Answer: $8,009.3
Explanation:
Given that,
Deposits(P) = $100 today (Annuity amount)
Additional deposits = $100 end of each quarter for the next 13 years
nominal annual rate = 6% compounded annually

= 0.015
No. of deposits (n) = 53
Payments are made at end of quarter. So future Value of annuity formula will become applicable.
Future value of annuity due = 
= 
= 100 × 80.09
= $8,009.3
Therefore, she will have $8009.38 for her trip.
Answer:
Direct material cost = $112,000
Explanation:
<em>Pre-determined overhead absorption rate rate = Estimated overhead for the period / estimated direct material cost</em>
Pre-determined overhead absorption rate rate (OAR= 75% of direct material cost
Applied overhead = OAR × direct material cost
Applied overhead = 75% × direct material cost
Let direct material cost be represented by y
84,000= 75% × y
y = 84,000/75%= 112000
Direct material cost = $112,000
Answer:
All-Mart can avoid the contract since it didn't meet their specification for the siting of their new store which they planned for. <u>The warranty deed</u> which they called for was to ensure that, all land purchased has guarantee that it would not become an issue for them in the future.
<em>Since one part is an enclosed parking lot which is a public property that Suburban is trying to sell to them, the best would be to avoid it.</em>
Explanation:
Answer:
To recognize the Actual costs linked to production
Debit Factory overheads $32,000
Credit Accounts payable 32,000
Answer is A