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4 years ago

Belleview Orange manufactures orange juice. Last month's total manufacturing costs for the Duval operation included:

Business

1 answer:

qwelly [4]4 years ago

6 0

Answer:

The conversion cost for Belleview Orange's Duval operation last month was $154,000

Explanation:

Conversion costs are those production costs required to convert raw material to finished goods. Conversion costs include direct labor and manufacturing overheads.

Conversion Costs = Direct Labor cost + Manufacturing Overheads cost = Total Manufacturing Cost – Direct Material cost.

Last month, in Belleview Orange's Duval, Direct labor cost was incurred of $39,000, Manufacturing overhead cost was incurred of $115,000

Conversion Cost = $39,000 + $115,000 = $154,000

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An individual is now 50 years old, that he plans to retire in 10 years, and that he expects to live for 25 years after he retire

Nutka1998 [239]

Answer:

Ans. He must save during each of the following 10 years, at the end of each year $32,452.

Explanation:

Hi, in order to find the amount of money that he should have in ten years so he can receive an annual payment of $65,156 for 25 more years (24 payments), we need to bring to present value all 24 payments to year 10. Let me show you the formula.

$PresentValue_{10} =\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }$

Where:

A= $65,156

n= 24

r= 0.08

Therefore the present value in year 10 is:

$PresentValue_{10} =\frac{65,156((1+0.08)^{24}-1) }{0.08(1+0.08)^{24} }=686,012$

So that is our present value in year 10, or to put it in other words, our future value (if we look at it from year 0). Now we need to find the annuity (amount to save) that with account for $686,012, plus that $100,000 that he already has saved.

Every should look like this.

$686,012=100,000*(1+0.08)^{10} +\frac{A((1+0.08)^{10}-1) }{0.08(1+0.08)^{10} }$

And we solve this equation for "A".

$686,012=A(14.4865625)+215,892$

$A=\frac{(686,012-215,892)}{14.4865625} =32,452$

Best of luck.

5 0

3 years ago

What is negative communication from citizens

vesna_86 [32]

bad words, bad language, mean insults, talking nasty.

8 0

3 years ago

Among those not working, the most recent job-search activity for 2.90 million happened less than two weeks ago, while 1.72 milli

Firdavs [7]

Answer:

A. 24.05

B. 4.62

C. 66.99%

D. 19.21%

Explanation:

A). Calculation to determine the Laborland's total labor force

Using this formula

Total Labor Force = Employed + Unemployed

Let plug in the formula

Total Labor Force = (4.9+ 14.53) + (2.9 + 1.72)

Total Labor Force = 19.43 + 4.62

Total Labor Force = 24.05

Therefore the Laborland's total labor force is 24.05

(B). Calculation to determine the Laborland's labor force participation rate

Unemployed = 2.90 + 1.72

Unemployed = 4.62

Therefore the Laborland's labor force participation rate is 4.62

(C). Calculation to determine How many people are unemployed in Laborland

Using this formula

Labor force participation rate = Labor force / Total working age population

Let plug in the formula

Labor force participation rate= $24.05 / 35.9

Labor force participation rate= 66.99%

Therefore How many people are unemployed in Laborland will be 66.99%

(D). Calculation to determine Laborland's unemployment rate

Using this formula

Unemployment Rate = Unemployed / Labor force

Let plug in the formula

Unemployment Rate = 4.62 / 24.05

Unemployment Rate= 0.1921 * 100

Unemployment Rate= 19.21%

Therefore Laborland's unemployment rate is 19.21%

4 0

3 years ago

eating small amounts of sweet desserts can satisfy one's urge or craving for healthier food. true or false?

krok68 [10]

Answer:

I think eating healthier food would be better. Eating sweet desserts would be healthier than eating a lot, but you should still cut down and eat healthier foods. False

Explanation:

6 0

3 years ago

g has 25,000 shares of $10 par common stock outstanding and 12,500 shares of $100 par, 6.00% cumulative, nonparticipating prefer

nevsk [136]

Answer:

Preferred stock dividend in arrears = (12500 shares * $100 par * 6%) * 2 years

Preferred stock dividend in arrears = $150,000

Dividend paid this year = $350,000.

Dividend paid to Preferred stockholders = $150,000 in arrears + $75,000 current period = $225,000.

Dividend paid to Common Stockholders = $350,000 - $225,000 = $125,000.

Dividend per share of preferred stock = $225,000 / 12500 shares

Dividend per share of preferred stock = $18

Dividend per share of common stock = $125,000 / 25000 shares

Dividend per share of common stock = $5

4 0

3 years ago

Belleview Orange manufactures orange juice. Last​ month's total manufacturing costs for the Duval operation​ included:

Belleview Orange manufactures orange juice. Last month's total manufacturing costs for the Duval operation included: