Answer:
a) $ 333.67
b) 12.6825
Explanation:
a) The 333.67 amount is the payment per month without interest and of course interest will differ from month to month as the loan is amortized monthly. to get the payment using financial calculator its N= 60, I/YR = 12%/12=0.01, 15000=PV, FV=O THEN COMPUTE PMT
OR use the formula pmt= PV/1-1/(1+rate)^time/rate
b) To get EAR = (1+ rate/ compounding)^compounding-1
(1+0.12/12)^12-1
Answer:
Without financial stability, and office can not function properly.
Explanation:
Ex:
unpaid light bill = dysfunctional office
It depends but variable costs are usually associated with unit production like ingredients or materials so fixed costs like capital expenditure might be the larger part of a budget
Answer and Explanation:
The computation is shown below:
a. The standard cost is
Fo material
= $1,243,000 ÷ 565,000 units
= $2.20 per unit
And, for labor it is
= $1,638,500 ÷ 565,000 units
= $2.90 per unit
b. The budgeted cost would be remian the same as the total cost i.e. $1,243,000 and $1,638,500
Hence, the same would be considered and relevant
Answer:
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