In regards to the common information effect, what is the main problem with an uneven distribution of information
1 answer:
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The Cost of the goods manufactured is $217,510.00 and the Cost of the goods sold is $210,700.00.
<h3>What is Overhead?</h3>The term overhead refers to a company's continuing operating expenses but does not include the direct expenditures involved in producing a good or service.There are both fixed and variable overhead charges.
The complete solution of the question is attached below.
Thus the manufactured cost of the goods refers to those in which the expenses incurred at the time of manufacturing a good. The cost of the manufactured goods is $217,510.00.
The cost of the goods sold is $210,700.00.
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Answer:
"$8,175.72" is the right solution.
Explanation:
The given values are:
Periodic payments,
C = $500
Interest rate,
r = 8%
i.e.,
= =
%
Number of periods,
n = 5 years,
i.e.,
= =
As we know,
The present value of annuities 5 years ago will be:
⇒
On substituting the given values, we get
⇒
⇒
⇒
⇒ ($)