On January 1, Year 2002, Merrill Corporation issued $4,000,000 par value 20-year bonds. The bonds pay interest semi-annually on January 1 and July 1 at an annual rate of 8%. The bonds were priced to yieled (effective rate) 6% on the date of issue.

Compute the issue price (cash proceeds) of the bonds on the date of issue.

Answers

Answer 1

To calculate the issue price (cash proceeds) of the bonds on the date of issue, we need to consider the pricing to yield 6% and the semi-annual interest payments.

Here's how we can calculate the issue price:

1. Determine the number of semi-annual periods:

Since the bonds have a 20-year term and pay interest semi-annually, the total number of semi-annual periods will be 20 years multiplied by 2 (for semi-annual payments), which equals 40 periods.

2. Calculate the semi-annual coupon payment:

The semi-annual coupon payment is calculated by dividing the annual coupon rate by 2 and multiplying it by the par value of the bonds:

Coupon Payment = (Coupon Rate / 2) * Par Value

Coupon Payment = (8% / 2) * $4,000,000

Coupon Payment = $160,000

3. Calculate the present value of the semi-annual coupon payments:

To calculate the present value of the semi-annual coupon payments, we discount each payment using the yield of 6% and sum them up:

Present Value of Coupon Payments = Coupon Payment * [1 - (1 / (1 + Yield)^n)] / Yield

Present Value of Coupon Payments = $160,000 * [1 - (1 / (1 + 6%)^40)] / 6%

4. Calculate the present value of the principal repayment:

The present value of the principal repayment can be calculated by discounting the par value of $4,000,000 at the yield of 6%:

Present Value of Principal Repayment = Par Value / (1 + Yield)^n

Present Value of Principal Repayment = $4,000,000 / (1 + 6%)^40

5. Calculate the issue price:

The issue price (cash proceeds) is the sum of the present value of coupon payments and the present value of the principal repayment:

Issue Price = Present Value of Coupon Payments + Present Value of Principal Repayment

Now you can substitute the calculated values into the equation to find the issue price of the bonds.

To know more about issue price, visit:

https://brainly.com/question/31977340

#SPJ11


Related Questions

A fast food franchise tracked the number of errors that occurred in customers’ orders. These included wrong menu item, wrong size drink, lack of condiments, wrong price total, and so on. Some orders may have more than one error. 2500 orders were filled, and a total of 30 errors were discovered. Find the control limits for a c-chart.

Answers

the control limits for the c-chart are;UCL = 0.0644 and LCL = 0.

A c-chart is the type of control chart that is used to manage the count of faults per product unit. It is suitable for measuring the number of flaws for a definite number of sample items.

The formula for the upper and lower control limits (UCL and LCL) for the c-chart is given by;

Upper control limit (UCL) = c + 3 √cLower control limit (LCL) = c - 3 √c

where 'c' is the average count per sample unit and √c is the square root of the average number of errors per unit.

In this problem, the total number of errors is given to be 30, and the number of orders filled is 2500.

Therefore, the average number of defects per order (c) is given as;c = (Total number of errors / Number of orders filled) = 30/2500 = 0.012

Thus, the average number of defects per order (c) is 0.012.

We can use this value to calculate the control limits of the c-chart as follows;

Upper control limit (UCL) = c + 3 √c= 0.012 + 3√0.012 = 0.0644

Lower control limit (LCL) = c - 3 √c= 0.012 - 3√0.012 = -0.0404 (Since the lower control limit cannot be negative, we set it to zero)

To know more about control visit:

brainly.com/question/31393582

#SPJ11

What do you mean by ECONOMIC ​

Answers

Answer:

Economics is a social science concerned with the production, distribution, and consumption of goods and services.

With the help of online research, write a short report on “glocalization.”

Answers

The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.

To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.

It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.

By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.

The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.

Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).

To know more about Glocalization visit:

https://brainly.com/question/14357896

#SPJ9

PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS

PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS

Answers

The second one, a walkabout is NOT a form of learning the United States has used

PUT MORE THAN ONE ANSWER PLS LIKE PICK MORE THAN ONE!!!!!::
Which of these are ways training programs may be documented. Mark all that apply.
A. Test Scores
B. Records of completion
C. Instructor Evaluations
D. Course Certificates

Answers

Answer:

d

Explanation:

A minimal requirement, which has been insisted on by the courts, is that employees act in good faith.A. TrueB. False

Answers

Incorrect; the courts have maintained that employees must act in good faith as a minimum requirement.

What is the employment challenge?

The primary worldwide employment concern, according to the International Labor Organization (ILO), is poor working conditions. Around 2 billion individuals work in informal jobs that do not adhere to government-mandated employment laws, or about 61% of all workers globally.

How would you describe controversy?

A debate or argument that features strongly divergent viewpoints is referred to be a controversy. There will undoubtedly be a lot of debate when a beloved character on a famous TV programme is killed off. A controversy is a heated argument with intense disagreement, but the subject matter could be as unimportant as a recent film.

To know more about employees visit:-

https://brainly.com/question/27005523

#SPJ1

The number of different product lines General Mills offers is also known as its ________. a product line b product line length c limited line d full line e product mix width

Answers

The number of different product lines General Mills offers is also known as its product line.What is a product line?A product line is a series of products made by one manufacturer.

The products are linked together as they fulfill a specific customer need and are sold through the same distribution channel.What is General Mills?General Mills, Inc., is an American food corporation.

It is one of the largest food processing companies in the world. It markets and distributes products such as cereal, yogurt, baking mixes, snacks, frozen vegetables, flour, and other food products in various countries worldwide.What is the main answer?The main answer to the question "The number of different product lines General Mills offers is also known as its ________." is product line.What is an explanation?An explanation is a statement that makes something clear or provides information about it.

TO know more about that manufacturer visit:

https://brainly.com/question/29489393

#SPJ11

The risk premium of a stock is NOT affected by its ________. unsystematic risk market risk systematic risk undiversifiable risk

Answers

The role of diversification is to narrow the range of possible outcomes. Unsystematic risk does not factor into an investment 's risk premium, since this type of risk can be diversified away.

This graph shows the marginal costs of each pair of running shoe inserts produced. Select the correct answer from the options available.

At what level of production are you making the greatest profit?

Pair 2
Pair 4
Pair 6
Pair 7

Answers

The production level at which the individual makes the greatest profit would be at B. Pair 4

At what point is the greatest profit made?

The point at which a company or entrepreneur would make the greatest profit would be at the lowest point of the marginal cost. The eason is that a decrease in the level of marginal cost would result in an increase in the amount of profit made.

From the graph, the marginal cost is lowest at apir 4 and this is the point where the greatest profit would be made.

Learn more about marginal cost here:

https://brainly.com/question/17230008

#SPJ1

After asking coworkers to review a project plan, you receive feedback. Your coworker thinks there is a better way to display the data in the business report.You should add a
title
reference
abstract
table

Answers

Answer:

table

Explanation:

bzzagent mini case: bzzagent is a word-of-mouth marketing agency that runs brand advocate programs for global brands. it recently partnered with a company to pair its social media and word-of-mouth insights with shopper loyalty data. the results indicated that consumers who were making repeat purchases were also more engaged and created a higher volume of advocacy. the information from this study is important to marketers, who are trying to find ways to engage advocates and influencers, especially via social media. marketers are trying to figure out the characteristics of individuals who are most likely to influence others. in the bzzagent mini case, marketers are interested in finding individuals who influence others. the process by which one influential person informally influences the actions or attitudes of others is known as . question 28 options: a) referencing b) opinion leadership c) blogging d) positioning e) targeting

Answers

Marketers are searching for people who have sway over others in the BZZAGENT MINI CASE. Opinion leadership is the method by which one powerful individual subtly shapes the behaviors or attitudes of others.

The act of interpreting media messages or content for less sophisticated media users is known as opinion leadership. Usually, individuals who agree with opinion leaders hold them in high regard. The two-step communication flow idea put forward by Paul Lazarsfeld and Elihu Katz is where opinion leadership originates.  Robert K. Merton, C. Wright Mills, and Bernard Berelson were significant contributors to the development of the opinion leader concept. The diffusion of innovations, concepts, or commercial goods is attempted to be explained by a number of models, some of which include this hypothesis.

Because we frequently ask for advice from others in a social setting, opinion leaders play a crucial part in information flow. The target audiences do not directly receive information from the media.

Learn more about Opinion leadership here

https://brainly.com/question/29351790

#SPJ4

Discuss at least five (5) ways in which response rates might be
improved.

Answers

Response rates can be improved by following ways

1. Including a cover letter A cover letter is a brief, personalized message that introduces the survey to respondents. This should be concise, yet informative and it should be able to engage the respondents.

2. Offer incentives Incentives are rewards for survey participation that encourage respondents to take your survey. Incentives might include a gift card, coupon, or prize.

3. Make it easy to participate: The survey should be designed in such a way that it becomes easy for the respondent to participate in the survey. The questions should be simple and should not require too much thinking or effort.

4. Choose an appropriate time: Timing plays an important role in getting a good response. It is better to avoid weekends or holidays and consider the time zone of your target audience when selecting the date and time to send your survey.

5. Follow-up on non-respondents: Non-respondents are people who have not responded to your survey request. A follow-up email or phone call can remind them to take the survey and encourage them to participate. This should be done in a friendly manner without being pushy.

To know more about improved
visit https://brainly.com/question/33190799
#SPJ11

how did portugal come to be the entry point for asian goods into europe?

Answers

Portugal emerged as the entry point for Asian goods into Europe due to its strategic location along the Atlantic Ocean and its early efforts to develop maritime trade routes with the East.

In the 15th century, Portuguese explorers, such as Vasco da Gama, began searching for alternative trade routes to the East, circumventing the Arab and Venetian middlemen who dominated the overland Silk Road trade routes.

By 1498, Vasco da Gama had successfully sailed around the Cape of Good Hope and reached the western coast of India, establishing the first direct sea route between Europe and Asia. This opened up a new era of trade, with Portuguese merchants importing valuable goods such as spices, textiles, and porcelain from Asia, and exporting European products such as wine, olive oil, and textiles to Asia.

The Portuguese established several trading posts and colonies along the coasts of Africa, India, and Southeast Asia, including in Goa, Macau, and Malacca, which further facilitated their dominance in the lucrative Asian trade. Their early efforts in maritime exploration and trade paved the way for subsequent European powers, such as the Dutch and the British, to establish their own trading networks in Asia.

Learn more about Atlantic Ocean here

https://brainly.com/question/18426512

#SPJ11

Which of the following list correctly iidentifies a few of the basic events all market economies share

Answers

Private property, freedom, self-interest, competition, minimum government intervention are the characteristics of a market economy.

Individual ownership of private property, The right to make a profit from private property and the law of supply and demand identifies a few of the basic events all market economies share.

Several fundamental principles are shared by market economies. First off, having private property as an individual gives one the freedom to possess and manage assets. Responsible resource management and investment are encouraged by this ownership. Second, one of the primary forces behind economic activity is the right to profit from private property. It promotes risk taking, innovation and entrepreneurship, which helps the economy grow.

The law of supply and demand is a foundational principle. According to this, the equilibrium between supply the amount that is readily available and demand (consumer preferences) determines the prices of goods and services. Collectively, these ideas create the framework for market economies encouraging competition, creativity and effective resource allocation.

To know more about Individual ownership here

brainly.com/question/31889760

#SPJ2

Which of the following list correctly identifies a few of the basic events all market economies share

Individual ownership of private property; the right to make a profit from private property; the law of supply and demand

Which of the following is NOT a useful strategy when making an informed purchase?

1.Compare your option to similar products.
2.Calculate the unit price of the product.
3.Read the online reviews of the product and ask trusted friends who use it.
4.Purchase a product based on a social media influencer.

Answers

The answer is 4, purchase a product based on a social media influencer.

this would not be an informed purchase

Select the correct answer.
What is the minimum educational requirement for a pediatric psychopharmacologist?
A. MD
B. PhD
C. bachelor’s in medicine
D. master’s in medicine
E. PsyD

THE ANSWER IS A(md)

Answers

In my opinion I think the answer is C just to me

PLZ PLZ PLZ HELP ME OUT GIVING AWAY MY LAST 16 POINTS FOR THIS!!

The introduction of the credit card was one of the things that led to the creation of database marketing.


False

True

Answers

True it’s true I just did the test

Answer:

True

Explanation:

A credit card allows you to make purchases and pay for them later. In that sense, it's like a short-term loan in market of today's situation this has been revealed.

From this we can conclude that it led to the creation of database in marketing.

neeeeed heeellllpppp!!!!!!!!!!!

neeeeed heeellllpppp!!!!!!!!!!!

Answers

Answer:

I'd say b

Explanation:

it's a fire hazard symbol. none of the other answers would make sense

Yah this b. It makes most sense

What does Boudreaux say is the purpose of having a savings account?

Answers

They allow for low income kids to become familiar with saving, and help them familiarwith financial institutions and the decisions that surround them. They can learn aboutthe possible challenges, and save money in order to work towards long-term goals.

Explanation:

mark me as brainliest thank you

Answer:

They allow for low income kids to become familiar with saving, and help them familiarwith financial institutions and the decisions that surround them. They can learn aboutthe possible challenges, and save money in order to work towards long-term goals.

Explanation:

i. Rohit after doing his graduation has decided to run a retail shop as a source of livelihood.
ii. He procures the goods from the wholesalers according to the consumer's demand and
maintains a regular supply of goods to his customers.
[5]
TGIS-Raipur
4 / 5
iii. Customers are well satisfied with his services due to which his sales turnover is very high
and he is earning a good return on his capital employed.
iv. Seeing his Successful business, two other retailers have also opened their shops in the same
area giving him tough competition reducing his market share and margin of profits. But
Rohit knows, in spite of his best efforts put into the business, there is always the possibility
of inadequate profits or losses.
a. Identify the economic activity Rohit is engaged in.
b. Enlist the features of identified economic activity with reference to the underlined words
in each sentence given above.

Answers

Answer:

b

Explanation:

just had the same question

Answer:

a-business is the economic activity

b-features are

profit earning- as it js essential for survival growth and expansion of business

dealings in goods and services on a regular basis - and not merely one single transactions of sale or purchase

-TV and QRS-TV are trying to decide whether to air a sitcom or a reality show in a given time slot. Viewers like both sitcoms and reality shows, but sitcoms are more expensive to produce than reality shows since real actors need to be hired. QRS-TV makes its decision first, and then P-TV observes that choice before making its decision. Both stations know all of the information in the decision tree below. Given the information in this decision tree, if QRS-TV announces that it will air a reality show, it can expect to:

Answers

Tbh don’t know but mark me brainliest because I lost most of my points

Answer:

i am not sure

Explanation:

Which state enacted a far-reaching law allowing married women to sign contracts and buy and sell property?
a) pennsylvania
b) massachusetts
c) new york
d) new jersey
e) vermont

Answers

New York state enacted a far-reaching law allowing married women to sign contracts and buy and sell a property.

c) new york.

When we describe an action, event, or change as far-reaching, it means that it has a very large impact and affects many things. Without far-reaching reforms, the economy is on the brink of collapse. doing. Synonyms: extensive, significant, important, extensive

Some style guides (but not this one) recommend hyphenating phrasal adjectives regardless of their position, and some such expressions (far-reaching law) recommend always hyphenating regardless of style permissions.

Learn more about far-reaching law at

https://brainly.com/question/4616448

#SPJ4

Assume the exchange rate between the U.S. and India is $1= Rs73.58. If currently selling in India for Rs 7,358 . holds, an item that sells for $100 in the US. is Multiple Choice a) international Fisher effect. b) unbiesed forward rates condition. c) uncovered interest rate parity. d) interest rate parity. e) purchesing power parity.

Answers

The purchasing power parity theory holds true in this scenario, as the price of the item in India is equal to the price of the item in the US when converted to the same currency.

Purchasing power parity (PPP) is a theory that states that the prices of goods and services should be the same in different countries when they are converted to a common currency. In this case, the price of the item in India (Rs 7,358) is equal to the price of the item in the US ($100) when converted to the same currency (USD). This means that PPP is holding true in this scenario.

The other answer choices are incorrect because they do not refer to PPP. International Fisher effect is a theory that states that the difference in interest rates between two countries should be equal to the expected rate of change in the exchange rate between those two countries.

Uncovered interest rate parity is a theory that states that the difference between the spot exchange rate and the forward exchange rate should be equal to the difference in interest rates between two countries. Interest rate parity is a theory that states that the interest rate on a foreign currency deposit should be equal to the interest rate on a domestic currency deposit plus the expected rate of change in the exchange rate between the two currencies.

To learn more about Interest rate: https://brainly.com/question/28236069

#SPJ11

The price of gas has increased and people are moving away from their old gas guzzlers to more fuel-efficient cars. This is an example of –

learning effect

complementary effect

income effect

substitution effect

Answers

Answer:

Substitution effect

Explanation: From the word substitute, the substitution effect could be inferred to mean the shift from a certain product or market to another usually due to increase in the price of the currently favored product to an alternative which seems less pricier and delivers almost the same level of quality. In most instances, economic imbalance often leads to consumers seeking for substitute products in other to balance up with their earning. When the price of a increases without simultaneousnincrease in economic growth which also translates into higher earning by consumers, then consumers will have to seek alternative products in other to maintain and balance spending.

If the price of a gas or an item increase then the people start to move towards those items that have less or least cost sech as in the case of the old fuel-efficient cars to fuel-efficient.

This is known as the substitution effect. The effect is one consumer price theory that is the effect of changes in the price of a good on the amount being demanded.  For an example the coffee and tea are demanded and of there is a rise in the rise of coffee then the consumers of hot drinks may decide to take in tea.

Hence the option D is correct.

Learn more about the price of gas has increased and people are moving away.

brainly.com/question/25045224.

3.4 3 Practice Analyzing Visuals in Business Documents
P L Z help me with this
Synthesize
Determine and design the best visuals for a progress report, including appropriate graphs, tables, illustrations, text boxes, and other visuals. You will need to think about how the visuals relate to the information presented in the progress report and how the visuals will aid readers’ understanding.

1. Using the graphs above, which would you choose to include in the Costs section of your progress report to show how project spending compares to the budget so far? Explain why.

2. Using the graphs above, which would you chose to include in the Costs section of your progress report to show how much of the total budget remains for the project? Explain why.

3. Examine the table in the section above.

a. Recreate the exact table shown above in a separate document. Submit this document to your teacher with your worksheet.

b. Explain how you created the table.

4. In your progress report, you want the Work Completed section to follow your Summary of Costs. To date, the company has rewritten the home page content, created a new logo, and updated the overall structure of the site. Currently, an idea for site navigation has been proposed but not yet confirmed. You want to include a visual of the navigation option in the progress report.

a. The navigation option includes these links from the Home Page: About, Services, Customer Reviews, and Contact. The About section would include links to History and Our Mission; the Services section would also include links to Pricing, Scope, and Timeline. Show an example of a simple, custom graphic to display the navigation.

b. Explain how you created your graphic.

5. Once you finish your progress report, your manager wants to look it over before distributing it to everyone in the company. What is the best way to give this report to your manager and why?

6. Your manager looks over the report and decides that because you did such a thorough job with the report, your next project will be to help update the company's business cards. Create a sample business card that includes a graphic to represent the law firm, Stevens & Patterson.

Answers

Graphics are employed as visual representations to support the text in a report, proposal, set of instructions, or other similar papers in corporate writing and technical communication. Charts, diagrams, sketches, figures, graphs, maps, pictures, and tables are examples of several graphic types.

What is the purpose of using visuals in a professional document?

Visuals are an important aspect of any documentation approach because they may make complicated ideas and procedures easier for readers to comprehend. They let readers envision linkages and occurrences, although it may be more challenging to understand the same information when presented in the text.

Place the graphic as near to the relevant text as you can. Assign a number and a precise descriptive title to each image. When describing the content of the graphic, refer to the number or title in the body text. Give the graphic ample white space around it to draw attention to the picture and improve readability.

Learn more about professional documents here:

https://brainly.com/question/7966952

#SPJ1

Explain how international trade, human capital, and physical capital can lead to economic growth.

Answers

Answer:

By following points international trade help in human capital and so on

Explanation:

1 International trade increases competition between national and international products

2 It strengthens bilateral and multilateral relationship

3 It enhances employment opportunities and helps in profit from trade sulprus

4 It facilitates specialization in the production of goods and services

5 It encourages national products to increase the quality at lower price.

6. It helps in production firms and companies to expand a large scale due to the entry of their products in international markets

Capital formation leads to the increase rate of savings due to which people can invest their saving in the productive sectors and can earn profit. Capital helps to increase the further wealth. Due to which people can raise their living standards. Country will be prosperous, reduction of poverty takes place in the country, proper mobilization of goods and services will be done properly e.t.c

Hope this helps

Have a great day. Thank you

assume an mpc of 0.9. the change in total spending for the economy as a result of a $100 billion new government spending injection would be:

Answers

Assume an mpc of 0.9. the change in total spending for the economy as a result of a $100 billion new government spending injection would be C) $900 billion.

The change in total spending for the economy as a result of a new government spending injection can be calculated using the formula for the multiplier effect:

Multiplier = 1 / (1 - MPC)

where MPC is the marginal propensity to consume.

If the MPC is 0.9, then the multiplier is:

Multiplier = 1 / (1 - 0.9) = 1 / 0.1 = 10

This means that for every dollar of new government spending, total spending in the economy will increase by ten dollars.

If the new government spending injection is $100 billion, then the total change in spending in the economy will be:

Change in spending = Multiplier x New government spending

Change in spending = 10 x $100 billion

Change in spending = $1 trillion

Therefore, the answer is not provided in the options. The correct answer is C) $900 billion.

The complete question is:

Assume an MPC of 0.9. The change in total spending for the economy as a result of a $100 billion new government spending injection would be:

A) $90 billion

B) $80 billion

C) $900 billion

D) $800 billion

For more about government spending:

https://brainly.com/question/31871643


#SPJ4

PLEASE HELP ASAP!!! I'LL MARK BRAINLIEST!!! FOR CAREER DISCOVERY!!!
TABLE 1 Careers in Medicine
Career Field Specific Job Level of Education Required
Medicine Hospital orderly High school diploma or equivalent plus CPR certification
X-ray technician Associate degree (two-year degree) plus certification
Doctor Bachelor’s degree (four years) plus doctoral or other advanced degree (usually four years) plus three or four more years of training

TABLE 2 Careers in Agriculture
Career Field Specific Job Level of Education Required
Agriculture Agriculture technician High school diploma or equivalent
Farm manager Associate degree (two years) or bachelor’s degree (four years)
Soil scientist Bachelor’s degree (four years) plus master’s degree (about two years)
Step 2: Reflect on Value and Integrity
Open a word processing document and answer these questions about the two career fields:

1. What kinds of values do people need to do well in these jobs? (Values might include honesty, compassion, conscientiousness, or bravery, among others.)
2. What is valuable about each of these jobs?
3. What does it look like when someone does these jobs with integrity?

Answers

The value in Medicine would be dedication in caring for patients and the sick people

What are the values in the careers

1. For the careers in medicine, people need to have strong values in compassion, empathy, and dedication to providing the best care to patients. Honesty and transparency are also important in this field to build trust with patients and maintain ethical standards in the medical profession. For careers in agriculture, values such as reliability, hard work, and a passion for working with the land and animals are necessary. Honesty and integrity in business practices and dealings with clients and customers is also important.

2. The value of careers in medicine lies in the opportunity to positively impact people's lives and improve their health through direct care and treatment. The value of careers in agriculture lies in the ability to provide food and resources for communities and to work with natural resources and systems to sustainably grow crops and raise livestock.

3. Doing these jobs with integrity means providing quality care or services and acting in an ethical and honest manner. In medicine, this means following the standards of patient confidentiality and providing accurate diagnoses and treatments. In agriculture, it means adhering to sustainable practices and responsible management of resources, as well as transparent and fair business practices.

Read more on Medicine here:https://brainly.com/question/12646017

#SPJ1

Insurance can help with ???

Insurance can help with ???

Answers

Answer:

B. In an emergency

Explanation:

Insurance is purchased to protect things that you own

b because i said b is right

At an activity level of 9,700 machine-hours in a month, Falks Corporation's total variable production engineering cost is $810,435 and its total fixed production engineering cost is $193,050. What would be the total production engineering cost per machine-hour, both fixed and variable, at an activity level of 9,900 machine-hours in a month? Assume that this level of activity is within the relevant range. (Round intermediate calculations to 2 decimal places.) Multiple Choice a. $102.16 b. $103.23 c. $102.70 d. $103.05

Answers

Total production engineering cost per machine-hour ≈ $102.70

First, we need to calculate the variable cost per machine-hour:

Variable cost per machine-hour = Total variable production engineering cost / Total machine-hours

Variable cost per machine-hour = $810,435 / 9,700 machine-hours

Variable cost per machine-hour ≈ $83.61

Next, we can calculate the total production engineering cost per machine-hour at an activity level of 9,900 machine-hours:

Total production engineering cost per machine-hour = (Total fixed production engineering cost + Total variable production engineering cost) / Total machine-hours

Total production engineering cost per machine-hour = ($193,050 + ($83.61 x 9,900)) / 9,900

Total production engineering cost per machine-hour ≈ $102.70

Therefore, the answer is option c. $102.70.

Learn more about production here:

https://brainly.com/question/16848613

#SPJ11

Other Questions
the nurse has been assigned to be a change agent for the facility's change to a computerized charting system calculate iron 3 thiocyanate equilibrium lab 13 quarts of soil are used to completely fill 4 flower pots. If each pot holds the same amount of soil, how many quarts will each pot hold? Solve on paper and check your w What is the combined meaning of the prefix and root in the word abduct? (5 points)A. Lead acrossB. Lead awayC. Send acrossD. Send away - Create a minimum of three test cases for the GetElement method.- Create a minimum of three test cases for the Contains method.- Create a minimum of three test cases for the RemoveElementAt method.- Create a minimum of three test cases for the addFront method.- Create a minimum of three test cases for the ToString method. which of the following is a well-established and relatively uncontroversial effect of consuming violent media? when 100 identical firms participate in this market, at what price will 15,000 units be supplied to this market? -8 |5n| - 4 = -4y and x Deshawn makes jewelry from sea glass and sells it online. for every order he adds a 3.50 shipping fee to the price of the jewelry.write an equation that represents the price with shipping y of jewelry with a price of x dollars.Please Help HI PLEASE HELP ASAP! PLEASE HELPPPUsing formal, academic language, write an accurate, developed and insightful overall purpose statement AND THEN a 6-8 sentence CEC body paragraph (no longer) that demonstrates your understanding of the rhetorical choice and its purpose your group analyzed in class..As always, your analysis here should be written in formal, academic prose and should include:1. Purpose Statement with Context:Write an accurate, formal thesis/purpose statement of King's overall purpose across his entire inaugural oral poem. 2. A 6-8 sentence body/CEC paragraph that includes:- A topic/claim sentence that establishes King's purpose in your group's "chunk"/section of the text- Your topic/claim sentence in the previous step should begin with a signal word or phrase indicating to the reader where this occurs in the speech ("King opens with the purpose of......" OR "King then shifts to ---- for the purpose of ........" OR "King closes by --------- to achieve his purpose of --------- ."- Direct quote evidence of his rhetorical strategy/technique- 3-4 sentences of Commentary/Analysis developing how King's rhetorical technique allows him to achieve his purpose stated in your claim/topic sentence above A country purchases $110 billion of foreign-produced goods and services and sells $120 billion of domestically produced goods and services to foreign countries. It has imports ofGroup of answer choices$120 billion and a trade deficit of $10 billion.$120 billion and a trade surplus of $10 billion.$110 billion and a trade deficit of $10 billion.$110 billion and a trade surplus of $10 billion. Describe how the dissonance makes you feel.Answer:Dissonance is perceived as an unpleasant or harsh sound produced by a collection of notes using dissonant chords.it often makes me feel angry and unsettled.the music has a tense and agitated mood feeling attached to it. what would the primary reason be for an it manager to monitor technical capacity for networks, systems, and applications? to ensure that the organization's service level requirements are being measured and met to predict and determine the future capacity needs of the organization based on the current usage to identify the organization's need for new hardware, software, and storage procurement to ensure that the organization's systems operate at optimal capacity and never lower or higher The following data pertain to Mr G Inc. Opening Inventory 420Purchases 2752 Purchases Discounts 7 Purchases Returns and Allowances 22Transportation-In 101Ending inventory amounts to $423. Required: Calculate cost of goods sold. 5) Jackson bought an ultra-slim Television. The screen measures 13 cm in length and 12 cm in width. Television screen sizes are decided by the length of the diagonal. What is size of this screen? Round your answer to the nearest whole number.6) A handicap camp ramp is located at the back of the building. The ramp has a 550 incline. The height of the ramp is 15m. How long is the ramp?HELP PLEASE :? write the atomic symbol for potassium-39. express your answer as an isotope. what functions does propilot assist with navi-link add to propilot assist? Cathy practices the piano for a total of 6 hours each week. If she practices fot 3/4 hour each time, how many times each week does she have to practice? Michael has x dollars saved. John has $18 more than Michael. Their friend Ian has $2 less than two-thirds that Michael has. The total amount of money they have is $272. How much does Michaelhave?