Answer:
The correct option is a. $15,198.
Explanation:
This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV = Present value of the loan or the largest loan amount that can be gotten =?
P = Monthly payment = $350
r = Monthly interest rate = APR / 12 = 5% / 12 = 0.05 / 12 = 0.00416666666666667
n = number of months = 4 years * 12 months = 48
Substitute the values into equation (1) to have:
PV = $350 * ((1 - (1 / (1 + 0.00416666666666667))^48) / 0.00416666666666667)
PV = $350 * 43.4229559379367
PV = $15,198.0345782779
Rounding to a whole dollar amount, we have:
PV = $15,198
Therefore, the correct option is a. $15,198.
Answer:
Each employer who has an employee (s) with occupational exposure to blood or OPIM is required to document an exposure determination. The exposure determination is made without regard to the use of personal protective equipment since employees are considered exposed even if they wear personal protective equipment.
Explanation:
Answer:
The cost of goods sold for the month is:
= $10,730.
Explanation:
a) Data and Calculations:
Finished goods inventory at the beginning of the month:
Job 243 $5,750
Job 244 $4,980
Work in process inventory at the beginning of the month:
Job 245 $3,675
Job 246 $4,250
Jobs started during the month:
Job 247 $5,100
Job 248 $3,800
Cost of goods sold:
Job 243 $5,750
Job 244 $4,980
Total $10,730
Finished Goods inventory ending balance:
Job 245 $3,675
Job 247 $5,100
Job 248 $3,800
Work in Process inventory ending balance:
Job 246 $4,250
Answer:
Stock out
Explanation:
Stockout cost can be regarded as lost of income as well as expenses which is as a result of shortage of inventory.
These can come up in different vways such as
✓Sales-related way; instance of these is when there is an order been placed by a customer but inventory is not available to sell to him/her gross margin that is related to sale would be loss by the company.
✓Internal process-related; this is when there is no inventory for a production run when the company needs it, then cost will be incurred in getting it even on short notice.
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A cost analysis is executed on a large number of historic procurement facts and cutting-edge market values. This must no longer most effective consist of prices but technical records as well. Through capturing this know-how in a database it becomes globally available to all estimators
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