Answer:
He should deposit $1,744.37 at the end of each month.
Explanation:
This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:
FV = M * (((1 + r)^n - 1) / r) ................................. (1)
Where,
FV = Future value or the of condominium = $240,000
M = Monthly payment = ?
r = monthly interest rate = 2.7% / 12 = 0.027 / 12 = 0.00225
n = number of months = 10 years * 12 months = 120
Substituting the values into equation (1) and solve for M, we have:
$240,000 = M * (((1 + 0.00225)^120 - 1) / 0.00225)
$240,000 = M * 137.585424499073
M = $240,000 / 137.585424499073
M = $1,744.37
Therefore, he should deposit $1,744.37 at the end of each month.
Answer:
d. Work in Process Inventory and Factory Overhead.
Explanation:
Direct labor is labor that is directly involved in the production process, for example a machine operator in a factory is supplying direct labor. So when recording direct labor we do so under work in process inventory as that is where the labour is applied.
Indirect labour is one that is not directly involved in the production process, for example office cleaners, building maintenance. Since their contribution is not directly impacting production, indirect labor is recorded under factory overhead.
The behavior of having to eat the entire box of cookies
before attending the weight watchers meeting is an example of having the
feeling of overwhelmed by obligations that the person would likely execute
conflict. It is seen above as because the person has the obligation of having
to have his or her weight to be monitored, he or she has felt the need or urge
of having to do some things that he or she wasn't able to do because of it,
that is why he or she has arise in the conflict of having to do something that
he or she wasn't supposed to do such as eating the box of cookies.
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The difference in operating income between processing the cat bowls further versus selling them off at the split-off point is -$1,920.
<h3>What is operating income?</h3>
Operating income is the adjusted revenue of a business after all operating costs and depreciation have been taken into account. The charges incurred to maintain the operation of the business are known as operating expenses.
Calculating the operational income difference:
After additional processing, sales income (1000*14) 14000
At the split-off point, sales revenue (1000 x 11) 11000
3000 in additional revenue
Cost Incremental -4920
Increased revenue (loss) -1920
Operating income (loss) difference = -1920
The ability of your company to make money from its operational activities is demonstrated by operating income. The operating income figure is frequently used by business owners to assess the operational success of their enterprise. Potential creditors and investors might be interested in your company's operating income.
To learn more about operating income refer to:
brainly.com/question/11110287
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