Answer:
$ 2292.8
Explanation:
Annual payment = $ 2 × 100 = $ 200
Future value in 10 years = Pmt ( ( 1+r)^n -1) / r
r = 3% = 0.03
annual payment = $ 200
Future value in 10 years = $ 200 ( (1 +0.03)^10 - 1) / 0.03 = $ 200×11.46 = $ 2292.8
Answer:
Correct option is B) $17.10
Total overhead rate per hour = $17.10
Explanation:
Overhead rates are based on cash outflow, they are not allocated and computed based on non cash items.
Total direct labor hours = 8,900
Thus total variable overhead rate = $5.50
Total cash fixed cost = $133,500 - $30,260 = $103,240
Fixed cost overhead rate = $103,240/8,900 = $11.60
Total overhead cost per hour = Variable overhead + Fixed Overhead = $5.50 + $11.60 = $17.10
<span>The value of ownership built up in a home or property that represents the current market value of the house less any remaining mortgage payments. This value is built up over time as the property owner pays off the mortgage and the market value of the property appreciates.</span>
Answer:
It will need to sale 2,002 units per year to achieve a 10% return on the machine
Explanation:
We will calculate the amount of sales in dollars. We will think this as an annuity which present values is 123,000. That way the company will achieve a 10% return on the machine:
PV $123,000.00
time 10 years
rate 10% = 0.1
C 20,017.68
Now, we divide the cuota by the price per unit to get the units sales per year:
20,017.68 / 10 = 2,001.76 = 2,002 units