Answer:
The ending Raw Materials Inventory balance for March is $34,600
Explanation:
Raw material inventory is the inventory of those material which will be used in the processing of the production of a product. It includes direct material and indirect material as well.
The ending raw material will be calculated as follow
Ending Raw Material = Beginning raw material + Purchases for the period - material used in the period
Ending Raw Material = $23,600 + $173,000 - ( $148,200 + $13,800 )
Ending Raw Material = $23,600 + $173,000 - $162,000
Ending Raw Material = $196,600 - $162,000
Ending Raw Material = $34,600
Answer:
$441,495
Explanation:
Since the information is incomplete, I looked for the missing part and found the attached information.
the current yield of a 1.5 years zero coupon bond = (100 / 89.9)¹/¹°⁵ - 1 = 0.0736 = 7.36%
the current yield of a 6 months zero coupon bond = (100 / 97.087)¹/⁰°⁵ - 1 = 0.0609 = 6.09%
now to calculate the future interest rate:
(1.0736²/1.0609) - 1 = 0.0865 = 8.65%
since we are told to determine the price of the bond:
(100/P)¹/¹°⁵ - 1 = 0.0865
(100/P)¹/¹°⁵ = 1.0865
100/P = 1.0865¹°⁵
100/P = 1.1325
100/1.1325 = P
P = 88.299
the expected price of the bond = 88.299% x $500,000 = $441,495
Rockefeller built the Standard Oil Company in which h<span>e bought up </span>oil<span> refineries, cut costs, and reinvested </span>his<span> profits in other refineries.</span>
Answer:
2. Government is necessary, because people do not always behave perfectly.
Explanation:
<em>Option 1</em> is wrong because if the government cannot control people, there is no use of making policy. It contradicts James Madison's quota.
<em>Options 3</em> and <em>4</em> are incorrect because the government is a necessary element.
Option 2 is correct, as the government is an essential element. Without government, people may become clueless and clumsy. To make peace in the nation, the government has to control its people.
Answer:
Fixed cost: Interest on company-issued bonds, Real estate taxes, Executive salaries, Insurance premiums, Wage payments, Depreciation and obsolescence charges, Sales taxes, Rental payments on leased office machinery
Variable cost: Fuel, Shipping charges, Payments for raw materials,
Explanation:
Fixed costs are costs that are not changed regardless of quantity of goods being produced such as rent for equipment, taxes, depreciation and so on.
Variable costs are costs that change with regard to the quantity of goods being produced such as cost of raw materials, cost of packaging and so on.
Example of fixed and variable costs are:
- Fixed cost: Interest on company-issued bonds, Real estate taxes, Executive salaries, Insurance premiums, Wage payments, Depreciation and obsolescence charges, Sales taxes, Rental payments on leased office machinery
- Variable cost: Fuel, Shipping charges, Payments for raw materials,
