Answer:
Their combined future value will be 8,141.59.
Explanation:
Each deposit is invested at 12%, but for a different amount of years. So, the best thing would be to separate the three, calculate their value at the end of the third year for separated, and then obtain the grand total by adding up the results.
- First deposit = 1,200. It is invested for three years. The value at the end of year 3 is 1,200*(1.12)^3 = 1,685.91
- Second deposit = 2,200. It is invested for two years. The value at the end of year 3 is 2,200*(1.12)^2 = 2,759.68
- Third deposit = 3,300. It is invested for one years. The value at the end of year 3 is 3,300*(1.12) = 3,696.00
- The sum of the three deposits is 8,141.59.
Answer: c. fixed-position layout.
Explanation:
This is a system that addresses the layout requirements of stationary projects.
Here, project remains in one place and workers and equipment come to that one work area.
Examples are plane, ship, highway, a bridge, a house, and an operating table in a hospital, etc.
Answer:
True
Explanation:
An activity based costing (ABC) system assigns resources to the different production activities, and then unit costs are determined by the proportion of the production activities that every unit requires.
This is a much more complex costing method than just assigning overhead costs based on direct labor hours or machine hours.
Answer:
C) The company followed a low inventory system.
Explanation:
As the product was new, the correct estimate of expected sales could not be made, and with high demand and hype in the market the company, there was a high demand of the product.
This certainly led to stock out, and not meeting the customers needs.
Accordingly the reputation in market degraded.
This is because of low performance, because of shortage of inventory.
Therefore, the correct option is:
Poor Inventory system, which led to poor performance.
Answer: No, because of the integration clause
Explanation:
Based on the information given, the buyer isn't correct as a result of the integration clause.
The integration clause, is a clause in a written contract that stipulates that a particular contract is complete and that the parties involved agreed to the contract and it's final.
This contract supersedes every other informal understandings and all other oral agreements relating as well. Therefore, the buyer is liable for the cost of the boat.
