Answer: C - direct labor and manufacturing overhead.
Explanation: Conversion costs are costs incurred in bringing raw materials to finished products. Its a cost that includes direct labour and manufacturing overheads because they both relate directly to the conversion of the raw materials to finished products.
Answer:
Cost Variance (CV) for the project is negative $77.5
Explanation:
The total amount budget for all 3 activities = Activity A worth $200 + Activity B worth $75 + Activity C worth $200 = $475
The total value completed = activities cost x % complete = $200*100% + $75*90% + $200*75% = $417.5
The actual cost till now = $200 + $120 + $175 = $495
The cost variance = The total value completed - The actual cost till now = $417.5 - $495 = ($77.5)
Answer:
had a wide application into field of science and technology.
Answer:
Explanation:
Given:
- r = 9% /12 = 0.09/12 compounded monthly
we need to find the payment per month:
= 
= 
= $ 699,59
Hence, after 20th payment, she already paid:
$699,59 * 20 = $13,991.8
After we find out the Future value:
FV = PV 
=$22,000(
= $28,790.20
At the end, the total amount she must pay at that time is:
FV - The amount she has already paid
= $28,790.20 - $13,991.8
=$14,794.4
Hope it will find you well.
Answer:
restitution.
Explanation:
In contract law, restitution refers to a party forfeiting monetary gains that they obtained illegally from the other party involved in the contract. Restitution is very commonly used in contract law since it is meant to restore an injured party due to damages suffered from another parties unlawful performance. Ideally, when restitution is applied, the injured party should return to their original position.
In this case, Excavate n' Fill must return the $10,000 that Fred gave them as advanced payment. The restitution of the $10,000 should restore Fred's original position.
