The incremental costs that can be deduced include the cost for materials, overhead, and labor that are associated with the actual closing process.
Incremental cost simply means the total cost that's incurred as a result of an additional unit of product that is being produced.
It's simply calculated by analyzing the additional expenses that were spent by the company. They are the cost for materials, overhead, and labor that are associated with the actual closing process.
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Answer: $8,391.90
Explanation:
So the company borrowed $40,000 from a bank.
They are to pay 7% interest on the note per year for 6 years.
We are to find the annual payments.
7% represents a constant payment schedule per year so we can use an Annuity formula.
Seeing as the Annuity factor has been calculated for us already we don't need to formula though.
The present value of an annuity factor for 6 years at 7% is 4.7665.
Calculating the present value of the annual payment can be done as follows,
= Amount / PVIFA (Present Value Interest Factor for an Annuity)
= 40,000/4.7665
= 8391.90181475
= $8,391.90
The annual payments equal $8,391.90.
The United States should increase the domestic manufacturing to promote prosperity.
<h3>
What is manufacturing?</h3>
Manufacturing is the creation or manufacturing of items with the aid of resources such as machinery, labor, tools, and chemical or biological processing or formulation. It is the very foundation of the economy's secondary sector. The phrase can be used to characterize a range of human undertakings, from handicraft to high-tech, but it is most usually used in relation to industrial design, which entails the extensive transition of raw materials from the primary industry into finished goods. Such products may be delivered via the tertiary industry to end users and consumers, sold to other manufacturers for the creation of other, more sophisticated products (such as aircraft, home appliances, furniture, and sports equipment), or both (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers).
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Explanation:
In any single year, federal government takes in money and spends money, any year in which the government spends more than it takes out it runs a deficit.
Answer:
Authorizing the team to make decisions traditionally made by managers.
Explanation:
That gives them a sense of leadership and knowing that certain ideas and contributions they make will eventually be valid. It fuels their energy to do more and that helps the company grow which is what the management looks out for.
