Difference between the purchase price of the home and its current market price
Answer:
Predetermined manufacturing overhead rate= $14.65 per direct labor hour
Explanation:
Giving the following information:
Estimated direct labor hours= 40,000
Estimated fixed overhead= $466,000
Estimated variable overhead rate= $3.00 per direct labor-hour.
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (466,000/40,000) + 3
Predetermined manufacturing overhead rate= $14.65 per direct labor hour
Answer:
1350
Explanation:
(300 x 0.70) + (300 x 0.80) + (300 x 26)
= 210+240+7800
=8250
8250- (300 x 23)
8250-6900 = $1350
Therefore his total return for this investment is 1350
Answer:
N = 5 years
Explanation:
At first we have to calculate the number of periods to determine at which part of the table we should look at.
Given,
PV = $20,000
FV = $32,000
Interest rate, i = 0.10 (10%)
Number of periods, n = ?
We know, Future value, FV = PV × 
or, $32,000 = $20,000 × 
or, 1.6 = 
As the factor is 1.6, we will look at the following image which is the FV factor table to find the number of periods.
We can find it in a different way too.
log 1.6 = n log 1.10
or, n = 
or, n = 4.93 years
Therefore, n = 5 years
Answer:
The correct answer is letter "B": Cultural similarities.
Explanation:
Cultural similarities refer to customs and special terms that for one region or country are widely accepted but not for others. Those actions or phrases could be exactly the same but carry a different or even negative meaning in different places. This is not limited to actions and terms used in day-to-day activities but also under formal circumstances.
