Answer:
a.$6,705
Explanation:
The total cost is the sum of the three cost component, Direct materials, direct labours, and factory overhead.
Direct Labor Cost: 71 hours x $15 per hour = $ 1,065
Manufacturing Overhead: 175 machine hours x $14 per hour = $ 2,450
Direct Materials $ 3,190
Total cost: 1,065 + 2,450 + 3,190 = 6,705
Answer:
= - $1050
Explanation:
Current Account:
Balance of Trade negative -$600
Balance of Services = +$50
Net Income on Investments negative −$400
Net Transfers -$100
current account (-$600+$50−$400-$100) - $1050
Exports of Goods +$9,900
Imports of Goods - $10,500
Exports of Services +$350
Imports of Services -$300
Income Received on Investments +3,300
If you invest $500 at 10 percent interest per annum. at the end of 2 years with simple interest you will have <u>$600</u> and with compound interest you will have <u>$605.</u>
<h3>
Simple interest and compound interest</h3>
We would be making use of financial calculator to find the compound interest by inputting the below data:
Present value=PV = -500 (ouflow)
Number of years=N = 2
Interest=I/Y = 10
Face value=?
Hence:
CPT FV = 605
Compound Interest = $605
Simple interest:
Simple Interest = $500+[2 x ($500x0.10)]
Simple interest=$500+(2×$50)
Simple Interest =$500+100
Simple interest =$600
Therefore If you invest $500 at 10 percent interest per annum. at the end of 2 years with simple interest you will have <u>$600</u> and with compound interest you will have <u>$605.</u>
Learn more about Simple interest and compound interest here:brainly.com/question/20406888
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Answer:
$89,674,000
Explanation:
As it is mentioned that the inventory cost is already incurred in the last year so in this case the cost price would be zero and the same price should be equivalent to the closing value of the inventory i.e. carrying value of $89,674,000 and hence the same is to be considered
Therefore the last option is correct