Answer:
FV= $7,435.74
Explanation:
Giving the following information:
Initial investment= $6,400
Interest rate= 1.5%
Number of periods= 10 years
<u>To calculate the value of the account in ten years, we need to use the following formula:</u>
FV= PV*e^(i*n)
FV= 6,400*e^(0.015*10)
FV= $7,435.74
Answer:
Option A Net income will be the same under both variable and absorption costing.
Explanation:
The condition here given is:
Production Units = Sales units
Now under such conditions their is no finished goods and all the fixed costs are absorbed in the units produced in the absorption costing which means all the fixed production costs are part of the cost of goods sold.
In variable costing system, the fixed costs are not absorbed in the units and deducted as period cost.
So this means no cost is left which is not deducted from the revenue and this gives us net income that is same amount when we either use variable costing or use absorption costing. But remember that this is only possible when the production units are equal to sales units.
Answer: sharing data about costs and setting up time for employees to interact
Explanation:
From the question, we are informed that the CEO of Logiworks asked the human resource manager, April, to propose an approach to incentive pay and that April proposes that the company create a gainsharing plan.
Based on the above scenario, the action by the company that will best increase the likelihood that gainsharing will succeed is to share data about costs and setting up time for employees to interact.
According to deming, Good quality means a predictable
degree of uniformity and dependability with
a quality standard suited to the customer.
