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nydimaria [60]
3 years ago
5

An examination of Hyong Corporation's inventory accounts revealed the following information:

Business
1 answer:
andreyandreev [35.5K]3 years ago
3 0

Answer:

Production= 45,000 units

Explanation:

Giving the following information:

Raw materials, June 1: 46,000 units

Raw materials, June 30: 51,000 units

Purchases of raw materials during June: 185,000 units

<u>First, we need to calculate the raw material used in production:</u>

<u></u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 46,000 + 185,000 - 51,000

Direct material used= 180,000

<u>Now, the production for the period:</u>

Production= 180,000/4

Production= 45,000 units

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Answer:

The Interest rate is 2%

Explanation:

The formula for computing the rate is as using the excel:

=Rate(nper,Pmt,pv,fv,type)

where

nper is number of years which is 60 months

PMT is monthly payment which is $323.53

PV is Present value which is -$10,000

FV is Future value which is $0

Type is also 0

So, putting the values above:

=Rate(60,323.53,-10000,0)

= 2%

Therefore, the rate of interest is 2%, which is monthly to be paid.

3 0
3 years ago
1. A computer game that can be purchased online and played right away has good ___ utility. A) form. B) info. C) value. D) time
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3 years ago
A. Why is the healthcare industry perceived as being less proactive than other industries in the area of computerized informatio
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Answer:

Explanation:

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(B) The three concepts are related, such that

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(C) What is driving the increased use of computerized care protocols in healthcare?

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This is receiving much attention in the healthcare industry because primary healthcare is a key public infrastructure! Others include stable electricity, pipe borne water, good roads, security, etc. These infrastructure improve the living standard of people.

8 0
4 years ago
You want to quit your job and return to school for an MBA degree 3 years from now, and you plan to save $7,000 per year, beginni
qwelly [4]

Answer:

The correct answer is $23,260.69.

Explanation:

According to the scenario, the given data are as follows:

Payment (pmt ) = $7,000

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So, we can calculate the future value by using following formula:

FV = Pmt ( 1 + r)^n + Pmt ( 1 + r)^n-1 + Pmt ( 1 + r)^n-2

By putting the value, we get

= $7,000 ( 1 + 0.052)^3 +$7,000 ( 1 + 0.052)^2+$7,000 ( 1+ 0.052)^1

= $23,260.69

hence, The future value after 3 years will be $23,260.69.

4 0
3 years ago
Knowledge Check 01 Which of the following is a correct statement regarding control of over-the-counter cash receipts: multiple c
nevsk [136]

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4 0
3 years ago
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