Answer: $615,872.50
Explanation:
The amount the National Health Center will receive is the sum of the future values, 3 years from now, of the annual payments of the fines.
Future value of $100,000 paid 1 year from today:
= 100,000 * (1 + 3.5%)²
= $107,122.50
Future value of $250,000 paid 2 years from now:
= 250,000 * (1 + 3.5%)
= $258,750
Future value of $250,000 paid 3 years from today:
= $250,000
Total is:
= 107,122.50 + 258,750 + 250,000
= $615,872.50
Answer:
c
Explanation:
Zero-based budgeting is a method of budgeting in where expenses must be justified for each new period. It requires managers to estimate sales, production, and other operating data as though operations are being started for the first time
The master budget is the sum of all budget made by lower levels in the organisation.
Continuous budgeting is the process of expanding the budget by adding one more month as each month goes by.
A flexible budget is a budget that changes to the activity levels of a the organisation
The variable cost for a company that makes bread is : Bread ingredients.
It's known as Outsourcing
a lot of companies in the United States outsource their jobs to the workers in outside country since they can get a same result with lower price. ( usually the companies only outsource the lower and menial jobs such as data entry or handling costumer service)
Currently The most outsourced countries in the world came from India and those in south east Asia
Answer:
$51
Explanation:
Given that,
Total estimated overhead = $240,300
Estimated direct labor hours = 4,690
Actual manufacturing overhead = $243,000
Actual direct labor-hours = 4,640
Hence,
Predetermined overhead rate:
= Total budgeted overhead cost for the year ÷ Total budgeted direct labor hours
= $240,300 ÷ 4,690 estimated direct labor hours
= $51.2367
Therefore, the predetermined overhead rate for the year was closest to $51.
