Answer:
The correct answer to the following question is option A) $490,000.
Explanation:
In 20X9, June 30 , the city of Moorhead went on to construct a new courthouse whose total budgeted cost was $500,000.
And in July 20X8, the project was given to Diamond construction to build the courthouse for $480,000. And on June 20X9, Diamond completed the courthouse and gave city of Moorhead a bill of $490,000, which they accepted and paid. So the city of moorhead should report their expenses as $490,000 on the statement of revenues, expenditures and fund balance.
Answer:
$950
Explanation:
The computation of the total cost assigned is shown below:
= Direct Material cost + Direct labor cost + overhead cost
where,
Direct material cost is $350
Direct labor cost = $12 × 20 direct labor hours = $240
Overhead cost = $18 × 20 direct labor hours = $360
Now put these values to the above formula
So, the value would equal to
= $350 + $240 + $360
= $950
Answer:
$1,248
Explanation:
The current premiums are $975, which is equivalent to 100%. The new premium will increase by 28%.
New premiums will be $975% plus 28%, which is equal to 128% of $975
= $975 x 128/100
=$975 x 1.28
=$1,248
Answer:
B) The money they saved in the past is worth less in the future
Explanation:
Answer:
The answer is C.
Explanation:
Stock options a type of contingent reward given to CEOs, top management or atimes workers of a company as an incentive to align their goals with the goals of the shareholders. Most times, the goals of management is different from goals of the shareholders. These people are called option holders.
Stock options are priced at a particular share price. If the share price for the company is within the range of the stock options price, the management will exercise this option.
