 18×6 + 14×12/ 6+10
μ= 276/16
μ= 17.25≈ 17
The answer & explanation for this question is given in the attachment below.
Answer:
Number of Shares for Basic Earnings per Share = 3,000,000
Number of Shares for Diluted Earnings per Share = 3,200,000
Explanation:
Basic Earnings per Share = Earnings Attributable to Holders of Common Stock / Weighted Average Number of Common Shares
Weighted Average Number of Common Shares
Common Shares Outstanding - December 31, year 1 2,500,000
April 1, Year 2 Issue, 9/12× 500,000 375,000
July 1, Year 2 Issue, 6/12× 250,000 125,000
Number of Shares for Basic Earnings per Share 3,000,000
Diluted Earnings per Share =Adjusted Earnings Attributable to Holders of Common Stock /Adjusted Weighted Average Number of Common Shares
Adjusted Weighted Average Number of Common Shares
Number of Shares for Basic Earnings per Share 3,000,000
Add 7% convertible bonds (5,000×40 shares) 200,000
Number of Shares for Diluted Earnings per Share 3,200,000
To compute basic earnings per share (EPS) and diluted earnings per share for the year ended December 31, year 2, we need to consider the weighted average number of shares outstanding during the year. The number of shares to be used in computing basic EPS would be 2,500,000 for the first three months, then 3,000,000 for the next six months, and finally 3,250,000 for the last three months. For diluted EPS, we would use the same number of shares as the basic EPS calculation.
To compute basic earnings per share (EPS), we need to consider the weighted average number of shares outstanding during the year. For this, we calculate the number of months each share was outstanding and then multiply it by the number of shares for that period. The number of shares to be used in computing basic EPS would be 2,500,000 for the first three months, then 3,000,000 (2,500,000 + 500,000) for the next six months, and finally 3,250,000 (2,500,000 + 500,000 + 250,000) for the last three months.
For diluted EPS, we need to consider the potential dilutive effect of convertible bonds. Since no bonds were converted into common stock, the number of shares to be used in computing diluted EPS would be the same as the basic EPS calculation.
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Answer and Explanation:
The computation of the future value is shown below;
a. For the year 4
Future value is
= ($575 × 1.11^3) + ($825 × 1.11^2) + ($1,125 × 1.11) + ($1325)
= $4,275.89
b. At 16%
Future value is
= ($575 × 1.16^3) + ($825 × 1.16^2) + ($1,125 x 1.16) + ($1,325)
=$4,637.64
c. At 29%
Future value is
= ($575 × 1.29^3) + ($825 × 1.29^2) + ($1125 × 1.29) + ($1,325)
= $5,383.48
The future values of the cash flows in year 4 for Paradise, Inc. are $4,265 at 11% discount rate, $4,529 at 16% discount rate, and $4,942 at 29% discount rate.
We'll use the future value of a series of cashflows formula (FV = ∑ CF / [(1 +r)^n]) to determine the future value of these investments. The formula essentially totals up the effects of compounding for each of your cashflows.
(a) At 11 percent discount rate, the future value in year 4 comes out to be $4,265.
(b) When the discount rate is 16 percent, the future value in year 4 is $4,529.
(c) At a higher 29 percent discount rate, the future value in year 4 is $4,942.
As the discount rate increases, the future value of the cash flows also increases.
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