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snow_lady [41]
3 years ago
15

McBride’s Dairy has 200 gallons of cream and 600 gallons of skimmed milk and has incurred $1,000 of joint costs at the split-off

point. It also incorporates a processing time weight factor of 1 for the cream and 3 for the skimmed milk. The amount of this cost that will be allocated to skimmed milk using the weighted average method is
a. $1,000
b. $900
c. $100
d. $750
Business
1 answer:
PtichkaEL [24]3 years ago
8 0
Uhh I think C idk really
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Freya plans to invest $3,200 a year for 25 years starting at the end of this year. How much will this investment be worth at the
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Answer:

$240,885.11

Explanation:

The formula to be used is = annual payment x annuity factor

Annuity factor = {[(1+r) ^N ] - 1} / r

R = interest rate = 8.2 percent

N = number of years = 25

[(1.082^25) - 1 ] / 0.082 = 75.276598

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I hope my answer helps you

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2 years ago
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3 years ago
You want to retire exactly 35 years from today with $2,020,000 in your retirement account. If you think you can earn an interest
kompoz [17]

Answer:

Monthly deposit= $485.93

Explanation:

Giving the following information:

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interest rate= 10.35 percent compounded monthly

First, we need to calculate the monthly interest rate.

Monthly interest rate= 0.1035/12= 0.008625

Now, using the following formula we can calculate the monthly deposit:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

n= 35*12= 420

A= (2,020,000*0.008625) / [(1.008625^420)-1]

A= $485.93

4 0
3 years ago
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vodomira [7]

Answer:

real GDP.

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Real GDP considers market prices of commodities in relation to a base year.

For example if 2012 is considered to be the base year for real GDP this year, all goods and services are multiplied by the prices as at 2012 to get the monetary value of goods and services for the present year.

Base year prices are referred to as constant prices when calculating real GDP.

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Smith Company’s adjusted trial balance on August 31, 2013, its fiscal year-end, follows.
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