Answer:
$1023.98
Explanation:
Using the standard notation equation for annual payment and for arithmetic gradient to calculate the present worth of a unit's costs; we have the following corresponding expression.
P = A (P/A, i, n) & P = G (P/G, i, n)
where;
A = annual payment
G = arithmetic gradient
n = number of years
i = annual interest rate
From the question;
the payment period = compounding period
∴ quaterly interest rate = 3%
The present worth value of the unit's cost is therefore shown as
P = 90 (P/A, 3%, 12) + 2.5(P/G, 3%, 12)
P = 90(9.954) + 2.5(51.2481)
P = $1023.98
∴ The present worth value of the unit's cost = $1023.98
Answer:
$8 per direct labor hours and $2 per direct labor hours
Explanation:
The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate = Budgeted fixed manufacturing overhead ÷ planned activity level
= $480,000 ÷ 60,000 direct labor hours
= $8 per direct labor hours
And, the budgeted variable manufacturing overhead is $2 per direct labor hours
We simply divide the budgeted fixed manufacturing overhead by the planned activity level
Answer:
the cash and cash equivalents is $15,800
Explanation:
The computation of the cash and cash equivalents is given below:
= Cash deposit + U.S. Treasury bill due in 1 month + currency and coins
= $7,000 + $7,000 + $1,800
= $15,800
hence, the cash and cash equivalents is $15,800
The same is to be considered and relevant
The professor has constructed a hypothesis. This answer
takes from the first statement mentioning how the professor predicts a
relationship between two variables. A hypothesis can be used to make a
statement that predicts a relationship or solve a certain phenomenon. It must
be based off by facts and solid information.
Answer:
At the end of the sixth year, you will have:
= $8,487.17.
Explanation:
a) Data and Calculations:
Annual savings = $1,000
Interest rate per year = 10%
Period of savings = 6 years
First deposit = today
From an online financial calculator:
N (# of periods) 6
I/Y (Interest per year) 10
PV (Present Value) 0
PMT (Periodic Payment) 1000
Results
FV = $8,487.17
Sum of all periodic payments $6,000.00
Total Interest $2,487.17
