Answer:
$8.00
Explanation:
The computation of total manufacturing cost for one teddy bear is shown below:-
50% of sewing cost $15,000 = $7,500
35% of processing cost $10,000 = $3,500
Total cost assigned to teddy bear = $7,500 + $3,500
= $11,000
Direct material = $2
Direct labor = $0.50
Overhead per unit = Total cost assigned to teddy bear ÷ Each months teddy bears manufactured
= $11,000 ÷ 2,000
= $5.50
Total cost per unit = Direct Material + Direct Labor + Overhead per unit
= $2 + $0.50 + $5.50
= $8.00
The parents would deposit $ 3150 on the second birthday.
Explanation:
The initial amount deposited on the first birthday- $ 3000
Incremental % for each year deposit- 5 %
Rate of Interest provided by the education savings account- 6%
The term for which they would be depositing- 18 years (until the baby turns of 18 years means 18 annual instalments)
The amount that parents would deposit on the second birthday-
The amount deposited by parents would be 5% more than the amount deposited by them on the previous birthday
Hence incremental amount would be 5% of 3000
(5/100) *3000= $ 150
The amount that would be deposited on 2nd birthday would be 3000+150= $ 3150
Answer:
The correct answer is $30 billions.
Explanation:
The checkable deposits are given as $140 billions.
The total reserves are $51 billions.
The required reserve rate is 30%.
The required reserves will be
=30% of $140 billions
=
=$42 billions
The excess reserves will be
=total reserves-required reserves
=$51-$42
=$9 billions
Maximum expansion by lending will be
=
=
=$30 billions
So, the money supply can be expanded by a maximum amount of $30 billions.
"Although many things can affect the choice of an appropriate structure for an organization, the following five factors are the most common: size, life cycle, strategy, environment, and technology."
Answer:
FV = A(<u>(1 + r)</u>n - 1)
r
FV = 1,000(<u>(1+ 0.08</u>)3 - 1
0.08
FV = 1,000 x 3.2464
FV = $3,246.40
The correct answer is B
Explanation:
In this case, there is need to calculate the future value of an ordinary annuity for 3 years at 8% interest rate.
