Answer:
d. $1,876,306.49
Explanation:
As for the provided information,
Total funds needed at end of 4.5 years = $2.2 million
For this current savings are to be invested on a compound interest, where the rate of interest = 3.6%
Compounding period = Annually.
Therefore, future value factor of $1 after 4.5 years @ 3.6% = 1.1726997
The value of $2.2 million as on date = 
= $1,876,306.49
Therefore, the correct answer is
Option d.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Estimated manufacturing overhead= 960,000
Estimated number of hours= 32,000
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 960,000/32,000= $30 per direct labor hour
Now, we can allocate to each unit of Planter:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 30*2= $60
Answer:
c) George's consumer surplus is $15 and Vicky's producer surplus is $20
Explanation:
The formula to compute the producer surplus and the consumer surplus is shown below:
Producer surplus = Market price - Actual amount to sell the goods
And, the consumer surplus = Willing to pay - Market price
So, the producer surplus
= $45 - $25
= $20
And, the consumer surplus is
= $60 - $45
= $15
Therefore, the correct option is c.
Answer: Norming stage
Explanation: Norming stage refers to the stage at which the previous interactions of the group starts resulting in a feeling of team work among the members.
In this stage the members accepts the fact that they are a team and they should work together to accomplish the goals. The members of a group in this stage stops focusing on their individual goals and starts working for the ultimate objectives.
Hence from the above we can conclude that the correct option is A.
