Answer:
The present value of the machine is $35499
Explanation:
The annual amount or annuity amount = $4010 per year.
Total number of years = 13 years
Here, the interest rate is not given so we just assume the interest rate = 6% per annum.
Since we have a total number of years and annual payment that occurs for 13 years. We are required to find the present value of the machine. So use the formula to find the present value of the annuity.
The present value of machine = (Annuity amount x (1 – (1+r)^-n) ) / r
The present value of machine = (4010(1 – (1+6%)^-13) ) / 6%
The present value of machine = $35499
Explanation:
Evie is more likely to be involved in e-marketing career pathway
The answer is, "this is referred to as self-management".
There are four essential Qualities of Effective Followers, which includes;
Self-management
Commitment
Competence and focus
Courage
Self management is considered as the key to being a good follower. <span>Effective group members can see themselves as they are as capable as their leaders.</span>
Answer:
The journal entry is as follows:
Cash A/c Dr. $1,176
Sales returns and allowances A/c Dr. $600
Sales discounts A/c Dr. $24
To accounts receivable $1,800
(To record the receipt of the check)
Workings:
Sales discount = 2% of ($1,800 - $600)
= 0.02 × $1,200
= $24
Answer:
Total overhead for O6 697,933
Explanation:
First, we solve for the activity rates:
![\left[\begin{array}{ccccc}$Activity&$Driver&$cost pool&$Total base&$Rate\\Processing&MHS&51000&16240&3.14\\Supervising&batches&31600&1230&25.69\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%24Activity%26%24Driver%26%24cost%20pool%26%24Total%20base%26%24Rate%5C%5CProcessing%26MHS%2651000%2616240%263.14%5C%5CSupervising%26batches%2631600%261230%2625.69%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Then, we apply this rate to the Product O6 base cost driver values
![\left[\begin{array}{ccccc}Activity&base&Allocate O6\\Processing&15600&48984\\Supervising&810&20,809\\Total&&69,7933\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7DActivity%26base%26Allocate%20O6%5C%5CProcessing%2615600%2648984%5C%5CSupervising%26810%2620%2C809%5C%5CTotal%26%2669%2C7933%5C%5C%5Cend%7Barray%7D%5Cright%5D)
