You are considering an investment in a mutual fund with two share classes, A and B. Class A has back-end load that start at 4% and fall by 1% for each full year the investor holds the portfolio (until the fourth year) and management fee of 0.5%. Class B has no load but has management fee of 0.5% and 12b-1 fee of 1%. Suppose the gross return of this fund is a constant 10% per year. If you plan to invest for 2 years, your holding-period return from the two share classes would be 17.5% and 17.7%
15.1% and 17.7%
17.5% and 18.8%
15.1% and 18.8%
None of the above options is correct.

Answers

Answer 1

Answer: Add all together and total number you will get substract it from your main answers

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Klean Fiber Company is the creator of Y-Go, a technology that weaves silver into its fabrics to kill bacteria and odor on clothing while managing heat. Y-Go has become very popular in undergarments for sports activities. Operating at capacity, the company can produce 1,031,000 Y-Go undergarments a year. The per unit and the total costs for an individual garment when the company operates at full capacity are as follows. Per Undergarment Total Direct materials $2.04 $2,103,240 Direct labor 0.40 412,400 Variable manufacturing overhead 1.04 1,072,240 Fixed manufacturing overhead 1.44 1,484,640 Variable selling expenses 0.34 350,540 Totals $5.26 $5,423,060The U.S. Army has approached Klean Fiber and expressed an interest in purchasing 250,500 Y-Go undergarments for soldiers in extremely warm climates. The Army would pay the unit cost for direct materials, direct labor, and variable manufacturing overhead costs. In addition, the Army has agreed to pay an additional $1.02 per undergarment to cover all other costs and provide a profit. Presently, Klean Fiber is operating at 70% capacity and does not have any other potential buyers for Y-Go. If Klean Fiber accepts the Army's offer, it will not incur any variable selling expenses related to this order.Required:Prepare an incremental analysis for the Klean Fiber.
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Which firm is likely to see its profits reduced the most in a recession: an automobile producer, a manufacturer of boots and shoes, or a janitorial service? Which is likely to see its profits reduced the least? Explain.

Xie Company identified the following activities, costs, and activity drivers for 2017 The company manufactures two types of go-karts Deluxe and Basic.Activity Expected Costs Expected Activity
handling materials $ 625,000 100,000 parts
Inspecting product 900,800 1,500 batches
Processing purchase orders 105,000 700 orders
Paying suppliers 175,000 500 invoices
Ensuring the factory 300,000 40,000 square feet
Designing packaging 75,000 2 models
Required:
1. Compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours
2. In January 2017, the Deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. Assign overhead costs to each model using the single plantwide overhead rate.

Answers

Answer:

Instructions are below.

Explanation:

Giving the following information:

handling materials $625,000

Inspecting product $900,800

Processing purchase orders $105,000

Paying suppliers $175,000

Ensuring the factory $300,000

Designing packaging $75,000

Total overhead= $2,180,800

First, we need to calculate the plantwide predetermined overhead rate:

Estimated direct-labor hours= 125,000

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 2,180,800/125,000

Predetermined manufacturing overhead rate= $17.45 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Deluxe= 2,500*17.45= $43,625

Basic= 6,000*17.45= $104,700

, Inc. retires a $15 million (face value) bond issue when the carrying value of the bonds is $13 million, but the market value of the bonds is $16 million. The entry to record the retirement will include: Select one: a. A gain of $2 million b. A loss of $2 million c. A loss of $4 million d. A gain of $4 million e. A loss of $3 million

Answers

Answer:

Loss on bond redemption = $3 million

Explanation:

Given:

Face value = $15 million

Carrying value = $13 million

Cash paid = $16 million

Find:

Profit / loss

Computation:

Loss on bond redemption = Carrying value - Cash paid

Loss on bond redemption = $13 million - $16 million

Loss on bond redemption = $3 million

The entry to record the retirement will include option E. A loss of $3 million. To understand the calculation see below.

Bond Redemption

We are provided with the information about :

Face value = $15 million

Carrying value = $13 million

Cash paid = $16 million

We need to find profit or loss. The difference between Carrying value and Cash paid is the profit or loss.

Carrying Value - Cash paid

$13 million - $16 million

-$3 million, the answer is negative hence there is loss.

Therefore, the correct option is E. A loss of $3 million.

Learn more about Redemption here:

brainly.com/question/7158291

The manufacturing overhead budget at Rost Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 2,800 direct labor-hours will be required in September. The variable overhead rate is $7.00 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,120 per month, which includes depreciation of $3,640. All other fixed manufacturing overhead costs represent current cash flows. The September cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:

Answers

Answer:

Total overhead cash disbursement= $59,080

Explanation:

Giving the following information:

Estimated direct labor hours= 2,800

The variable overhead rate is $7.00 per direct labor-hour.

Estimated fixed manufacturing overhead= $43,120 per month

Includes depreciation of $3,640

To calculate the cash disbursement, we need to deduct from the fixed manufacturing overhead the depreciation expense because it is not a cash disbursement.

Variable overhead= 7*2,800= 19,600

Fixed overhead= 43,120-3,640= 39,480

Total overhead cash disbursement= $59,080

Expenses include all of the following except: Multiple Choice making a payment on account. using supplies. paying for electricity used during the current period. paying wages for production workers for work performed during the current period.

Answers

Answer:

using supplies

Explanation:

An expense can be described as cost incurred by a company in a bid to earn revenue.

When supplies are used no explicit cost is incurred in the process so it doesn't qualify as an expense.

I hope my answer helps you

Expenses include making a payment on account, using supplies, and paying wages for production workers for work performed during the current period.

What is not considered an expense?

However, paying for electricity used during the current period is not considered an expense. Instead, it is categorized as an operating cost or utility cost.

Expenses typically refer to the costs incurred by a business in its day-to-day operations, such as purchasing inventory, paying wages, or using supplies.

Answers

Answer:

a. $9,000

b. $22,000 and $11,000

c. $5,220 and $6,660

Explanation:

The computation of the depreciation expense for the two years are shown below:

a) Straight-line method:

= (Original cost - residual value) ÷ (useful life)

= ($44,000 - $8,000) ÷ (4 years)

= ($36,000) ÷ (4 years)

= $9,000

In this method, the depreciation is same for all the remaining useful life

So, in year 2021 and 2022, the depreciation expense would be $9,000

(b) Double-declining balance method:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 4

= 25%

Now the rate is double So, 50%

In year 2021, the original cost is $44,000, so the depreciation is $22,000 after applying the 50% depreciation rate

And, in year 2022, the $22,000 × 50% = $11,000. The $22,000 is come from $44,000 - $22,000

(c) Units-of-production method:

= (Original cost - residual value) ÷ (estimated production)

= ($44,000 - $8,000) ÷ (20,000 hours)

= ($36,000) ÷ (20,000 hours

= $1.8 per hours

For the 2021, it would be

= Production hours in 2021 year × depreciation per hour

= 2,900 hours × $1.8

= $5,220

Now for the 2022 year, it would be

= Production hours in 2022 year × depreciation per hour

= 3,700 hours × $1.8

= $6,660

Kevin invests $800 in an account that earns 5% simple interest. Jeremy invests $600 in an account earning 6%interest compounded annually. Who will have earned more interest after 3 years? How much more?
A. Kevin will have earned $5.39 more than Jeremy after 3 years.
B. Jeremy will have earned $5.39 more than Kevin after 3 years.
C. Kevin will have earned $18.10 more than Jeremy after 3 years.
D. Jeremy will have earned $18.10 more than Kevin after 3 years.

Answers

Answer:

Explanation:

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