Answer:
The amount to be saved at the age of 65 is $1940755.74
Explanation:
To calculate the amount needed at 65 including inflation = 40000 * 1.0336 = 115931.13
Present Value of Growing Annuity = PMT / (r-g) [ 1 - {(1+g)/(1+r)}n ]
= 115931.13 / (0.045 - 0.03) [ 1 - (1.03/1.045)20 ]
= 7728742.2 * 0.2511089
= 1940755.74
Answer:
$1,933.32
Explanation:
Total materials handling cost for the year = $16,652.90
Total direct labor hours:
= [(Total expected units produced for wall mirrors × Expected direct labor hours per unit for wall mirrors) + (Total expected units produced for Specialty Windows × Expected direct labor hours per unit for Specialty Windows)]
= [(13,400 × 6) + (1,320 × 8)]
= 80,400 + 10,560
= 90,960
Cost per Direct labor hour:
= Total Expected material handling cost ÷ Total direct labor hours
= $16,652.90 ÷ 90,960
= $0.18308
Material handling Cost allocated to specialty windows:
= Cost per Direct labor hour × Direct labor Hours
= $0.18308 × (1,320 × 8)
= $0.18308 × 10,560
= $1,933.32
Therefore, the total materials handling cost allocated to the specialty windows is closest to $1,933.32 .
Explanation:
the benefits of a savings account is to be secure from thief
Answer: "smart sanctions" .
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Answer:
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