Answer:
The correct answer is B.
Explanation:
Giving the following information:
During April, direct labor cost totaled $15,000 and direct labor cost was 30% of prime cost. If total manufacturing costs during April were $79,000.
Manufacturing cost= direct material + direct labor + manufacturing overhead
Prime cost= direct material + direct labor
50,000= DM + 15,000
Direct material= 35,000
79,000= 35,000 + 15,000 + manufacturing overhead
manufacturing overhead= 29,000
Answer:
Explanation:
First, find the future value of the deposits at the end of 30 years. They are in the form of an Annuity Due, therefore, set your financial calculator to BGN mode;
Total duration; N = 30
One-time present cashflow; PV = 0
Interest rate per year; I/Y = 9.5%
Recurring payment ; PMT = -2,600
then CPT FV = 426,160.32
Next, find the recurring amount of withdrawal for the 25 years. Because this is an ordinary annuity(made at the end of every year), set your financial calculator back to "END" mode;
Total duration; N = 25
Present value; PV = - 426,160.32
Interest rate per year; I/Y = 3.5%
One-time future cashflow FV = 0
then CPT PMT = 25,856.87
Therefore annual annuity amount you will withdraw is $25,856.87
During decline, sales growth becomes negative, profits decline, competition remains high, and the product ultimately reaches its ‘death’.
it is during this phase that new technologies will replace old, and dying technology and start a new product life cycle.
Answer:
c. $44.44
Explanation:
For computing the maximum allowable deduction for amortization of organizational expenditures, first, we have to determine the per month deduction which is shown below:
= Organization expenditure incurred ÷ number of months
= $800 ÷ 180 months
= $4.44
Now for 10 months, it would be
= $4.44 × 10 months
= $44.44
The 10 months is calculated from March 1 to December 31. As we assume the books are closed on December 31
