Personal Consumption Expenditure. It is the essential measure of shopper spending on merchandise and ventures in the U.S. economy. It represents around 66% of local last spending, and in this manner it is the essential motor that drives future monetary development.
Answer:
Standard Overhead rate is $1.25 per Direct labor hours
Explanation:
Total variable cost (2000 unit * $2.50) = $5,000
Total fixed cost = <u>$5,000</u>
Estimated Overhead cost = <u>$10,000</u>
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Estimated Direct labor hour = 2000 unit * 4 hours = 8,000 hours
Standard Overhead rate = Estimated overhead cost / Estimated Direct labor hour
Standard Overhead rate = $10,000 / 8,000 hours
Standard Overhead rate = $1.25 per Direct labor hours
C. Finacial is the answer.
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The answer is, Fertilizer A = 20, Fertilizer B = 56.
<h3>What is fertilizer and example?</h3>
- Among the organic fertilizers that occur naturally are manure, slurry, worm castings, peat, seaweed, and guano. Crops made of green manure are also raised to enrich the soil with nutrients.
- Organic fertilizers also include naturally occurring minerals including mine rock phosphate, sulfate of potash, and limestone.
<h3>Set up the equations:</h3>
- Nitrogen: 8x + 5y ≥ 440.
- Phosphorous: 2x + 5y ≥ 260.
- Potassium: 4x + 5y ≥ 360.
<h3>Find the vertices:</h3>
- It is easiest to graph the equations to find the vertices. (see attachment).
- You can also solve each system of equations to find the intersected points.
<h3>The following satisfy the "greater than or equal to" requirement:</h3>
- (0, 88) = y-intercept of Nitrogen equation.
- (20, 56) = intersection of Nitrogen and Potassium equations.
- (50, 32) = intersection of Phosphorous and Potassium.
- (130, 0) = x-intercept of Potassium.
<h3>Use vertices in cost function C(x) to find the minimum:</h3>
- C(x) = $30x + $20y.
- (0, 88): $30(0) + $20(88) = $1760.
- (20, 56): $30(20) + $20(56) = $1720 = This is the minimum!
- (50, 32): $30(50) + $20(32) = $2140.
- (130, 0): $30(130) + $20(0) = $3900.
The minimum cost occurs when 20 bags of Fertilizer A and 56 bags of Fertilizer B are purchased.
Learn more about Fertilizer here:
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Answer:
The amount of cash received is $2940
Explanation:
The cash received by Syfy on July 24 will be for the amount due after accounting for sales return by Eureka and after deducting the sales discount / discount allowed.
The balance in accounts receivable account of Syfy after sales return by Eureka on July 20 will be, 5000 - 2000 = $3000
The payments terms allow a 2% discount if payment is made within 10 days of purchases. Eureka paid within the discount period thus it availed a discount of,
3000 * 0.02 = $60
The amount of cash received by Syfy is = 3000 - 60 = $2940