You deposited P200,000 at BPI with an interest rate of 4% compounded semi-annually. What is the worth
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You deposited P200,000 at BPI with an interest rate of 4% compounded semi-annually. What is the worth of your money after 5 years and six months?
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PEI Dairy, maker of specialty cheeses, produces a soft cheese from the milk of Holstein cows raised on a special corn-based diet. One kilogram of soft cheese, which has a contribution margin of $6, requires 4 litres of milk. A well-known gourmet restaurant has asked PEI Dairy to produce 2,500 kilograms of a hard cheese from the same milk of Holstein cows. Knowing that the dairy has sufficient unused capacity, Elise Princiotti, owner of PEI Dairy, calculates the costs of making 1 kilogram of the desired hard cheese: Milk (10 litres x $2.50 per litre) Variable direct manufacturing labour Variable manufacturing overhead Fixed manufacturing cost allocated Total manufacturing cost $ 25 4 no all 2 6 $ 37 Requirement 1. Suppose PEI Dairy can acquire all the Holstein milk that it needs. What is the minimum price per kilogram it should charge for the hard cheese? If PEI Dairy can get all the Holstein milk it needs and has sufficient production capacity, then the minimum price per kilogram it should charge for the hard cheese is $ 31 per kilo. Requirement 2. Now suppose that the Holstein milk is in short supply. Every kilogram of hard cheese produced by PEI Dairy will reduce the quantity of soft cheese that it can make and sell. What is the minimum price per kilogram it should charge to produce the hard cheese? With the Holstein milk in short supply, determine the minimum price per kilogram it should charge to produce the hard cheese. Begin by determining the formula, and then calculate the minimum price. (Round your answers to one decimal place as needed.) Hard cheese +( +( Soft cheese X X Soft cheese | ) = Minimum price PEI Dairy, maker of specialty cheeses, produces a soft cheese from the milk of Holstein cows raised on a special corn-based diet. One kilogram of soft cheese, which has a contribution margin of $6, requires 4 litres of milk. A well-known gourmet restaurant has asked PEI Dairy to produce 2,500 kilograms of a hard cheese from the same milk of Holstein cows. Knowing that the dairy has sufficient unused capacity, Elise Princiotti, owner of PEI Dairy, calculates the costs of making 1 kilogram of the desired hard cheese: Milk (10 litres x $2.50 per litre) Variable direct manufacturing labour Variable manufacturing overhead Fixed manufacturing cost allocated Total manufacturing cost $ 25 4 no all 2 6 $ 37 Requirement 1. Suppose PEI Dairy can acquire all the Holstein milk that it needs. What is the minimum price per kilogram it should charge for the hard cheese? If PEI Dairy can get all the Holstein milk it needs and has sufficient production capacity, then the minimum price per kilogram it should charge for the hard cheese is $ 31 per kilo. Requirement 2. Now suppose that the Holstein milk is in short supply. Every kilogram of hard cheese produced by PEI Dairy will reduce the quantity of soft cheese that it can make and sell. What is the minimum price per kilogram it should charge to produce the hard cheese? With the Holstein milk in short supply, determine the minimum price per kilogram it should charge to produce the hard cheese. Begin by determining the formula, and then calculate the minimum price. (Round your answers to one decimal place as needed.) Hard cheese +( +( Soft cheese X X Soft cheese | ) = Minimum price
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Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
Posted Date:
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