Business, 23.06.2021 02:00, oliviaclerk5

On March 1 the price of a commodity is $1,000 and the December futures price this commodity is $1,015. On November 1 the spot price of the commodity is $980 and the December futures price is $981. A producer of the commodity entered a December futures contracts on March 1 to hedge the sale of the commodity on November 1. The producer closed out the position on November 1. What is the effective price (after taking account of hedging) received by the producer?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 13:40, vanessam16

Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:

Answers: 3

continue

Business, 22.06.2019 16:30, ggggggggv24

On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.

Answers: 1

continue

Business, 22.06.2019 19:40, biasmi70

Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i. e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35

Answers: 2

continue

Business, 22.06.2019 21:50, peno211

Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no

Answers: 1

continue

Do you know the correct answer?

On March 1 the price of a commodity is $1,000 and the December futures price this commodity is $1,01...