Answer:
The amount of overhead Lowden Company should record in the current period is $124,740
Explanation:
Overhead application = 162%
Material cots = $77,000
Labor cost = $63,000
As allocated overhead based on direct material cost
Current period Overhead = $77,000 x 162%
Current period Overhead = $77,000 x 1.62
Current period Overhead = $124,740
So, the amount of overhead Lowden Company should record in the current period is $124,740
Answer:
C. interest rate advertised by lenders
Explanation:
APY stands for Annual percentage yield. It is the rate at which deposits earn interest in a checking or savings account. In other words, APY represents the amount of interest a deposit earns for one year when in a bank account.
The APY is a standardized presentation of interest to be earned. It incorporates all considerations, such as the compounding effect. APR makes it possible to compare expected returns from various financial instruments or institutions.
Answer:
$96,914
Explanation:
360‑day borrowing rate in Swiss as given is 5%
rate = 100 + 5 = 105%
Total = 200,000/105% = SF190,476
The spot rate of the Swiss franc is $.48
Therefore SF190,476 = SF190,476 × $.48 = $91,428
360‑day deposit rate in US as given 6%
Total Invest = 6 % of $91,428 + $91,428
= $5485.68 + $91,428 = $96,914
Answer: Income = 8p - 500
Explanation:
The revenue they will make is the quanitity which p multiplied by the price they will sell the pumpkins for which is $8.
The income will then be Revenue - expenses which is the $500 fee.
The expression therefore is;
Income = 8p - 500
