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3 years ago

Discuss how dollar-cost-averaging and the ten percent solution could make someone wealthy

1 answer:

6 0

Dollar cost averaging is an investment technique which can make a person wealthy in the long run. In this technique, you will buy a particular stock constantly and regularly, regardless of the price. This will add-up and without noticing, you have acquired more than you'd imagine. On the other hand, Ten Percent Solution, you invest 10% of your earnings in a long-term investment, and is done on a regular basis.

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Allure Company manufactures and distributes two products, M and XY. Overhead costs are currently allocated using the number of u

Crazy boy [7]

Answer:

Results are below.

Explanation:

First, we need to calculate the allocation rates:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Production setups= (73,000 / 30)= $2,433.33 per setup

Material handling= (49,000 / 91)= $538.46 per number of part

Packaging costs= (246,000 / 156,000)= $1.58 per unit

Now, we need to allocate costs to Product XY:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Production setups= 2,433.33*18= 43,799.94

Material handling= 538.46*23= 12,384.58

Packaging costs= 1.58*60,000= $94,800

Total allocated costs= $150,984.52

Finally, per unit basis:

Unitary cost= 150,984.52 /60,000= $0.27

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3 years ago

While harry was intoxicated, he sold his car to ben for substantially less than its fair market value. this contract is consider

VMariaS [17]

The answer to this question is that the contract is voidable. A voidable contract specificallt means that the contract can still be implemented or affirmed or rejected by one of the parties due to valid reasons. A situation where in a contract can be voidable is when the other party is not in the capacity to enter into a contract.

7 0

3 years ago

Do you know the answer?

Ugo [173]

Answer:

Explanation:

4 0

3 years ago

You are considering borrowing $10,000 for 3 years at an annual interest rate of 6%. The loan agreement calls for 3 equal payment

madam [21]

Hello! The answer would be D. $3,741. I hope this helps!

4 0

3 years ago

ArbitrLikvidat [17]

Answer:

a business process

Explanation:

A business process -

It refers to the steps involved to complete a particular task or project in an organisation or company , is referred to as a business process .

It is the set of activities or task , which are followed and performed till the completion of the project .

Hence , from the given information of the question ,

The correct term is a business process .

6 0

3 years ago