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DedPeter [7]
3 years ago
9

Schwiesow Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor

$ 3.50 Variable manufacturing overhead $ 1.65 Fixed manufacturing overhead $ 11,000 Sales commissions $ 1.00 Variable administrative expense $ 0.40 Fixed selling and administrative expense $ 5,500 If 4,000 units are produced, the total amount of manufacturing overhead cost is closest to:
Business
1 answer:
hoa [83]3 years ago
8 0

Answer:

Total overhead= $17,600

Explanation:

Giving the following information:

Variable manufacturing overhead $ 1.65

Fixed manufacturing overhead $ 11,000

Units produced= 4,000

<u>The total overhead is the sum of the total variable cost and the total fixed costs.</u>

Total overhead= 1.65*4,000 + 11,000

Total overhead= $17,600

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An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a
Doss [256]

Answer:

The value of the policy assuming the proposed rates is 142,769.63

Explanation:

Time line:

<--/--/--/--/--/--/----------------------------------------------------------//-->

We have 6 payment and then, a lump sum capitalize until age 65

First we calculatethe value up to the end of the six year:

Principal \: (1+ r)^{time} = Amount

First year:

940 \: (1+ 0.09)^{6} = Amount

Amount 1,576.47

Second year:

940 \: (1+ 0.09)^{5} = Amount

Amount 1,446.31

Third Year:

1040 \: (1+ 0.09)^{4} = Amount

Amount 1,468.04

Fourth year:

1040 \: (1+ 0.09)^{3} = Amount

Amount 1,346.83

Fifth year:

1140 \: (1+ 0.09)^{2} = Amount

Amount 1,354.43

Six year:

1140 \: (1+ 0.09)^{1} = Amount

Amount 1,242.60

Sum at the end of the six year: 7,080.25‬

<u>Then this capitalize up to 65 birthday:</u>

from the seventh birthday up to the 65th birthday

65 - 7 = 58 years

Principal \: (1+ r)^{time} = Amount

Principal 8,426.68

time 58.00

rate 0.05000

8426.68 \: (1+ 0.05)^{58} = Amount

Amount 142,769.63

3 0
3 years ago
Which of the following statements is true of training?
jeka57 [31]

Answer:

b. It is important to realize that for training to be effective, both learning and transfer of training are needed.

Explanation:

Training is an educational process which involves the sharpening of skills, concepts, changing of attitude and gaining more knowledge to enhance the performance of the employees.

3 0
2 years ago
The demand for loanable funds depends on future income.<br><br> a. True<br> b. False
aliina [53]

Answer:

The answer is "Option b".

Explanation:

The Loanable funds are the amount of all the assets that individuals and companies have agreed to save and lend to creditors instead of for personal use, as an investment.

The earnings are also the foundation for supplying loanable funds. That request for credit funds is focused on lending. This relationship among saving provision and loan request decides its real rate as well as the sum of loans.

6 0
3 years ago
There were a total of 90 people in the households, 10 of the people were children under 16, 10 of the people were retired but st
Vlad1618 [11]

Answer:

The unemployment rate is 42.85.

Explanation:

The formula to calculate the unemployment rate is:

Unemployment Rate = (Unemployed People / Total Labor) x 100 -- (1)

where total labor is the sum of the unemployed people and employed people.

Unemployed People = 10 Retired persons + 5 stay-at home parents + 10 persons with no job + 5 persons who wanted job

Unemployed People = 30

Labor Force = Employed people + Unemployed people

Labor Force = 40 + 30

Labor Force = 70

Putting the values in equation 1,

Unemployment Rate = ( 30/ 70) x 100

Unemployment Rate = 42.85

7 0
3 years ago
Walk Co’s average total assets are $200,000, net sales total to $100,000, and net income is $40,000. How much net income did Wal
kupik [55]

Answer:

$0.20 or 20 cents for every dollar invested as assets

Explanation:

To determine how many dollars (or cents) of net income did Walk Co. generate for every dollar of assets invested we have to;

divide Walk Co.'s net income by its total assets = $40,000 / $200,000 = $0.20 or 20 cents. This is called the

6 0
3 years ago
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