The amount of money that Lori should invest today is $13,506.72.
<h3>How much should Lori invest today?
</h3>
In order to determine the amount of money that Lori should invest today, the present value of $25,000 has to be determined. Present value is the sum of discounted cash flows.
Present value = $25,000 / (1.08^8) = $13,506.72
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Answer:
Cost difference= $64,808 cost decrease
Explanation:
Giving the following information:
Purchasing price= $13
Make in-house:
Variable cost per unit= $11
Fixed cost per unit= $9
Production in units= 32,404
<u>To determine whether it is more convenient to make the part in-house or buy it, we need to take into account only the variable cost per unit. We leave out of the decision the fixed costs because they remain constant in both options.</u>
Buy= 32,404*13= $421,252
Make= 32,404*11= $356,444
Cost difference= $64,808 decrease
Of all the items relating to collaboration, Independent practice is the odd one out as it is not one of the methods of collaboration.
See the explanation bellow
<h3>What is collaboration?</h3>
In simple terms, collaboration is a way of working with one or more persons on a project or a task, in essence, it reflects team work and team spirit encourages efficiency and good work output.
When a team consists of team members who collaborate effectively, one member can cover up for the shortcoming or the other.
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Answer:
It is called a "House Location" Survey, which is also sometimes called a "drive-by" survey, and its goal is to show the location of the house and other large structures on the property, as well as the orientation of those structures in relation to each other.
Answer:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Explanation:
If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
<u>For example:</u>
Total estimated overhead= $150,000
Allocation base= direct labor hours
Estimated Total number of direct labor hours= 10,000
Predetermined manufacturing overhead rate= 150,000/10,000
Predetermined manufacturing overhead rate= $15 per direct labor hour
