Answer:
variable costs
manufacturing supplies =$14000
production supervisor wages=$135,000
power and light=$48000
production control wages=$32000
materials management wages=$39000
total=$268000
fixed costs
factory insurance =$30000
factory depreciation =$22000
<u>Total= $52000</u>
Answer:
The nominal interest rate which the bank will offer is of 10.24%
Explanation:
according to Irwin formula the bank will charge a nominal rate that ensures a real rate of 6% thus:
1.06*1.04-1 = 0.1024 = 10.24%
Before introducing yourself, it is imperative that you fully inform yourself about the two cases to be discussed, and what the effects of each have on the organization. It is also important to make a hypothetical situation of each case and to observe probable causes and effects that will assist in creating the probable scenario and in decision making.
