Answer:
$21.44
Explanation:
Calculation for the cost per equivalent unit for materials for the month in the first processing department
First step
Units completed and transferred out $7,500
Ending inventory($800+$8,400-$7,500)*70% Ending inventory =1,700*70%
Ending inventory =$1,190
Equivalent units for Materials $8,690
($7,500+$1,190)
Total materials costs $186,300
Second step
Cost per equivalent unit for materials=Total materials costs÷ Equivalent units for Materials
Cost per Equivalent unit for Materials $186,300÷$8,690
Cost per Equivalent unit for Materials=$21.44
Therefore the cost per equivalent unit for materials for the month in the first processing department is closest to $21.44
Answer:
Ace will repay a total of $52.4 million to bank.
Explanation:
given data
Cost of building new facility = $44 million
Amount borrowed (P) = $40 million
Time period (n) = 4 years
Interest rate (r) = 7% or 0.07
solution
we get here amount to be repaid after 4 years that is express as
amount = P × 
......................1
put here value and we get
amount = $40 million × 
amount = $40 million × 1.31
amount = $52.4 million
so Ace will repay a total of $52.4 million to bank.
The answer is false because you can always pay more off
Answer:
lower investment and raise the interest rate.
Explanation:
Investment = savings
In this scenario, the marginal propensity to consume (MPC) is increasing which means that consumers will spend a larger proportion of their disposable income and save less. The marginal propensity to save (MPS) = 1 - MPC, so a higher MPC will result in a lower MPS. Lower savings = lower investment.
Since the savings level will decrease, businesses needed money to finance their activities (includes corporations, banks, small businesses, etc.) will need to pay a higher interest for the lower available savings. If the supply of a good or service decreases at all demand levels, the equilibrium price will increase.
Answer: d. To the dwelling and other structures and personal property.
Explanation: it is an insurance policy where the insured requests for replacement of his/her home,other structures and personal property as must have been agreed and spelt out in the agreement. This can be done by either valuation and paying for the actual monetary value of the damaged home, other structures and personal property or by actual replacement by the insurance company.
The damage/ loss can be as a result of natural disasters, accident,theft or fraud.
