Answer:
(1) Depreciation on factory equipment. ____MOH
(2) Depreciation on delivery trucks. ____ Period Cost
(3) Wood used to build a bookcase. ____Direct Material
(4) Production supervisor’s salary. ____ MOH
(5) Glue and screws used in the bookcases. ____ MOH
(6) Wages of persons who assemble the bookcases. ____Direct Labor
(7) Cost to run an ad on local radio stations. ____Period Cost
(8) Rent for the factory. ____ MOH
(9) CEO’s salary. ____ Period Cost
(10) Wages of person who sands the wood after it is cut.
Direct Labor
Period Cost are costs that are not directly involved in the manufacturing costs of a product but are incurred in a particular period. These expenses include advertising and selling expenses.
Direct Materials are material used to make a product . For example wood is a direct material for making shelves.
Direct Labor are the wages paid to the people who work in the production of a product.
Manufacturing Overheads are charges associated with the manufacturing of a product.they are indirect costs of the production like rent of the building etc.
Answer: marketing
Explanation: In simple words, marketing refers to the set of activities that are performed by an organisation with the objective promoting the products that they are offering in the market.
It focuses on providing the customer those products that increases their level of satisfaction to the maximum level. It involves ascertaining the needs of customers and then making a suitable product.
Thus, from the above we can conclude that the correct option is C.
Money serves as a good store of value except when an economy experiences a period of INFLATION.
<span>D. Because mechanical convection is the transfer of heat to a free flowing fluid on a heated surface.</span>
Answer:
Total FV= $7,313.7
Explanation:
Giving the following information:
Year Cash Flow 1 $ 1,040 2 1,270 3 1,490 4 2,230
Discount rate= 9% = 0.09
<u>To calculate the future value, we need to use the following formula on each cash flow</u>:
FV= Cf*(1+i)^n
FV1= 1,040*(1.09^4)= 1,468.04
FV2= 1,270*(1.09^3)= 1.644.69
FV3= 1,490*(1.09^2)= 1,770.27
FV4= 2,230*1.09= 2,430.7
Total FV= $7,313.7
