Please add the explanation.

3.A project costs $475 and has cash flows of $100 for the first three years and $75 in each of the project's last five years. If the discount rate is 10%, what is the discounted payback period?

A) The project never pays back on a discounted basis

B) 5 years

C) 6 years

D) 7 years

E) 8 years

Without using R find the median and the first quartile of the following data taken from a random sample of systolic blood pressures of patients measured in mmHg. What is the interquartile range?

88, 88, 92, 96, 96, 100, 102,102,104,104,105,105,105,107,107,108,110,110,110,111,111, 112,113,114, 114,115,115,116,116,117,117,117, 118,119,120,121,121, 121,121,121,121,122,122,123,123, 123, 123,123,124,124,124,124,125,125,125,126,126,126,126, 124, 125,125,125,126,126,126,126,131,133,134,135,136,136,136,138,138,139,139,141,142,142, 143,144,146,147,155,156.

Create a histogram of these data. What is the mode of the data?

A cutting-edge product of Continental Fan had the following net cash flow series during its first 5-year period on the market. Find all rate of return values between 0% and 100%.

The rate of return is ______%.

The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation. Production: 7,000 units finished and transferred out; 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $33,000; labor $21,000; overhead $36,000. Prepare a production cost report.

1. If the learning curve for a process is 100 percent, the labor requirements in the company drop sharply. TRUE OR FALSE

2. If it took 1000 hours to produce the first unit of a product, and the learning curve is 70%, how long will it take to produce units 26 through 50?

Answer: ___________ hours (use whole number)

3. Under 80% learning rate, the improvement rate is _______ %

• add 100 units to inventory in the next period
• add 200 units to inventory in the next period 
• hire workers to match the 100-unit difference
• lay off workers to match the 200-unit difference
• implement a lower price point to increase demand

VSB 3006 – Dr. JME

Handout – Variable Costing

Below is data for the JME Company for September and October of 20X1. JME uses a FIFO cost assumption.

                                        September   October

Sales in units                   90                105

Production in units           100               100

Sales price per unit          $20              $20

Var Prod cost/unit           $4.00           $4.25

Fixed Prod cost                $110             $130

Var Period cost/unit        $3.00           $3.15

Fixed Period cost             $175            $200

REQUIRED - You are to compute income under absorption costing and variable costing. In addition, “justify” or explain any differences.

Given this Binomial interest rate tree with volatility, please calculate the price of the CALLABLE BOND.
Use the Backward Induction process we have reviewed in class.
The below are 1-year forward rates. Ex: 2.96% is the 1y rate, 2-years forward.
Assume 50%/50% probability of an up or down move in rates

Bond Coupon = 2.35% pays annually; Bond Matures in Year 3; Callable in Years 1 and 2 at $100
Par Value = $100; Assume ANNUAL COMPOUNDING