All categories

3 years ago

NEED HELP! (These 3 question are all connected to each other)

Business

1 answer:

mrs_skeptik [129]3 years ago

3 0

Answer:

1.) The interest you will pay is 0% 2.) $270.81 or just $271 Rounded to the nearest dollar and 3.) $1,251.93 or just $1,252 Rounded to the nearest dollar.

Explanation:

You might be interested in

Merone Company allocates materials handling cost to the company's two products using the below data: Modular Homes Prefab Barns

Lady_Fox [76]

Answer:

Modular homes= $182,325

Explanation:

Giving the following information:

Modular Homes - Prefab Barns

Total expected material moves 500 100

The total materials handling cost for the year is expected to be $218,790.

To calculate the allocated costs to each product line, first, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 218,790/600

Predetermined manufacturing overhead rate= $364.65 per move

Now, we can allocate overhead:

Modular homes= 364.65*500= $182,325

Prefab Barnes= 364.65*100= $36,465

3 0

3 years ago

Over the past decade, household debt has

vaieri [72.5K]

The household debt has Risen

7 0

4 years ago

Read 2 more answers

Roger is currently in the hospital, having been diagnosed with terminal cancer. Roger would like Kim, a close friend, to make an

Kisachek [45]

Answer:

The correct answer is letter "E": a durable power of attorney.

Explanation:

A power of attorney is a document stating another party is legally right to act on an individual's behalf. As soon as the individual is capable to handle business, the power of attorney loses validity.

A durable power of attorney, instead, is used when the individual delegating power to another party has knowledge of being impaired soon and possibly is not going to recover. Thus, the durable power of attorney will be valid since the individual cannot handle business until the moment of his or her decease. During that time, the selected party is right to make health and finance decisions on behalf of the individual.

5 0

4 years ago

Suppose that you were born in 2001. Also, suppose that your mother received a $100 baby shower gift at your birth. How much woul

SpyIntel [72]

Answer:

$135.52

Explanation:

Calculation for How much would it cost to buy a similar amount of goods and services in 2016

Using this formula

Cost to buy similar amount of goods and services in 2016=Amount in 2001x (Price level 2016/Price level 2001)

Let plug in the formula

Cost to buy similar amount of goods and services in 2016=$100*(240.0/177.1)

Cost to buy similar amount of goods and services in 2016=$100*1.3552

Cost to buy similar amount of goods and services in 2016=$135.52

Therefore How much would it cost to buy a similar amount of goods and services in 2016 is $135.52

4 0

3 years ago

Airline Accessories has the following current assets: cash, $112 million; receivables, $104 million; inventory, $192 million; an

ioda

Answer:

Current Ratio = 2.67

Acid-Test Ratio = 1.50

Explanation:

Given:

Current assets:

cash = $112 million

receivables = $104 million

inventory = $192 million

other current assets = $28 million

Liabilities:

accounts payable = $118 million

current portion of long-term debt = $45 million

Long-term debt = $33 million

FInd:

Current ratio

Acid-test ratio

Computation:

Current assets = Cash + Receivables + Inventory + Other Current Assets

Current assets = [112 + 104 + 192 + 28] Million

Current assets = $436 million

Current Liabilities = Accounts Payable + Current portion of Long term debt

Current Liabilities = [118 + 45] million

Current Liabilities = $163 million

Current Ratio = Current assets / Current Liabilities

Current Ratio = $436 Million / $163 Million

Current Ratio = 2.67

Acid-Test Ratio = [Current Assets – Inventories] / Current Liabilities

Acid-Test Ratio = [$436 Million - $192 Million] / $163 Million

Acid-Test Ratio = $244 Million / $163 Million

Acid-Test Ratio = 1.50

4 0

3 years ago