Answer:
1,081,000
Explanation:
Here we will use the formula
Material Purchase = Beginning raw material - (Ending raw material + raw material used)
by applying this formula we can calculate Material purchased.
= 547,000 - (610,000+1,018,000)
= 1,081,000
the answer is b im not too sure tho
Answer:
$6,900
Explanation:
When you use the incremental cost allocation method, you must rank cost activities and how they will be allocated. In this case, department 2 is the primary user, and therefore, rental costs must be allocated first to them. Rental costs will be allocated at a $25/hour rate.
Since department 1 is the next user, 100 hours will be allocated using the same rate as department 2, but the next 200 hours will be allocated at the lower $22/hour rate. Total rental cost allocation to department 1 = (100 x $25) + (200 x $22) = $2,500 + $4,400 = $6,900
Answer:
I have to invest $11364.
Explanation:
The formula of Compound Interest is:

where A = Amount
P = Principle
r = rate
n = Number of Compounding per year
t = total number of year
Here, A = 15000, r = 5.75% = 0.0575, n = 4(quarterly), and t = 5.
Putting all these values in above formula:

⇒ 
⇒ 
⇒ 
⇒ P = 11364
Hence, I have to invest $11364 for 5 years.