Answer:
89.66 years
Explanation:
In this question, we use the NPER formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $1,500
Future value = $4,000
Rate of interest = 1.1%
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the answer would be 89.66 years
Answer:
The company's plantwide overhead rate on a per machine hour basis is $5 per hour.
Explanation:
Acording to the data, we have the following:
Direct Labour Cost=$200,000
Direct Labour Hours= 16,000
Total Overhead Cost= $25,000
Machine Hours= 5,000
Therefore, to calcuate the company's plantwide overhead rate on a per machine hour basis, we use the following formula:
Company's plantwide overhead rate= Total Overhead/ Machine hours
= $ 25,000 / 5000 hours
=$5 per hour
Place the insertion pointer in your document where you want the pasted text to appear.
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Position the mouse pointer at an item in the task pane.
Answer:
special assessment
Explanation:
Special assessments are taxes levied on real estate to fund public improvements to the property that will benefit that property.
It is also called improvement taxes.
Answer:
Option 2, laying off some workforce will have the lowest initial cost.
Explanation:
In option 1 if an organization is going to replace existing equipment with the new machines there is a definitely high cost involved in it because we do know that modern and newer machines costs more.
In option 3, if we go for lower-grade quality, we may face lost sales, or sales return which will add up to our cost.
However, if we go for option 2. there is no upfront cost involved in this decision but rather our cost is saved.
Thus the organization must opt for the 2nd option in order to find the lowest initial cost.
