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Answer:
The correct answer is $47,596.2.
Explanation:
According to the scenario, the given data are as follows:
Total amount (P)= $46,000
Rate of interest = 5.2%
Time period = 8 months
So, rate of interest for 8 months (r) = 5.2% × 8 ÷ 12 = 3.47%
Time period (t)= 1
So, we can calculate the Joe loan repayment value by using following formula:
Loan repayment value = P × ( 1 + r)^t
= $46,000 × ( 1 + 3.47%)^1
= $46,000 × ( 1.0347)^1
= $47,596.2
Answer:
The activity rate for the machine setup cost pool is $160.00
Explanation:
The activity rate for machine setup cost pool is computed as :
machine setup costs/number of setups
Machine set up costs is $41600
Number of setups is 260 setups
Activity rate for machine setup=$41600/260
=$160.00
The activity rate for machine setup is $160 per setup
Activity rate shows how much per activity is allocated to product under activity based.
Determining activity rate is the of one steps to be taken in Activity Based Costing and Activity Based Management
The other steps include:
Identification of activity incurring costs
Assigning costs to activity
Assignment of costs to cost objects and so on.
Answer:
C bc process of elimination
Explanation:
Answer:
Transactions included in the calculation of U.S. GDP:
Transaction C I G X M
1. X
2. M
3. I
4. C
5. G
Explanation:
a) GDP constituents:
Consumption (C) = private consumption expenditures by US households and non-profit-making organizations.
Investment (I) = business expenditures by profit-making organizations for purchase of capital goods or input for further processing.
Government purchases (G) = government spendings for public goods.
Exports (X) = Goods and services moved from the US to other countries.
Imports (M) = Goods and services from other countries into the US.