That is true, if you raise the rate then the present value falls.Of course, the present value will fall assuming the existence of positive cash flows. This annuity present value is divided into four pieces which are: the present value (PV), the periodic cash flow (C), the discount rate (r), and the number of payments, or the life of the annuity, (T).
Answer:
the actual direct deposit payroll is $12,843
Explanation:
The computation of the actual direct deposit payroll is shown below;
= Total salary - withholdings
= (15 × 40 × $30) - Federal income tax - state income tax - FICA tax
= $18,000 - ($18,000 × 0.15) - ($18,000 × 0.06) - ($18,000 × 7.65%)
= $12,843
Hence, the actual direct deposit payroll is $12,843
Basically we applied the above formula
Answer: 0 years
Explanation:
The payback period calculates the amount of time taken to recoup the initial investment made in a project or in the purchase of a machine or building. It calculates how long the cumulative cash flow generated from a project equals the cost of the project.
The payback period for both machines are zero years because the cumulative cash flow is less than the cost of the machine.
For machine A - cumulative cash flow- $-47,000 is less than -$71,000
For machine B - cumulative cash flow, -$7,000 is less than -$52,000
Explanations on how the figures were derived is found in the attached tables.
Answer:
total budgeted costs = $141,570
budgeted production = 1,000 units
standard rate = $141,570 / 1,000 = $141.57 per unit
total actual costs = $135,810
actual production = 850 units
actual rate = $135,810 / 850 = $159.78 per unit
- total fixed overhead variance = actual overhead costs - budgeted overhead costs = $135,810 - $141,570 = -$5,760 favorable. The actual overhead expense was lower than budgeted.
- controllable variance = (actual rate - standard rate) x actual units = ($159.78 - $141.57) x 850 units = $15,478.50 unfavorable. The actual overhead rate was higher than the standard rate, that is why the variance is unfavorable (more money was spent than budgeted).
- volume variance = (standard activity - actual activity) x standard rate = (1,000 - 850) x $141.57 = 150 x $141.57 = $21,235.50 unfavorable. Less units where produced than budgeted, that is why the variance is unfavorable.
If I was applying for a freelance job about writing about gems and geology for example, I would explain that I have over 40 years of professional experience as a practicing mainly field geologist with 19 years of it in a large producing open pit copper/molybdenum/gold/silver operation. I would stress that with so much field experience I am able to visualize many mining/geological situations and I am both very practical and very theoretical. Also, I would say that I have just written a book about the history of mining and geology so have considerable valuable writing experience plus doing some geological reports on the internet. Also, since I understand that such work could require talking to people in other countries and since Latin America has some valuable gems like emeralds, and since I learned Spanish while travelling in Latin America, I will be able to do phone research for such mineral occurrences.
