Kima company manufactures and sells two models of a home appliance. the standard model is a basic appliance with mostly manual features, while the galaxy model is highly automated. the appliances are produced to order, and there are no inventories at the end of the year. the cost accounting system at kima allocates overhead to products based on direct labor cost. overhead in year 1, which just ended, was $3,132,000. other data for year 1 for the two products follow. standard model galaxy model (20,000 units) (3,000 units) sales revenue $ 6,160,000 $ 2,860,000 direct materials 2,560,000 460,000 direct labor 1,760,000 560,000

required:

a. compute product line profits/loss for the standard model and the galaxy model for year 1.

b. a study of overhead shows that without the standard model, overhead would fall to $2,330,000. assume all other revenues and costs would remain the same for the galaxy model in year 2. compute product line profits/loss for the galaxy model in year 2 assuming the standard model was not produced or sold.

1. the healthy pantry bought new shelving and financed $7,300 with 36 monthly payments of $267.65 each. suppose the firm pays the loan off with 13 payments left. use the rule of 78 to find the amount of unearned interest. 2. the healthy pantry bought new shelving and financed $7,300 with 36 monthly payments of $267.65 each. suppose the firm pays the loan off with 13 payments left. use the rule of 78 to find the amount necessary to pay off the loan. ! i entered 967.82 for question 1 and 5,455.78 for question 2 and it said it was

Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?

Suppose that xtel currently is selling at $40 per share. you buy 500 shares using $15,000 of your own money, borrowing the remainder of the purchase price from your broker. the rate on the margin loan is 8%. a. what is the percentage increase in the net worth of your brokerage account if the price of xtel immediately changes to (a) $44; (b) $40; (c) $36? (leave no cells blank - be certain to enter "0" wherever required. negative values should be indicated by a minus sign. round your answers to 2 decimal places.) b. if the maintenance margin is 25%, how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.) c. how would your answer to requirement 2 would change if you had financed the initial purchase with only $10,000 of your own money? (round your answer to 2 decimal places.) d. what is the rate of return on your margined position (assuming again that you invest $15,000 of your own money) if xtel is selling after one year at (a) $44; (b) $40; (c) $36? (negative values should be indicated by a minus sign. round your answers to 2 decimal places.) e. continue to assume that a year has passed. how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.)