Answer:
$60,000
Explanation:
Given that,
Direct materials = $42,900
Direct labor = $29,500
Manufacturing overhead = $30,500
Selling expenses = $21,700
Administrative expenses = $35,800
Conversion costs:
= Direct labor + Manufacturing overhead
= $29,500 + $30,500
= $60,000
Therefore, the conversion costs for September is $60,000.
Answer:
Customers will less likely agree to pay high price for an experience good
Explanation:
Once a firms reputation is ruined or tarnished, a great number of customers will naturally lose trust as regards products from that firm. Most customer would not want to gamble with their money even with the slight increase in interests rates, it is expected that a firm should always deliver quality product on a consistent basis. Inconsistency in product quality will lead to a reduction in customer trust and overtime, customer base in general.
In its most general sense, a fair use is any copying of copyrighted material done for a limited and “transformative” purpose, such as to comment upon, criticize, or parody a copyrighted work. ... In other words, fair use is a defense against a claim of copyright infringement.
Answer: $20,478.78
Explanation:
In 14 years the investment will be,
Gold
10,000/2 = 5000
Then use the compound interest formula
5000 * (1+0.07)^ 14 = $12,892.67
For Certificates of Deposits.
Use the Compound interest formula
Rate and period are in years. Convert to semi annual basis.
3%/ 2 = 1.5%
14 * 2 = 28 periods
= 5000 ( 1+ 0.015) ^ 28
= $7,586.11
Add both
=$12,892.67 + $7,586.11
= $20,478.78
Answer:
$5,870
Explanation:
Preparation for Rodgers Company Bank Reconciliation Statement
Cash balance per books, 5/31 $5,400
Add :Notes receivable and interest collected by bank $650
Total $6,050
Less: Bank charge for check printing ($40)
NSF check ($140)
Adjusted Cash Balance $5,870
Therefore the Adjusted Cash Book for Rodgers Company Bank Reconciliation Statement will be $5,870