Residual Value Problem: Question: Bell Company is projecting free cash flow (FCF) of $35 million during Year 3, which is the final year of the forecast period. After the forecast period, FCF is projected to grow at a constant rate of 5.5 percent. If the weighted average cost of capital is 10 percent, what is the residual value at the end of Year 3

Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was: