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3 years ago

A manufacturer reports the following information below for its first three years in operation.

Business

1 answer:

Usimov [2.4K]3 years ago

4 0

Answer:

e. $111,000

Explanation:

Absorption costing income for year 3 = Income under variable costing - {Beginning inventory (units) * Fixed manufacturing overhead per unit} + {Ending inventory (units) * Fixed manufacturing overhead per unit}

Absorption costing income for year 3 = 115,000 - (500*8) + (0*8)

= 115,000 - 4,000 + 0

= $111,000

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Mary makes monthly deposits of $450 at the end of each month over 25 consecutive years to support her retirement. If the account

Arte-miy333 [17]

Answer:

d. $394,767

Explanation:

For computing the amount of deposit at the end we need to apply the future value formula i.e to be shown in the attachment

Given that,

Present value = $0

Rate of interest = 7.5% ÷ 12 months = 0.625%

NPER = 25 years × 12 months = 300 months

PMT = $450

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after applying the above formula, the future value is $394,767

8 0

3 years ago

In certain economy pple save part income in financial sector and use remaining part for consumption the govt decides to increse

notsponge [240]

Answer: Savings decrease, and investment decreases

Explanation:

A tax is referred to as a levy which is imposed on the people in a particular country so that the government can generate revenue.

When there's an increase in the tax rate, it simply means that the government wants to generate more money. This will have an effect on the consumption, savings and investment of the individuals in the economy as their savings will be reduced, consumption reduces and investment reduces as well.

7 0

3 years ago

Which of the following occupations is among the 10 projected most rapidly declining U.S. occupations in terms of percentage decr

NemiM [27]

Answer:

Postal service mall sorters and processors is the correct answer for the following.

Explanation:

A postal worker would be someone who receives, philtres and handles mail and sells mail items.
These include such roles as postal hoppers and agents, mail carriers, developers, and assembly line workers.
Workers at the Postal Service collect and prepare mail for shipment to homes, companies and boxes at the post office.

Therefor, the Postal service is the correct answer.

6 0

3 years ago

You have just won the lottery and will receive $460,000 in one year. You will receive payments for 27 years, and the payments wi

Zepler [3.9K]

Answer:

The present Value of my winnings = $4,578,716.35

Explanation:

An annuity is a series od annual cash outflows or inflows which payable or receivable for a certain number of periods. If the annual cash flow is expected to increase by a certain percentage yearly, it is called a growing annuity.

To work out the the present value of a growing annuity,

we the formula:

PV = A/(r-g) × (1- (1+g/1+r)^n)

I will break out the formula into two parts to make the workings very clear to follow. So applying this formula, we can work out the present value of the growing annuity (winnings) as follows.

A/(r-g)

= 460,000/(12%-3%)

= $5,111,111.11

(1- (1+g/1+r)^n

1 - (1+3%)/(1+12%)^(27)

=0.8958

PV = A/(r-g) × (1- (1+g/1+r)^n)

$5,111,111.11 × $0.8958

= $4,578,716.35

The present Value of my winnings = $4,578,716.35

5 0

4 years ago

Suppose labor's share of output is 60% and capital's share of output is 40%. If labor grows at a rate of 5%, then this will caus

12345 [234]

If capital grows at a rate of 5%, then this will cause output to grow at a rate of 1%.

Given,

Labor's share of output = 60%

Capital's share of output = 40%

Labor grows on a rate of = 5%

Capital grows on a rate of = 5%

Thus, output will grow at a rate of = ?

SR(t) = Δy/Δt/Y - (αΔk/Δt/k(t) + (1-α)(ΔL/Δt/L(t))

Here, α = 60%

So, labor's share = (1 - 0.6) × 5 = 2%

Capitals contribution = 0.4 × 5 = 2%

Implied rate of growth in technology is also given,

SR = (5) - (2+2)

= 1%

Hence, if capital grows at a rate of 5%, then this will cause output to grow at a rate of 1%.

To learn more about capital here:

brainly.com/question/24212838

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8 0

1 year ago