Answer:
true, defiantily true
Explanation:
if this helps can i have brainliest when u get the chance...thnx
Answer:
D. $65,000
Explanation:
Data provided
Direct labor = $56,500
Manufacturing overhead = $8,500
The computation of Conversion costs is shown below:-
Conversion costs = Direct labor + Manufacturing overhead
= $56,500 + $8,500
= $65,000
Therefore for computing the conversion cost we simply add the direct labor with manufacturing overhead.
Future Value is $7,327.20
<h3>What is compound interest ?</h3>
Compound interest is the interest on deposits that is computed using both the original principal and the interest accrued over time.
It is thought that the concept of "interest on interest" or compound interest first appeared in Italy in the 17th century. Compared to simple interest, which is just charged on the principal amount, it will cause a sum to grow more quickly.
Money grows more quickly when it is compounded, and compound interest increases as the number of compounding periods increases.
CI formula : A = P(1 + r/n)^nt
where,
P = principal balance,
r = interest rate,
n = number of times interest is compounded per time period and
t = number of time periods.
To solve this question :
A = P(1 + r/n)^nt
= 6,000 (1 + 0.02/12) 120
= USD 7,327.20
To know more about compount interest, visit :
brainly.com/question/14295570
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Macroeconomics is important because it allows the public to understand the economy as a whole, fiscal policy and global economic policy.
