Answer:
7.20 %
Explanation:
Debt to income ratio is a measure of an individual's monthly debt repayment ability. The ratio is used in assessing the individual capability of absorbing more debts.
It is calculated by the formula.
Debt to income ratio = Total of Monthly Debt Payments/Gross monthly income x 100.
Total monthly debt is the aggregate or all debts payable on a monthly basis.
Gross income is the income before any deductions.
For Derek, gross income =$5900
Monthly debts =monthly credit card of $425
DTI= $425/ $ 5900 X 100
=0.0720 X 100
=7.20 %
Answer:
The correct answer is C
Explanation:
Resource management plan is a kind of tool which is used by the project managers in order to manage the resources. Basically, a resource management plan is used to control the most vital resource of every project, which is the human resource.
The last and final step in the resource management plan is maintaining or keeping a resource inventory.
Answer:
Explanation:
For Navy contract, the total number of man hours put into production will be:
= 27 × 40 × 2
= 2160 man hours
Then, the units produced per labor hour will be:
= 2540 devices / 2160
= 1.176 units per labor hour.
For Army contracts, the total number of man hours put into production will be:
= 37 × 40 × 3
= 4440 man hours
Then, the units produced per labor hour will be:
= 5940/4440
= 1.338 units per labor hour.
Answer:
The answer is given below
Explanation:
<em>From the question given, we resolve the issue as follows:</em>
<em>Hotwax purchased $62,000 in raw materials</em>
<em>The mixing department requisitioned $50,000 of those materials for use in production.</em>
<em>We prepare a journal entries to record its purchase of raw materials and requisition of direct materials.</em>
<em>Raw materials Inventory = $62,000 </em>
<em> Cash = $62,000</em>
<em>Wip 50,000</em>
<em>Raw materials Inventory = $50,000</em>
The term that is being described above is EXPEDITING. From the term itself, expedite means to a process of making something happen sooner or immediately. When it comes to business, expediting is a term that refers to the management of purchases wherein the products are being delivered and arrived in a timely fashion while maintaining its quality.