Answer:
$12,936,120
Explanation:
The formula for calculating compound interest
=FV = PV × (1+r)n
Fv = future value
PV present value
r interest rate =10 %
t =time = 5 years
Future value= 12million x(1+10/100)5
=12,000,000 x (1+0.1)5
=12,000,000x1.61051
= $12,936,120
It states the there is a direct relationship between the quantity supplied and price. The law of supply states also that if the price increase, the quantity supplied also increase and if the price decrease, the quantity supplied also decrease, ceteris paribus.
Answer:
The statement is FALSE.
Explanation:
Concrete terms are referred to those objects and events that are available to the five senses of human. However, these terms can be used in an abstract or symbolic way. A word is concrete in a specific context, but becomes a symbol of an abstract idea in a different context depending on the author's intent. This is possible because that symbol is not used in a literal meaning, but is used to represent an idea which usually means something else. Henche the given statement is wrong.
Answer:
354 hours
Explanation:
Direct material cost = $7,250
Actual manufacturing overhead cost = $40,800
Applied manufacturing overhead cost = $40,800
The given value if work process at end of May(May 30) = $16,808 and & $7,250 was used as direct material cost.
Thus, remaining labor and overhead = $16,808 - $7,250 = $9,558
Given an overhead rate of $12 per hour and labor rate of $15 per hour
Overhead rate + labor rate = $12 + $15 = $27 per hour
Direct labour hours worked =
$9,558 ÷ $27 = 354 hours
Therefore the actual direct labor hours worked during may is 354 hours
None of the given option is correct. They are stated in $ and the values are unrealistic.
"An organization of high school seniors performs services for patients at Leer Hospital."The amount that should be reported for donated services is 0$. This is further explained below.
<h3>What have donated services?</h3>
Generally, donated services are simply defined as Contributed premises, advantageous financial agreements, or donated services are all ways in which a nonprofit might benefit from the generosity of others.
In conclusion, free labor, A unique collection of abilities is required, and we were going to buy it anyhow.
Read more about donated services
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