Answer:
A pay policy line <u>reflects the pay structure in the market, which always matches rates in the organization.</u>
Explanation:
A pay policy line is the salary level and organization chooses to pay its employees compared to the standard salary level in the market.
Organizations would prefer not to overpay or underpay their employees. Therefore they consider the standard pay structure of the market and match the amount they pay their employees to this structure.
Answer:
Unit product cost= $84
Explanation:
Giving the following information:
Units produced 8,700
Direct materials $13
Direct labor $55
Variable manufacturing overhead $1
Fixed manufacturing overhead $130,500
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
Unitary fixed overhead= 130,500/8,700= $15
Unit product cost= 13 + 55 + 1 + 15= $84
Answer:
$4,000
Explanation:
P- percent
r-rate
t-time
P: 10000
R:8 but u have to move it two spots so it would be 0.08
T:5 years
10,000(0.08) (5) = 4,000
$4,000
That's how I do it. I hope it helps!
The answer is if the bank cannot make profit on the loan
Yw
Answer:
Required return is 8.75%
Explanation:
Given,
FV (Face Value) is $1,000
PV (present Value) is computed as:
PV = FV × Price
= $1,000 × 101.4%
= $1,014
Nper (Number of years) is 8 years
PMT (Monthly payment) is computed as:
PMT = FV × Coupon rate
= $1,000 × 9%
= $90
r (Required return) is computed by using the excel formula:
=Rate(nper, pmt, pv, fv, type)
= Rate (8,90,-1014,1000,0)
= 8.75%
