Answer:
The correct answer is "$44,013.89".
Explanation:
Given:
Investment per year,
= $5,700
Required return,
= 5%
As we know,
⇒ 
Or,
⇒ ![Annuity \ factor=\frac{1-[\frac{1}{(1+k)}]^n }{k}](https://tex.z-dn.net/?f=Annuity%20%5C%20factor%3D%5Cfrac%7B1-%5B%5Cfrac%7B1%7D%7B%281%2Bk%29%7D%5D%5En%20%7D%7Bk%7D)
then,
The present value of 10 annual payment will be:
= ![5700\times \frac{1-[\frac{1}{(1+.05)}]^{10} }{.05}](https://tex.z-dn.net/?f=5700%5Ctimes%20%5Cfrac%7B1-%5B%5Cfrac%7B1%7D%7B%281%2B.05%29%7D%5D%5E%7B10%7D%20%7D%7B.05%7D)
= 
($)
Answer:
D. $934,500.
Explanation:
FIFO Method:
170 x $870 = 147,900
270 x $970 = 261,900
370 x $1,070 = 395,900
115 x $1,120 = 128,800
Hence, Total Cost of Goods Sold for 925 Laptop Computers will be $934,500.
Answer:
Option (b) is correct.
Explanation:
Given that,
Beginning work in process inventory balance = $32,000
Direct materials was placed into production = $54,500
Direct labor = $63,400
Actual manufacturing overhead = $86,500
Jobs costing completed during the year = $225,000
Ending work in process inventory balance:
= Beginning work in process inventory balance + Direct materials was placed into production + Direct labor + Actual manufacturing overhead - Jobs costing completed during the year
= $32,000 + $54,500 + $63,400 + $86,500 - $225,000
= $11,400
Answer:
Whoever reads the chapter of the book the fastest is crowned the chapter king. It can be very competitive, and the competitors have to be very good readers.
