The money you get when you get paid
Answer:
e. non of the above
Explanation:
we first find the simple interest
= p * r * t
= 10000*8%*3
= 2400
the future value
= 2400 + 10000
= 12400
we find the compound interest
= 10000*(1+r)^n
= 10000(1+7%)³
= 10000*1.225043
= 12250.43
we can see that it pays more at 12400 compared to compound interest of 12250.43
the difference = 12400 - 12250.43
= 149.57
therefore the answer is e
Answer: See attachment
Explanation:
An income statement is sometimes referred to as the profit and loss account. It should be noted that it shows the revenue and the expenses that are incurred by a particular company for a certain year.
With regards to the questions above, check the attachments for the solution.
Answer:
$60,000
Explanation:
Given that,
Direct materials = $42,900
Direct labor = $29,500
Manufacturing overhead = $30,500
Selling expenses = $21,700
Administrative expenses = $35,800
Conversion costs:
= Direct labor + Manufacturing overhead
= $29,500 + $30,500
= $60,000
Therefore, the conversion costs for September is $60,000.