[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have the cost amounts for two years. How would I do that?
Answer:
Selling price= $51.48
Explanation:
Giving the following information:
Direct materials $16
Direct labor $5
Variable manufacturing overhead $9
Variable selling and administrative expenses $6
To compute the total cost per unit, we will use the variable costing approach. We will only compute the variable costs.
Total cost per unit= $36
Selling price= $51.48
Answer: yes
Explanation:
Upper specification = 30 minutes
Lower specification = 20 minutes
Average service = 26.26minutes
Sigma= 1.35 minutes
I feel stressed reading this question as it has no context but the question is asking for your opinion. there really is no wrong answer
Based on the present value of the annual cash flows and the investment cost, the present value index is 1.39
<h3>How is the present value index calculated?</h3>
To find the present value index, use the formula:
= Present value of cash flow/Investment cost
The present value of cash flow is:
= Annual cash flows x Present value interest factor of annuity, 9%, 4 years
= 2,480 x 3.239719877
= $8,034.51
The present value index is:
= 8,034.51 / 5,800
= 1.39
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