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Scilla [17]
4 years ago
5

EA14.

Business
1 answer:
cricket20 [7]4 years ago
3 0

Answer:

$1.86; $3.5

Explanation:

Total cost incurred:

= Cost received from departments + Addition of cost within its departments

= $10,000 + $27,200

= $37,200

Unit cost for materials:

= Total cost incurred ÷ equivalent units

= $37,200 ÷ 20,000

= $1.86

Total cost incurred:

= Cost received from departments + Addition of cost within its departments

= $10,000 + $53,000

= $63,000

Unit cost for Conversion:

= Total cost incurred ÷ equivalent units

= $63,000 ÷ 18,000

= $3.5

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B. When the subject matter is objective and informative

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3 years ago
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Rock bottom purchases its inventory on trade credit with terms of 2/10 net 45. If the firm waits the full 45 days to pay for the
Lera25 [3.4K]

Answer:

The effective annual rate of interest is 23.45%

Explanation:

Effective annual rate of interest=(1+annual interest)^365/t-1

Annual interest =discount rate/100%-discount rate

discount rate here is 2%

annual interest=2/100-2

                         =2.04%

T is the difference between the discount period of 10 days and credit period of 45 days

45-10=35 days

Effective annual rate of interest=(1+2.04%)^(365/35)-1

                                                      =(1.0204^10.42857143) -1

                                                      = 1.2345  -1

                                                       =0.2345

                                                        =23.45%

8 0
3 years ago
All of the following are true about why it is important to complete the Free Application for Federal Student Aid (FAFSA) process
nevsk [136]

Answer:

It allows you to be eligible for early admission

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In the Financing Higher Education module, Everfi explains what FAFSA is by stating, "In order to qualify for federal student aid and a lot of other scholarships and grants, you need to fill out the Free Application for Federal Student Aid (FAFSA)". Based on this, you know FAFSA is important because it helps you be eligible for scholarships, grants, and financial aid, but it never says anything about early admission, therefore, making C the answer.

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3 years ago
The government announced that last year it spent $589 million in mandatory outlays and $416 million in discretionary outlays. It
Keith_Richards [23]

Answer:

The Last year, the government had a budget suplus of $ 10 million.

Explanation:

Government expenditure = $589 million + $416 million

                                           = $1005 million.

Government revenue = $1015 million

Government budget suplus = government expenditure - government revenue

                                              = 1005 million - 1015 million

                                              = $10 million

Therefore, The Last year, the government had a budget suplus of $ 10 million.

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3 years ago
What is a living will?
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A living will, also called a directive to physicians or advance directive, is a document that lets people state their wishes for end-of-life medical care, in case they become unable to communicate their decisions. ... If you're helping someone with their estate planning (or doing your own), don't overlook a living will.

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