<span>The answer is 1.43 % per day.
Calculations:
Formula for simple interest: I=PRT, where I=interest; P= borrowed amount; R=rate of interest in percentage; T=time for repayment
hence; P=$300, I=$60, T=14 days, then R=?
R={(I/PT) *100)}% per day={(60/300*14)*100}=1.43 % per day
interest rate (R) that Fred was charged for the aforementioned loan was 1.43 % per day</span>
Planning corresponds to a key management function, because from its effective implementation, other organizational functions can be successful.
<h3 /><h3>What is organizational planning?</h3>
Corresponds to the process of structuring activities to achieve organizational goals and objectives. It is based on a prediction of how a company will use its resources to be well positioned in the market.
Therefore, the strategy planning is a key management function, through it there is the direction of the necessary actions for a company to provide value to the potential public and to be competitive.
Find out more about Planning here:
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umm laptops are around $150 to $250 for a cheep one so id say $1250,000 for 10000 laptops
Answer:
(a) Total manufacturing costs = $685,000
(b) Total cost of work in process = $721,000
Explanation:
(a) Compute total manufacturing costs.
Total manufacturing cost can be described as the total cost that a manufacturing company incurred within a reporting period to produce goods. This can be computed using the information provided in the question as follows:
Total manufacturing cost = Direct materials used + Direct Labor + Total manufacturing overhead = $199,000 + $238,000 + $248,000 = $685,000
(b) Compute total cost of work in process.
Total cost of work in process refers to the aggregate cost of partially completed goods. This can be computed using the information provided in the question as follows:
Total cost of work in process = Beginning work in process + Total manufacturing costs = $36,000 + $685,000 = $721,000
