1.Trevor and Company makes a single product requiring $50 of direct materials. Manufacturing overhead is applied using a predetermined overhead of 150% of direct labor cost. One third of manufacturing overhead is fixed. There is no under or over applied overhead and the company has no beginning or ending inventory. The company reports the following results for August :

Number of Units Sold : 8,000

Selling Price Per Unit : $300

Manufacturing Cost Per Unit : $200

Variable Selling and Admin. Expenses per unit : $45

Total Fixed Selling and Admin Expenses : $290,000

Question : How many units can sales go down before company incurs a loss?

2.You have a Treasury Bond that pays $100 one year from today and $1100 two years from today. What should the price of your bond be?

You notice that the yield to maturity on a one year-zero coupon treasury bond is 1% and the yield to-maturity on a two year-zero coupon treasury bond is 2%

3.On November 1, 2019, Mike opened an account and deposited $20,000. He invested this money in 1,000 shares in Crazy Growth mutual fund at $20/share. As of today, March 23, 2020, Mike's only investment grew to $37.00/share! Despite the great returns, and even with the fund being a back-end loaded fund, Mike believes that holding all his money in this one risky mutual fund is not worth the sleepless nights. He has therefore decided to sell half of his holdings. Calculate the amount that he will receive from the sale by selling half today.

4.Diane has $1.55 in dimes and nickels. She has a total of 19 coins .How many of each kind does she have?

5.Kingston Development Corp. purchased a piece of property for $2.79 million. The firm paid a down payment of 15 percent in cash and financed the balance. The loan terms require monthly payments for 30 years at an annual percentage rate of 7.75 percent, compounded monthly. What is the amount of each mortgage payment?

6.Use charts to describe branches of accounting

7.Describe the material facts in accounting

8.A company owes you $67,253 USD with 2% interest every month,

from June 16 1998 to March 16 2020.

How much do they owe today, including inflation over the years?

9.If i take loan on 3/11/20 for $5k, 36 months, apr 10.25%. How did they cal that mo pay is $162.82 for 1st 35 mo & final pay 36 mo is $162.79? What formula do they use or how they get that calculation?

The total finance charge is $861.43.

Payments are due monthly.

The daily rate is 0.028082.

The first payment due date is 4/30/20. The payment is at the end of each month.

10.A perpetuity pays $2X one year from today. The payments increase by 5% per year thereafter. The effective annual interest rate on this perpetuity is 6%. The present value is $32,400. A second perpetuity pays $Y one year from now, and the annual payment increases by $X per year thereafter. The effective annual interest rate on this perpetuity is i and the present value $24000. A third perpetuity pays $Y per year, with the first payment one year from now. The effective annual interest rate on this perpetuity is i and the present value is $4000. To the nearest $10, what is $Y?