Answer:
<u>Scholarship Amount would be $45.68</u>
Explanation:
Deposits into an endowment account that pays 12% per year
Year 0 Deposit $100
Year 1 Deposit $90
Year 2 Deposit $80
Year 3 Deposit $70
Year 4 Deposit $60
Year 5 Deposit $50
Year 6 Deposit $40
First find the present worth of the gradient deposits.
P = 100 + 90(P/A, 12%, 6) - 10(P/G, 12%, 6) = $380.69
A = 380.69 (0.12)
A= $45.68
Anything that is possessed with funds or luxury or heirloom items
Answer:
D. Economic value created.
Explanation:
The reason is that the economic value created is the difference between the price the customer is willing to pay and the cost that the product actually costs to the firm.
Following is the formula for calculation of economic value created:
Economic Value Created = Value customer willing to pay - Cost of product
Here the television costs $400 to the firm and the customer is willing to pay $600 for the television. So by putting the values we have:
Economic Value Created = $600 - $400 = $200
So the correct option is option D.
Answer:
selling expense
Explanation:
The cost which is charged to manufactured a product is known as product cost
Plus product cost is a combination of direct material; direct labor and indirect cost i.e indirect material and indirect cost
In mathematically,
Product cost = Direct materials cost + Direct labor cost + manufacturing overhead cost
The indirect cost is also known as manufacturing overhead cost.
The cost which is charged to manufactured a product is known as product cost
