Answer:
Intructions are listed below.
Explanation:
Giving the following information:
Kant Miss Company is promising its investors that it will double their money every 3 years.
A) According to the rule of 70, an investment will duplicate in X number of years using the following formula:
N= 70/ interest rate
In this exercise:
3=70/i
i=70/3= 23.33%
B) If this is a good deal or not will depend on the interest rate and risk that you are willing to accept.
C) To find how many years it will take to reach to $26000 we need to use the following formula:
n=[ln(FV/PV)]/ln(1+r)
ln= natural logarithm
FV= Final value
PV= present value
r= interest rate
n=[ln(26000/300)]/ln(1+0,23333)
n= 21,55 years.
First A: customer, answer would be c.
Second A: would be A.
Answer:
Total cost= $710,000
Explanation:
Giving the following information:
15,00 units:
Fixed costs= $350,000
Total variable cost= $450,000
<u>First, we need to calculate the unitary variable cost:</u>
Unitary variable cost= 450,000 / 15,000
Unitary variable cost= $30
<u>Now, the total cost for 12,000 units:</u>
Total cost= 350,000 + 30*12,000
Total cost= $710,000
Answer:
$2,260 Favorable
Explanation:
The computation of the variable overhead rate variance is shown below:
= Actual hours × actual rate - actual hours × standard rate
= $51,200 - 8,100 hours × $6.60
= $51,200 - $53,260
= $2,260 favorable
The Actual total variable manufacturing overhead comprises of
= Actual hours × actual rate
= $51,200
Simply we put the figures on the given formula.
