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alexandr402 [8]
3 years ago
15

The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $26,000 per year fo

rever. If the required return on this investment is 5.3 percent, how much will you pay for the policy
Business
1 answer:
USPshnik [31]3 years ago
4 0

Answer:

$490,566.04

Explanation:

Calculation for how much will you pay for the policy

Using this formula

Present value of perpetuity= Investment policy Annual inflows/ Required rate of return

Let plug in the formula

Present value of perpetuity=$26,000/0.053

Present value of perpetuity=$490,566.04

Therefore the amount that you will pay for the policy is $490,566.04

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Guinan Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direc
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Answer:

$4,200 over applied

Explanation:

For computing the over applied overhead, first we have to find out the predetermined overhead rate which is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $327,080 ÷ 14,800 hours

= $22.1

Now we have to find the actual overhead which equal to

= Actual direct labor-hours × predetermined overhead rate

= 13,900 hours × $22.1

= $307,190

So, the overhead over applied would be

= Actual manufacturing overhead - applied overhead

= $302,990 - $307,190

= $4,200 over applied

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In the ethical decision making process, moral imagination is used by decision makers while ________.
lapo4ka [179]

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<h3>Ethical decision-making process</h3>

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Therefore, decision makers need to identify the nature of the decision and the necessary information that will help to consider the available alternatives for the decision to develop possible resolutions and the assessment of the impact of their decision.

The choice of ethical decision must always be prioritized in favor of maintaining organizational transparency that generates greater reliability and positioning in the market.

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