Answer:
At 6% $3,529.412 will be invested
At 11% $6,470.588 will be invested
Explanation:
Let x be the investment for 6% stock
And (10,000-x) is the investment it 11% stock
Let I be interest earned on both investments.
Using the formula
Principal(p)= Interest(I)*Rate(r)*Time(t)
p/RT= I
So considering both investments
x/(6%*1)= (10,000-x)/(11%*1)
x/0.06= (10,000-x)/0.11
Cross-multiply
0.11x= 0.06(10,000-x)
0.11x= 600- 0.06x
Rearranging
0.11x+ 0.06x= 600
0.17x= 600
x= 600/0.17= 3,529.412 amount invested at 6%
Amount invested at 11%= 10,000-3,529.412
= 6,470.588
Transactional leadership
Transactional leadership is a
leadership style that deals with the function of supervision, organization, and
employee’s performance to achieve high job performance. Leaders who carryout this
style focuses on specific tasks and use rewards and punishments to motivate followers.
The most important factor in the
work process or industry is to retain the interest of the employee. And to
retain them, their salary or profit must be adjusted to the best value. Unless
the employee does not do his job properly, employees must receive bonuses or
benefits to ensure them to stay in the company. It will actually make them stay
longer, make them feel important and reduce costs for hiring new employees.
Answer:
$63,140
Explanation:
For computing the total amount of product cost first we have to find out the total product cost per unit which is shown below
Direct material cost per unit + Direct labor cost per unit + Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit.
= $6.70 + $3.40 + $1.50 + $3.80
= $15.40
Now the
Product cost is
= units produced × cost per unit
= 4,100 units × $15.40
= $63,140
We simply applied the above formulas
