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il63 [147K]
3 years ago
6

The regular distribution of lollipops, toys, or treats every Friday is an example of a ________that helps reinforce Nunya's cult

ure.
A) story
B) ritual
C) material symbol
D) symbolism
E) tool
Business
1 answer:
harina [27]3 years ago
6 0

Answer:

It is an example of a material symbol that helps reinforce Nunya's culture

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During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $5 per
lara31 [8.8K]

Answer:

$115,000

Explanation:

Given that

Cost of direct material = 5 per unit

Direct labour = 3 per unit

Variable = 4 per unit

Fixed overhead = 189000

Unit produced = 21000

Therefore,

Value of ending inventory under absorption costing = 5 + 3 + 4 + (189000/21000)

= 5 + 3 + 4 + 9

= 21 per unit × 5500 unit

= $115,000

7 0
3 years ago
The following information is available for Sweden Company for its most recent year:
Sidana [21]

Answer:

A $1,200,000

Explanation:

The correct answer is D.

the gross margin equals 40% of net sales = 40%* 1,800,000= 720,000

Cost of goods sold will therefore be  60% of net sales;

Cost of goods sold = (60% * 1,800,000) = 1,080,000.

Cost of goods available for sale = cost of goods sold + the cost of ending inventory.

Cost of goods available for sale = 1,080,000+120,000 = $1,200,000

4 0
3 years ago
Cujo invested $2,500 in an account earning 3.4% annual interest that is compounded semi-annually. How long will it take the inve
just olya [345]

Answer:

10 years and 10 months.

Explanation:

Provided information we have,

Amount invested = $2,500

Earning interest rate = 3.4% annually

Compounded semiannually

Thus, period to be considered = 2 in a year

Interest rate = 3.4 \times \frac{6}{12} = 1.7

Thus, effective interest rate = 1.7%

Now, according to future value of compounded rate @ 1.7% at a period 65 factor = 2.9913

Thus value will be $2,500 \times 2.9913 = 7,478.25

That is approximate triple in value.

Thus, total period in number of years = 65/6 months = 10.833 years.

0.833 \times 12 months = 10 months

That exactly means 10 years and 10 months.

5 0
3 years ago
Read 2 more answers
Melinda kept a record of her spending for the week. She spent $25 to put gas in the car, bought a new shirt for a total of $22.3
shtirl [24]
She spent 93.04 doing the week
4 0
2 years ago
What is the present value of a perpetuity that pays you annual, end-of-year payments of $950? Use a nominal rate (monthly compou
nasty-shy [4]

Answer:

PV= $12,242.27

Explanation:

Giving the following information:

Cf= 950

Nominal interest= 0.0750 monthly compounded

<u>First, we need to determine the real interest rate:</u>

Monthly interest rate= 0.075/12= 0.0625

Real annual rate= (1.00625^12) - 1= 0.0776

N<u>ow, we can calculate the present value using the following formula:</u>

PV= Cf/ i

PV= 950/0.0776

PV= $12,242.27

7 0
2 years ago
Read 2 more answers
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