Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem - Mintshirt Company manufactures a single product: wardrobes, Mintshirt's wardrobes have a unique design that is not replicated by any other wardrobe manufacturer. The company was formed at the beginning of last year with an initial investment of $829,000. Mintshirt requires a 26% annual rate of return on the investment. In total, 11,700 wardrobes were produced and sold last year. For the upcoming year, the production and sales volumes are not expected to change from last year. The following costs are budgeted for the upcoming year.
Per Unit
Total (11,700 units)
Direct Materials
$77
Direct Labor
$67
Variable Manufacturing Overhead
$27
Fixed Manufacturing Overhead
$292,500
General and Administrative Expenses
$407,000
To price their product, Mintshirt uses the cost-plus pricing method. The company has a policy of using the absorption costing method for assigning costs to inventory and the formula method for determining a mark-up percentage.
Required -
a) Determine the budgeted full cost of a wardrobe for the upcoming year.
b) Calculate the mark-up percentage.
c) Determine the selling price of a wardrobe for the upcoming year.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd