Answer:
They dont earn no more than $28,000 a year
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Deliverable is any measurable, tangible, verifiable outcome, result, or item that is produced to complete a project or part of a project.
<h3>What is
Deliverable?</h3>
A deliverable is a tangible or intangible good or service created as part of a project and intended for delivery to a customer. A deliverable may be a report, a document, a software product, a server upgrade, or any other component of a larger project.
Every deliverable has a cost: the total amount of time, money, and labor required to create and implement that deliverable (product or service, or its component). The cost per deliverable determines your project's budget.
Anything produced or provided as a result of a process is considered a key deliverable. When goals are met, deliverables are created, and when the overall project is completed, your key deliverable is completed.
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Answer:
Explanation:
Monthly payments from <em>mortgages</em> are calculated with the compounding montly interest rate.
Thus, you can "calculate" the monthly rate and the multiply by 12 to obtain the <em>APR</em> (annual percentage rate).
The equation for the <em>monthly payment </em>is:
![Monthly\text{ }Payment=Loan\times \bigg[\dfrac{r(1+r)^t}{(1+r)^t-1}\bigg]](https://tex.z-dn.net/?f=Monthly%5Ctext%7B%20%7DPayment%3DLoan%5Ctimes%20%5Cbigg%5B%5Cdfrac%7Br%281%2Br%29%5Et%7D%7B%281%2Br%29%5Et-1%7D%5Cbigg%5D)
- Loan = 80% × $1,800,00 = $1,440,000
- Monthly payment = $10,800
- t = number of months = 25 × 12 = 300
Substitute:
![\$10,800=\$1,440,000\times \bigg[\dfrac{r(1+r)^{300}}{(1+r)^{300}-1}\bigg]](https://tex.z-dn.net/?f=%5C%2410%2C800%3D%5C%241%2C440%2C000%5Ctimes%20%5Cbigg%5B%5Cdfrac%7Br%281%2Br%29%5E%7B300%7D%7D%7B%281%2Br%29%5E%7B300%7D-1%7D%5Cbigg%5D)
You must find r but it is very difficult to make it the subject of the equation; thus, the best is to do succesive calculations:
Tests:
r monthyly payment
- 0.01 $15,166.43 > $10,800 ⇒ lower
- 0.005 $ 9,277.94 < $10,800 ⇒ increase
- 0.006 $10,362.08 pretty close; increase a little bit
- 0.00639059 $10,800 ↔ this is the number
Multiply the rate by 12 (to obtain the APR): 0.00639059 × 12 = 0.07668708 = 7.67%.
Answer:
Answer is a) debit, actual
Manufacturing Overhead account has a debit balance and applied manufacturing overhead is greater than the actual manufacturing overhead
Explanation:
Overheads are applied to product costs using budgeted overhead rates. Budgeted rates are used because the delays in obtaining actual overhead affects timeous product valuation for profit purposes
Over applied situation occurs when the applied overheads exceeds the actual manufacturing overhead.
<em>The Manufacturing Overhead Account will have the following entries:</em>
Transfer to work in Progress figure - credit (with applied overheads)
Bank - debit (actual overhead)
Balancing figure or shortfall - debit (over-applied)