Answer:
The PV of costs is ($25,192.61) and the equivalent annual annuity is ($7,947.53).
Explanation:
PV Formula = $20,000 + OC 1 / (1 + interest rate) ∧1 + OC 2 / (1 + interest rate)∧ 2 + OC 3 / (1 + interest rate)∧ 3 + OC 4 / (1 + interest rate)∧ 4
where:
PV = Present Value
OP = Opertaiing Cost
PV = $20,000 + 1500/1.1∧1 + 1600/1.1∧2 + 1700/1.1∧3+ 1800/1.1∧2+ 1800/1.1∧4
PV = $20,000 + 1,363.63 + 1,322.31 + 1,277.23 + 1,229.42
PV = $25,192.61
Equivalent Annual Annuity = r (NPV)/1-(1+r)∧-n
EAA = 0.1 X $25,192.61/0.31699
EAA = $7,947.53
Answer:
$34.73 per direct labor hour
Explanation:
Predetermined overhead rate
= Estimated manufacturing overhead / Estimated labor hour
= [$1,245,216 + ( 43,600 × $6.17 ) ] / 43,600
= [$1,245,216 + $269,012] / 43,600
= $1,514,228 / 43,600
= $34.73 per direct labor hour
Therefore, the predetermined overhead rate for the recently completed year was closest to $34.73 per direct labor hour.
The international community has sought to reduce the negative effects of price floors by banning the practice of dumping surplus productions.
<h3>What is a
price floors?</h3>
This refers to the lowest legal price that can be paid in a market for goods and services, labor, financial capital etc.
It is adopted to keeps a price from falling below a given level. It is also called a price supports because they support a price by preventing it from falling below a certain level.
A very good example of price floor is the minimum wage which is a minimum price for the service of labor and thus is a price floor.
In conclusion, in the international sphere, the international community has sought to reduce the negative effects of price floors by banning the practice of dumping surplus productions.
Read more about price floors
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Answer:
i think it is the 3rd one I'm not sure but I need help on one of mine and it would be really good if you can help me I will appreciateit
Answer: See explanation
Explanation:
a. This is a balanced budget. A balanced budget is when the government expenditure and the revenue generated are thesame. In this case, government expenditure (G) and revenue gotten from taxes (T) are both 2000.
b. The equilibrium value of Y will be:
Y = C + I + G
Y = 250 + 0.75(Y - 2000) + 750 + 2000
Y = 250 + 0.75Y - 1500 + 750 + 2000
Y - 0.75Y = 1500
0.25Y = 1500
Y = 1500/0.25
Y = 6,000
c. The value of the autonomous consumption (c0) will be:
c0 = 250
d. MPC = 0.75 ,
Note that MPS = 1 - MPC
= 1 - 0.75
= 0.25
e APC = C/YD
= 3250/4000
= 0.8125
APS = S/YD
= 750/4000
= 0.1875
f. Private Saving = 750
Public saving = 0
Then, the National Saving will be:
= Public savings - private savings
= 750 - 0
= 750