Answer:
$488.89
Explanation:
Data provided in the question:
Interest rate = 6% = 0.06
Since the interest is compounded quarterly, n = 4
Interest rate per period = 0.06 ÷ 4 = 0.015
Time = 12 months i.e 1 year
Future value = $6,000
Therefore,
Annuity per quarter = Future value × ![[\frac{r}{(1+r)^n-1}]](https://tex.z-dn.net/?f=%5B%5Cfrac%7Br%7D%7B%281%2Br%29%5En-1%7D%5D)
or
Annuity per quarter = $6,000 × ![[\frac{0.015}{(1+0.015)^4-1}]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B0.015%7D%7B%281%2B0.015%29%5E4-1%7D%5D)
or
Annuity per quarter = $6,000 × 0.244
or
Annuity per quarter = $1466.67
Therefore,
Deposits per quarter = Annuity per quarter ÷ Number of months per quarter
= $1466.67 ÷ 3
= $488.89
Answer:
The correct answer is the first option: Always has a positive slope.
Explanation:
To begin with, the <em>marginal cost curve</em> of a firm is the graphical representation the relationship between the last unit produce and the cost of producing it. Therefore that this concept shows how much it cost to the company to produce one more unit of the product. Moreover, due to the fact that the relationship between the production and its costs are directly, the slope of the curve will be always positive, meaning that if the production increases then obviously the costs will increase but the cost per unit might decrease due to the volumen handle by the organization.
Answer:
$3.00
Explanation:
Calaculation of the approximate overhead cost per unit of Product A under activity-based costing:
The first step is to calculate for the Activity 1 allocated to Product A line which is :
$87,000 × 3,000/5,800
=$261,000,000/5,800
=$45,000
The second step is to calaculate for Activity 2 allocated to Product A line which is :
$62,000 × 4,500/10,000
$279,000,000/10,000
=$27,900
The third step is to calculate for Activity 3 allocated to Product A line which is :
$93,000 × 2,500/7,750
=$232,500,000/7,750
=$30,000
The total overhead allocated to Product A
$45,000+$30,000+$27,900
= $102,900
Overhead per unit of Product A: $102,900/Annual production of 34,300 units
= $3.00
Therefore the approximate overhead cost per unit of Product A under activity-based costing will be $3.00
Answer:
Government is necessary because it keeps order and people from doing whatever they want
Explanation:
Governments provide the parameters for everyday behavior for citizens, protect them from outside interference, and often provide for their well-being and happiness. In the last few centuries, some economists and thinkers have advocated government control over some aspects of the economy.
Answer:
B : assets.
Explanation:
As we know that
The debit side records the expenses, assets, and losses plus there is always a debit balance. If there is an increase in these above accounts than it also contains a debit balance
While the credit side records the revenues, gains, liabilities, and the stockholder equity. If there is an increase in these above accounts than it also contains a credit balance
