Answer:
it takes 15 years 10 months to reach your goal.
Explanation:
The Fixed deposits are in the form of an ordinary annuity.
The Future Value of this Ordinary Annuity must be $207,819.47 ($250,000 - $42,180.53)
Thus find number of years that the fixed deposits would amount to $207,819.47.
Using a Financial Calculator enter the following data to calculate the period, N.
PMT = $5,000
P/yr = 1
r = 12 %
FV = $207,819.47
N = ?
Thus the number of years, N it takes to to reach your goal is 15.7921 or 15 years 10 months.
Dora's company is entering into the Product Expansion of the marketing strategy.
This product expansion could be the introduction of new product in an existing market or the introduction of existing product in the new market.
So because Dora's company is going to introduce beverages in the same market, they are doing the product expansion.
They are currently selling chocolates and now they want to manufacture beverages as well. It means they are expanding their product line in the same market. This strategy is the Product Expansion strategy of marketing.
Answer: The total manufacturing cost variance is made up of direct material cost variance, direct labor cost variance and factory overhead cost variance. (Option C).
Explanation:
Some of the goals of manufacturing companies are to increase company’s revenue and profit. To achieve this, a company needs to know how to manage its costs and these may cause variances in manufacturing.
The total manufacturing cost variance is made up of direct material cost variance, direct labor cost variance and factory overhead cost variance. These costs are the differences between the actual cost incurred and the set cost. These variances help managers to know if the company is meeting up to the required standard.
Answer:
b
Explanation:
because you want the employer to know that you learned from your last job