<span>If you're likely to be dipping into some of that
money to fix the house, take a vacation, or buy holiday presents, don't
put too much into a long-term CD. Like savings, checking, and money market accounts, CDs are FDIC insured for up to $100,000
hope this helped XD ;)
</span>
Answer:
$34,116
Explanation:
To determine how much Pete would should save, we have to determine the present value of $13,000
Present value is the sum of discounted cash flows
present value can be calculated with a financial calculator
Cash flow each year from year 1 to 3 = $13,000
I = 7%
Present value = $34,116
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
predetermined overhead allocation rate is 12 per direct labor hour
Explanation:
given data
indirect costs = $102000
labor time = 8500 hours
cost of labor = $60 per hour
to find out
predetermined overhead allocation rate
solution
we find here predetermined overhead allocation rate by given formula that is
predetermined overhead allocation rate = indirect costs / labor time .............1
put here value in equation 1 to get rate
predetermined overhead allocation rate = indirect costs / labor time
predetermined overhead allocation rate = 102000 / 8500
predetermined overhead allocation rate = 12
so predetermined overhead allocation rate is 12 per direct labor hour
The correct answer is Tariffs, Increase.
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