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3 years ago

If you put $7000 in a saving account that earns 2% interest for 10 years, how much will you have in

Business

1 answer:

blondinia [14]3 years ago

4 0

Answer:

1) 56,000

2) 9,950

3) 8,479

4) 25,500

Explanation:

1)20% of 70.000=56.000

2)5% of 10.000=9.950

3)21% of 10.500=8.479

4)15% of 30.000=25.500

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Bay City Company’s fixed budget performance report for July follows. The $367,000 budgeted total expenses include $280,000 varia

Wittaler [7]

Answer:

Check the explanation

Explanation:

BAY CITY COMPANY

Flexible Budget Performance Report

For the month ended July 31

Flexible Budget Actual Results Variances Fav./Unf.

Sales $3,12,000 $3,51,000 $39,000 Fav

Variable expenses $2,18,400 $2,52,000 $33,600 Unf

Contribution margin $93,600 $99,000 $5,400 Fav

Fixed expenses $87,000 $77,000 $10,000 Fav

Income from

operations $6,600 $22,000 $15,400 Fav

Sales price per unit =$400,000 / 5,000 units =$80 per unit

Flexible Budgeted sales =3,900 units*$80 =$312,000

Variable expenses per unit =$280,000 / 5,000 units =$56 per unit

Flexible Budgeted Variable expenses =3,900 units*$56 =$218,400

7 0

3 years ago

Stuart Corporation produces products that it sells for $17 each. Variable costs per unit are $9, and annual fixed costs are $163

Mila [183]

Answer:

See below

Explanation:

The formula for break even point in unit and dollar is as sewn below;

Break even point in units = Fixed expenses / Contribution margin per unit

Where

Contribution margin per unit = Selling price per unit - Variable expense per unit

Contribution margin per unit = $17 - $9 = $8

But

Fixed expenses = $163,200

Break even point in unit = $163,200 / $8 = 20,400 units

Break even point in dollars = Fixed expense / Profit volume ratio

Where

Profit volume ratio = (Contribution margin per unit / Selling price per unit) × 100

Profit volume ratio = ($8/$17) × 100 = 47.06%

But

Fixed expense = $163,200

Break even point in dollars = $163,200 / 47.06% = $3,468

For desired profit

Sales volume in units = Fixed expense + Desired profit / Contribution margin per unit

= $163,200 + $25,200 / $8

= $188,400/$8

= 23,550 units

Sales volume in dollars = Fixed expenses + Desired profit / Profit volume ratio

= $163,200 + $25,200 / 47.06%

= $4,003

8 0

3 years ago

Estimated manufacturing overhead for the year $30,000 Estimated direct labor hours for the year 2,000 Two jobs were worked on du

saul85 [17]

Answer:

$15.00 per direct labor hour

Explanation:

predetermined manufacturing overhead rate = Budgeted overheads ÷ Budgeted Activity

= $30,000 ÷ 2,000 hours

= $15.00

thus,

The predetermined manufacturing overhead rate per direct labor hour for the year is $15.00 per direct labor hour

5 0

3 years ago

When computing the weighted average cost of capital, which of these are adjusted for taxes? a. cost of debt b. both the cost of

ololo11 [35]

Answer:

a. cost of debt

Explanation:

The formula to compute the weighted average cost of capital is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of common stock) × (cost of common stock)

Since the payment for the dividend is not entitled to a tax deduction but the payment for interest is entitled to a tax deduction. And, the after-tax is considered for the cost of debt and the same is shown in the formula above

6 0

4 years ago

HELP ME

Ratling [72]

The option that is true about the Master Layout dialog box is C. Allows you to add a text placeholder.

The Master Layout dialog box simply refers to the tip slide in the hierarchy of slides that is vital in storing information about the side layouts and theme in a presentation.

The Master Layout dialog box is also vital in storing information about background, color, effects, fonts, etc. It also allows the user to add a text placeholder.

Read related link on:

brainly.com/question/25530317

4 0

3 years ago