Answer:
$150,000
Explanation:
The computation of value of ending inventory under absorption costing is shown below:-
Total Cost per unit = Direct Material per unit + Direct Labor per unit + Variable Overhead per unit + Fixed Overhead per unit
= $5 + $4 + $3 + ( $200,000 ÷ 25,000 units)
= $5 + $4 + $3 + $8
= $20
Ending Inventory in units = Units produced - Units sold
= 25,000 - 17,500
= 7,500
Cost of Ending Inventory = Total Cost per unit × Ending Inventory units
= $20 × 7,500
= $150,000
So, for computing the cost of ending inventory we simply multiply the total cost per unit with ending inventory units.
Answer:
with a life expectancy of 20 years the annuity will yield: 0.21% per month
Explanation:
We will calcualte the monthly interest rate of an annuity of 375 for 20 years which PV is 71,000
C 375
time 240 (20 years x 12 months a year)
PV $71,000.00
<u>We can solve for rate using excel goal seek:</u>
we write any number value on cell A1
then on any other cell we write:
=PV(A1,240,375)
then we will use goal seek and define:
this cell, with the value of 71,000 changing A1
rate = 0.002053645 = 0.21% per month
Answer:
Full employment
Explanation:
Full employment is used to describe an economic situation where all available labor resources are used efficiently. In full employment, the highest number possible of both skilled and unskilled workforce is employed.
Full employment is an ideal situation where everyone seeking employment will find a job. Under this condition, the rate of unemployment is zero. For an economy to achieve full employment, it must be producing at its full potential. Full employment is a hypothetical situation that is difficult to achieve practically. A business cycle that occurs naturally is among the reasons for not attaining full employment.
Answer:
D.) All of the above
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