Answer:
$231,200
Explanation:
The computation of the total budgeted manufacturing cost is shown below:
= Fixed Manufacturing Costs + Variable Manufacturing Costs per pair of shoes × number of shows made this month
= $12,300 + $11 × 19,900 shoes
= $12,300 + $218,900
= $231,200
We simply added the Fixed Manufacturing Costs and variable manufacturing cost so that the exact value might arrive.
Answer:
It will take 30.10 year
Explanation:
We have given initial investment $500000
Future value = $ 1 million = $1000000
Rate of interest r = 1.79 %
We have to find the time taken to reach the amount $1000000
We know that future value is equal to 


Taking log both side

n×0.0077 = 0.3010
n = 39.09 year
Now in second case rate of interest
r = 2.34 %
So 


taking log both side
log 2 = n log 1.0234
n×0.01 = 0.3010
n = 30.10 year
The generally accepted accounting principles of the United States