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4 years ago

Pedregon Corporation has provided the following information:

Business

1 answer:

Ulleksa [173]4 years ago

5 0

Answer:

$22,750

Explanation:

Data provided

Fixed manufacturing overhead = $16,500

Units produced = 5,000

Variable manufacturing overhead = $1.25

The computation of the total amount of manufacturing overhead cost is shown below:-

Manufacturing overhead = Fixed manufacturing overhead + Variable manufacturing overhead

= $16,500 + (5,000 × $1.25)

= $16,500 + $6,250

= $22,750

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You can afford a $1050 per month mortgage payment. You've found a 30 year loan at 8% interest.

Paladinen [302]

Answer:

loan can you afford = $143097.67

total money will you pay the loan company = $378000

interest amount = $234902.33

Explanation:

given data

principal = $1050 per month

time = 30 year = 30 × 12 = 360 months

interest rate = 8% = $\frac{0.08}{12}$ = 0.006667 monthly

solution

we get here first maximum amount of loan by present value of annuity as

present value of annuity = principal × $\frac{1-(1+rate)^{-t}}{rate}$ .........1

put here value we get

present value of annuity = 1050 × $\frac{1-(1+0.006667)^{-360}}{0.006667}$

present value of annuity = $143097.67

and

now we get total amount of money pay will be as

total amount of money pay = principal × time period

total amount of money pay = $1050 × 360

total amount of money pay = $378000

and

total amount of interest paid will be

interest amount = total amount paid - loan amount

interest amount = $378000 - $143097.67

interest amount = $234902.33

6 0

4 years ago

Rubio recently invested $20,000 (tax basis) in purchasing a limited partnership interest. His at-risk amount is $15,000. In addi

kati45 [8]

Answer:

$2,000

Explanation:

From the question, the initial tax basis of Rubio is $20,000.

In a partnership, share of profit will increase the initial basis while share of loss will reduce it.

As the share of Rubio in the limited partnership loss for the year is $22,000, it will make his tax basis to fall to zero because the loss of $22,000 is greater than his tax basis. The amount by which the loss is greater than his tax basis, i.e. $2,000 ($22,000 - $20,000) will be the loss that is allowed considering only the tax basis loss limitations.

Therefore, $2,000 loss is allowed to be carried over due only to the tax basis loss limitation.

4 0

3 years ago

When using the periodic system the physical inventory count is used to determine Select one: a. both the cost of the goods sold

AlexFokin [52]

Answer:

a. both the cost of the goods sold and the cost of ending inventory.

Explanation:

The physical count is used in the periodic inventory system to calculate the amount of ending inventory. However the cost of goods sold can be derived from using the ending inventory count. Suppose we have ending inventory of 100 units and Purchases were 500 units Also there were no beginning inventory units so the Cost of goods Sold can be calculated as

Cost of Goods Sold= Beginning Inventory Add Purchases Less Ending Inventory

Cost of Goods Sold= 0 + 500- 100= 400

8 0

3 years ago

In which of the following scenarios will you be entitled to pay the least amount of money out-of-pocket for a medical expense?

Romashka [77]

B. You have health insurance with a $500 deductible.

6 0

4 years ago

Private property ownership and some government regulation of the economy are basic characteristics of which economic system?

spin [16.1K]

Answer: Mixed economy

Explanation:

A mixed economy is an economy that allows private enterprise to run their various business alongside government bodies.A mixed economy comprises of capitalism and socialism. They give room to private enterprise operations, with freedom in the use of capital although government still has some regulations over them for social benefits. The private enterprise are allowed to own even larger industries such as manufacturing but they are still regulated by government policy.

6 0

3 years ago