Answer:
The correct answer for option (a) is $1.15 and for option (b) is $1.33.
Explanation:
According to the scenario, the given data are as follows:
Present value (PV) = $1
Rate of interest (R) = 1.18% per month
Time period (for option a) (t1)= 12 months
Time period ( for option b) (t2)= 24 months
So, we can calculate the future value by using following formula:
FV = PV × ( 1 + R )^t
(a). By putting value in the formula:
FV = $1 ( 1 + 0.0118)^12
= $1 × 1.1511610877
= $1.15
FV = PV × ( 1 + R )^t
(b). By putting value in the formula:
FV = $1 ( 1 + 0.0118)^24
= $1 × 1.32517184983
= $1.33
Answer:
235,000 total overhead
Explanation:
First we calculate the rate for activity
![\left[\begin{array}{cccc}&Cost&Pool&Rate\\Setups&60,000&24,000&2.5\\Inspections&120,000&24,000&5\\Assembly&280,000&28,000&10\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26Cost%26Pool%26Rate%5C%5CSetups%2660%2C000%2624%2C000%262.5%5C%5CInspections%26120%2C000%2624%2C000%265%5C%5CAssembly%26280%2C000%2628%2C000%2610%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Next, we apply this rate to desk lamp
![\left[\begin{array}{cccc}&Rate&Desk&Overhead\\Setups&2.5&16,000&40,000\\Inspections&5&15,000&75,000\\Assembly&10&12,000&120,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26Rate%26Desk%26Overhead%5C%5CSetups%262.5%2616%2C000%2640%2C000%5C%5CInspections%265%2615%2C000%2675%2C000%5C%5CAssembly%2610%2612%2C000%26120%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Total Overhead will be the sum of each activity overhead
40,000.00 + 75,000.00 + 120,000.00 = 235,000 total overhead
Is this a question or a fact?
Answer:
The correct answer is letter "B": production by U.S. citizens wherever they work in the world.
Explanation:
Gross National Product or GNP is one of a range of indicators economists use to calculate the economic output of a country. GNP is the market value of all goods and services produced by a country's citizens for one year, whether those goods were manufactured inside the country or produced elsewhere.
