You have been offered the following opportunity: receive a tax ‘forbearance' credit of $10,000 today. (For example, instead of paying your $50,000 tax bill, you can pay $40,000) In return, you must make higher tax payments of $1,000 per year for the next 15 years. The first of the annual payments will come in one year's time. If you think of this like a loan (you have more $ now than you would otherwise, but have to make future payments instead), what is the annual rate of return you are paying?

Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?