Answer:
Bonita has a standard of 2 hours of labor per unit, at $12 per hour. In producing 2600 units, Bonita used 5050 hours of labor at
1 answer:
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Answer: a) $135,838.21 b) $46,130.05
<u>Step-by-step explanation:</u>
- A: accrued amount (balance)
- P: principal (initial amount invested)
- r: interest rate (in decimal form)
- t: time
(a) Given:
- A = 400,000
- P = unknown
- r = 12% = 0.12
- t = 9
(b) Given:
- A = 400,000
- P = unknown
- r = 12% = 0.12
- t = 18