A research source or a research literature could specify to any material wherein it can be used to gather and locate information from a given subject or topic. In addition, the information gathered from these sources must be properly cited and paraphrased so as to avoid plagiarism.
Answer:
$343
Explanation:
Andrea and Phillip's annual premium cost can be calculated using the cost per thousand formula:
cost per thousand = annual premium / thousands of coverage
- cost per thousand = $0.98
- thousands of coverage = $350,000 / $1,000 = 350
$0.98 = annual premium / 350
annual premium = $0.98 x 350 = $343
Answer:
Monthly deposit= $485.93
Explanation:
Giving the following information:
You want to retire exactly 35 years from today with $2,020,000 in your retirement account.
interest rate= 10.35 percent compounded monthly
First, we need to calculate the monthly interest rate.
Monthly interest rate= 0.1035/12= 0.008625
Now, using the following formula we can calculate the monthly deposit:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
n= 35*12= 420
A= (2,020,000*0.008625) / [(1.008625^420)-1]
A= $485.93
I am pretty sure that the answer is the money market account
Answer:
d. Actual overhead is recorded to the overhead control account during the period.
Explanation:
Actual overhead -
It is the indirect cost of the factory which have been incurred .
The example of actual overhead costs are as follows -
Factory depreciation , Equipment maintenance , Factory rent , Production supplies , Factory property taxes , Production supervisor salaries
hence , from the given options , the false statement is ( d ) .
