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3 years ago

What is the present value (PV) of $50,000 received eighteen years from now, assuming the interest rate is 4% per year

Business

1 answer:

LuckyWell [14K]3 years ago

8 0

Answer:

$24,681.41

Explanation:

In this question, we use the present value formula which is shown in the spreadsheet.

The NPER reflected the time period.

Provided that,

Future value = $50,000

Rate of interest = 4%

NPER = 18 years

The formula is presented below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $24,681.41

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The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3

Citrus2011 [14]

Answer:

(A) 18,400 units

(B) 12,940 units

Explanation:

The computation of the equivalent units of production for

(A) Material = Units transferred out + Ending work in process

= 9,300 units + 9,100 units

= 18,400 units

(B) Conversion = Units transferred out + (Ending work in process × conversion percentage)

= 9,300 units + 9,100 units × 40%

= 9,300 units + 3,640 units

= 12,940 units

7 0

2 years ago

A market has four individuals, each considering buying a grill. Assume that grills come in only one size and model. Martina cons

artcher [175]

Answer:

Martina

Javier :

Kama

Explanation:

The people that would participate in the market are those whose willingness to pay is higher than the market price for the grill.

The willingness to pay is the highest amount a person would be willing to pay for a good

Martina : $400 > $300 would participate

Javier : $350 > $300 would participate

Kama : $320 > $300 would participate

Lina : $200 < $300 would not participate

5 0

3 years ago

When a firm gets so large that coordination and management of workers and other inputs becomes costly and difficult, it is exper

elena55 [62]

Answer:

The correct answer is the option A: Diseconomies of scales.

Explanation:

To begin with, the concept known as ''diseconomies of scales'', in the field of economics and management, refers to the situation where an organization finds itself in problems due to the fact that a large production is being produced by them and the coordination and management of that large production is beginning to cause trouble and that impacts in the fact that the company will produce good or services with an increase in the cost per unit of the products.

7 0

2 years ago

A company's relevant range of production is 10,000 to 15,000 units. When it produces and sells 12,000 units, its unit costs are

DENIUS [597]

Answer:

Total indirect manufacturing cost= $75,450

Explanation:

Giving the following information:

12,000 units:

Variable manufacturing overhead $ 1.50

Fixed manufacturing overhead $ 5.00

First, we need to calculate the total fixed manufacturing overhead:

Total fixed overhead= 5*12,000= $60,000

Now, for 10,300 units:

Total indirect manufacturing cost= 60,000 + 10,300*1.5

Total indirect manufacturing cost= $75,450

7 0

3 years ago

Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to all

shusha [124]

Answer:

The predetermined overhead rate for each activity.

Activities: Initial concept formation $42,200;

Cost Drivers: Number of project changes

Expected Use of Cost Driver/Activity = 15

Predetermined overhead rate for activity = Overhead/Cost Driver= 42,200/ 15= $2813

Activities: Design $556,000;

Cost Drivers :Square feet

Expected Use of Cost Driver/Activity = 38,000

Predetermined overhead rate for activity =Overhead/Cost Driver= 556,000/ 38,000 =$ 14.63

Activities: Construction oversight $124,200.

Cost Drivers: Number of months

Expected Use of Cost Driver/Activity= 105

Predetermined overhead rate for activity = Overhead/Cost Driver= 124,220/ 105 = 1183.04

5 0

3 years ago