Answer:
7.44
Explanation:
The computation of the payback period is given below:
<u>Time Amount Cumulative
</u>
0 (297,771) (297,771)
1 40,000 (257,771)
2 40,000 (217,771)
3 40,000 (177,771)
4 40,000 (137,771)
5 40,000 (97,771)
6 40,000 (57,771)
7 40,000 (17,771)
8 40,000 22,229
9 40,000 62,229
Now the payback period is
=7 + (17,771 ÷ 40,000)
= 7.44
Answer:
bcoz God has given us everything
Explanation:
and we should have the habit to pray to god everyday. It's a good habit
Answer:
C)There is increased time and effort spent looking for trading partners.
D)There is a lack of standardization.
E)There is difficulty in accumulating wealth.
Explanation:
barter in a trade can be regarded as a system of exchange that involves exchange of goods and services for another without using money as a medium of exchange. Barter is been considered as 'inefficient' as a result of the needs for 'double coincidence of wants'. For instance in a situation whereby someone is buying particular amount of another's goods, but the payment he/she has is for just one indivisible unit of another good, and the worth is higher than what he/she want to obtain, in this case there won't be barter transaction.
It should be noted that the costs and sources of inefficiency in a barter are;
✓There is increased time and effort spent looking for trading partners.
✓There is a lack of standardization.
✓There is difficulty in accumulating
Answer:
Gross margin $22,346
Explanation:
The computation of the gross margin is shown below:
Sales $66,300
less:
Direct material $15,900
Direct labor $14,430
Overhead $13,624 ($16,244 ÷ 310× 260)
Gross margin $22,346
Hence, the gross margin is $22,346
Answer:
Total product A Sales = $132000
Total Product B Sales = $182000
Total Sales of Both Products = $314000
Explanation:
The Product A sales calculated using the formula = Budgeted Units Sold x Sales price Per Unit of Product A
Total Product A Sales = 12000 x $11 = $132000
The Product B sales calculated using the formula = Budgeted Units Sold x Sales price Per Unit of Product B
Total Product A Sales = 14000 x $13 = $182000
Total sales of Both product = Total Product A Sales + Total Product B Sales
Total Sales of Both Product = $132000 + $182000 = $314000
The budgeted sales for the Modesto Corp. is $314000
