Answer:
c. $31,888
Explanation:
The formula for calculating the present value is as below
Pv = FV x { 1/ (1+ r)^n }
Pv = $40,000 x { 1/ (1 +0.12)^2
Pv =$40,000 x (1/1.2544)
Pv =$40,000 x 0.7971938
Pv =$31,887.50
Answer:
E. Core; flexible
Explanation:
Georgia Crane is allowed to create her own work hours on a limited basis. She must be a work from 9 a.m. to 11 a.m. and 1 p.m. to 3 p.m. every day which represents CORE time, and we can choose which hours she will work between 8 a.m. and 6 p.m. around the required hours, which represents FLEXIBLE time. The total required time is eight hours per day.
Georgia Crane is required to work 8 hours in a day.
The core time is the time which is important for Georgia Crane to be at work every day, that is, from 9am to 11am( 2hours) and 1pm to 3pm(2 hours).
That is a total of 4hours.
She can choose between 8am to 6pm as flexible time.
Recall that she needs a total of 4hours more to complete her time for the day.
So 9am to 11am is fixed, 1pm to 3pm is also fixed.
Her total flexible hours for the day 8am to 9am( 1hour), or 11am to 1pm(2hours), or 3pm to 6pm(3hours).
Total flexible hours is 1+2+3=6hours
She is required to choose 4hours from the total flexible 6hours that is most convenient for her to work.
The answer is D:both A and B
Answer:
Explanation:
a) actual cost method:-
=deductions × percentage
= 345 + 205 + 85% (2800 + 275 + 180 + 1890 +3600 +4125 )
=550 + 10939.5
=11489.5 = 11490
Note :- fines are not taken.
b) automatic mileage method:-
=total number of business miles × standard rate
=32200×0.58 +345+205
=19226
Answer:
4,000 units
Explanation:
Given that
Sales volume = 60,000 units
Budgeted production = 54,000 units
Beginning finished goods = 10,000 units
The computation of units for ending finished goods inventory is computed below:-
Budgeted production = Ending finished goods + Sales volume - Beginning finished goods
54,000 = Ending finished goods + 60,000 - 10,000
54,000 = Ending finished goods + 50,000
= 4,000 units
