Answer:
The retirement fund will last for 33 years and 7 months
Explanation:
We need to solve for time in an ordinary annuity
C $15,000.00
rate 0.004 (4.8% divide by 12 month)
PV $3,000,000
time n
we clear for n as much as we can and solve

now we use logarithmic properties to solve for n:
-403.16
this will be a value in months so we divide by 12 to get it annually
403/12 = 33,5833
we convert the residual to months:
0.5833 x 12 = 6.996 = 7 months
Answer:allows ads to be placed quickly
Explanation:
Radio advert might seems like not really in use but when adverts are placed it always hit targeted customers and mainly the adverts are placed immediately without delay once the necessary process has been completed.
Answer:
C. War
Explanation:
War is the only "man-made" option
Answer:
d) $57,500
Explanation:
For computation of gross margin under absorption costing first we need to find out the unit product cost under absorption costing which is shown below:-
Unit product cost under absorption costing = Direct materials + Direct labor + Variable manufacturing overhead + (Fixed manufacturing overhead ÷ Units produced)
= $32 + $45 + $2 + ($43,500 ÷ 2,900)
= $32 + $45 + $2 + $15
= $94 per unit
Gross margin = Units sold × (
Selling price - Unit product cost under absorption costing)
= 2,500 × ($117 - $94)
= $57,500
Answer:
correct option is a. $5,935
Explanation:
given data
Direct materials = $3,193
Direct labor hours = 21
Direct labor wage rate = $12
Machine hours = 166
overhead rate = $15
solution
we get Direct labor that is
Direct labor = 21 × $12
Direct labor = 252
and
manufacturing overhead is
manufacturing overhead = 166 × $15
manufacturing overhead = 2490
so here total cost will be
total cost = Direct materials + Direct labor + manufacturing overhead ............1
Total cost = $3,193 + $252 + $2490
Total cost = $5935
so correct option is a. $5,935