Answer:
$32,000
Explanation:
Direct materials, $10,000
Direct labor, $11,000
applied overhead, $11,000
Total of: $32,000
Answer:
It's a consumer surplus of $28.
Explanation:
Consumer surplus is the difference between the price costumers pay in the market and the price they place on the product.
In other words, the difference between a market price product and the price you think it is.
The problem wants to find out the cash flow per period that
Robert will make from his 40th birthday until his 65th
birthday. We know that he wants to get $500,000 by his 65th birthday
thus this is the future value of his money. To solve for the cash flow per
period, the equation is Future value = Annuity * [((1+i)^n-1)/i]. The n is the
number of payments Robert would make which is 25. The answer would be $3749.98.
Some of the things which a person can do to adjust his spendings on a budget are:
- Reduce spending habits
- Make more money to finance the new purchases.
<h3>What is a Budget?</h3>
This refers to a financial plan where a person has made different allocations as to where certain monies would go to to avoid impulse spending.
With this in mind, we can see that if a person is spending too much, in a particular category, then he would have to either reduce spending or make more money.
Read more about budgeting here:
brainly.com/question/24940564
