Answer:
The fund balance at the end of the year is $22,075.
Explanation:
Let X denote the end-of-year balance. During the year, the balance grows as follows
1,205 → 1,230+ ($800) = 2,030
The time-weighted yield rate for the one yearperiod is 11.1%
11.1 = *
1230x = 27152265
x =
x = $22,075
Answer:
The appropriate answer is "$8,457,50".
Explanation:
The given values are:
Direct material cost,
= $9,500
Direct labor cost,
= $10,400
Units completed in job 412,
= 4
Now,
The total cost for completion of job 412 will be:
=
On substituting the values, we get
=
= ($)
Unit produced cost will be:
=
= ($)
70% of unit produced cost will be the profit margin, then
=
= ($)
hence,
The price charged to the customer will be:
=
On substituting the values, we get
=
= ($)