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I guess the closest answer is $31,060.
If you purchased a parcel of land for $10,000. If you expect a 12% annual rate of return on your investment. Therefore you can sell the land for in 10 years in $31,060.
36,899 macdonalds i think in america
Answer:
<u>The actual direct labor hours are 45,000.</u>
<u>The overhead rate for Year 2 is $1.74.</u>
Explanation:
Compute the actual direct labor hours:

<u>Therefore, the actual direct labor hours are 45,000.</u>
Compute the overhead rate for Year 2:

<u>Therefore, the overhead rate for Year 2 is $1.74.</u>
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Working note:
Calculate the overhead rate for Year 1:

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