Answer:
$1,282.80
Explanation:
The PMT formula is used for this question. The attachment is shown below:
The NPER shows the time period
Given that,
Present value = $300,000 - $30000 = $270,000
Future value = $0
Rate of interest = 4% ÷ 12 months = 0.33%
NPER = 30 years × 12 months = 360 months
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the answer is $1,282.80
Answer: The product life cycle of a unique marketing can be characterized by introduction, growth, maturity and decline.
Explanation:
The product life cycle of a unique marketing can be characterized by introduction, growth, maturity and decline.
Introduction; This is viewed as an entry level into the market. Where the goods begin to gain a little recognition
Growth; this is described as a movement from introduction to a fast or slow consistent rapid growth of the product in the market.
Maturity; is described as the growth from the growth category, where the product gain some market stability and is now known by the public.
Decline; is the stage of slow and loss of recognition in the market space which could be caused by lack of creativity or consistency drop
While some products may stay in a prolonged maturity state, all products eventually phase out of the market due to several factors including saturation, increased competition, decreased demand and dropping sales
Answer:
B. procure-to-pay cycle.
Explanation:
Procure to pay -
It is the method of purchasing , requisitioning , accounting or paying for any services or goods .
It is the set of activities , which are needed firstly , to detect the need , to assign the supplier , approve it , acknowledge the receipt and at last payment to the supplier .
Hence , the correct term for the given statement is B. procure-to-pay cycle .
Answer:
Work in process inventory at April 30 is $4,700
Explanation:
In this question, we apply the cost of goods manufactured formula which is shown below:
Cost of goods manufactured = Opening balance of work in progress + total manufacturing cost - ending balance of work in progress
where,
Total manufacturing cost = Direct material + direct labor + overhead
= $27,000 + $30,000 + $8,000
= $65,000
So, the ending balance work in progress equal to
= $9,000 + $65,000 - $69,300
= $4,700
Answer:
E. Customer satisfaction
Explanation:
Customer satisfaction is a benefit and not a cost.