Answer:
=$8750
Explanation:
Principal amount 8000
Interest rate 1.8 percent per year = 0.018
Number of times compounded per year 2
Number of years 5
Amount after 5 years = 8000 ( 1 +0.018 / 2)^(10)
= 8000(1.009)^(10)
Amount after 5 years = $ 8,749.87
=$8750
Answer: 72%
Explanation:
ROI = Net Income/ Average Assets
Assuming Contribution Margin increases by $30,000;
= 240,000 + 30,000
= $270,000
Net income = Contribution margin - Fixed cost
= 270,000 - 90,000
= $180,000
ROI = 180,000 / 250,000
= 72%
That was never a law to be legal, they are breaking their own laws
Answer:
Order Processing= $1,445 per order
Explanation:
<u>First, we need to calculate the estimated costs for processing:</u>
Order Processing= (450,000*0.30) + (185,000*0.5) + (205,000*0.3)
Order Processing= $289,000
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Order Processing= 289,000 / 200
Order Processing= $1,445 per order
