Answer is true.
Managers who are classified in terms of their level in the organization are known by titles such as store manager, assistant manager or co-manager.
Managers who are classified by their area of specialization have titles such as the marketing manager, the accounting manager or the sales manager.
Answer: 12%
Explanation:
Stated interest rate is used in the calculation of the annual interest payment.
Interest payment = Face value of bonds * Stated interest rate
Annual Interest payment = Semi annual interest payment * 2
= 12,000 * 2
= $24,000
24,000 = 200,000 * Stated interest
Stated interest = 24,000 / 200,000
= 0.12
= 12%
Answer:
$51
Explanation:
Given that,
Total estimated overhead = $240,300
Estimated direct labor hours = 4,690
Actual manufacturing overhead = $243,000
Actual direct labor-hours = 4,640
Hence,
Predetermined overhead rate:
= Total budgeted overhead cost for the year ÷ Total budgeted direct labor hours
= $240,300 ÷ 4,690 estimated direct labor hours
= $51.2367
Therefore, the predetermined overhead rate for the year was closest to $51.
<span>$5648.85
The formula for compound interest is
A = P(1+r/n)^(nt)
where
A = Amount of money at end of period
P = Initial principle
r = Rate of interest
n = number of compound periods per yet
t = number of years.
So let's plug the numbers into the formula
A = P(1+r/n)^(nt)
A = 1680(1+0.0825/2)^(2 * 15)
A = 1680(1 + 0.04125)^30
A = 1680(1.04125)^30
A = 1680(3.362408)
A = $5648.85</span>
At the point of B.4 gallons, the marginal benefit of applying additional fertilizer is no longer greater than the marginal cost of the fertilizer. If more gallon of fertilizer added to the cotton field, the amount of cotton harvested will be the same. This condition showed in the graph called the peak of marginal utility.
