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Gre4nikov [31]
3 years ago
15

Department S had no work in process at the beginning of the period. It added 14,800 units of direct materials during the period

at a cost of $103,600; 11,100 units were completed during the period; and 3,700 units were 40% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $56,000 and factory overhead was $9,200. The total conversion costs for the period were a.$56,000 b.$9,200 c.$46,800 d.$65,200
Business
1 answer:
Neko [114]3 years ago
4 0

Answer:

d.$65,200

Explanation:

Calculation to determine what The total conversion costs for the period were

Direct labor $56,000

Add Factory overhead $9,200

Total conversion costs $65,200

($56,000+$9,200)

Therefore the total conversion costs for the period were $65,200

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Suppose you inherited $275,000 and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20
Diano4ka-milaya [45]

Answer:

$28,533.5

Explanation:

Principal value (PV) = $275,000

Time = 20 years

Rate = 8.25%

Present Value = P ((1-(1+R)^-n) / r)

275,000 = P ((1- (1 + 0.0825)^-20) /.0825)

275,000 x .0825 = P (1-(1/1.0825)^20)

22687.5 = P ((1.0825^20 - 1) / (1.0825 ^20))

22687.50 = P (4.8816 - 1 / 4.8816)

22687.5 = P (3.886 / 4.8816)

22687.5 = p(0.7951)

P = 22687.5 / 0.7951

P = $28533.5

6 0
3 years ago
Which of the following is most likely a topic of discussion in macroeconomics?an increase in the price of a hamburgera decrease
otez555 [7]

Answer:

a decrease in the unemployment rate

Explanation:

Macroeconomics is a branch of economics that studies the economy as a whole. Economic variables studied in macroenomics includes GDP, unemployment, inflation etc

Microeconomics is a branch of economics that studies the behaviour of economic agents- individuals and firms in the economy.

I hope my answer helps you

4 0
3 years ago
You have just won the lottery and will receive $530,000 in one year. You will receive payments for 25 years, and the payments wi
polet [3.4K]

Answer:

Present value= $3,642,651.54

Explanation:

Giving the following information:

You have just won the lottery and will receive $530,000 in one year. You will receive payments for 25 years, and the payments will increase by 4 percent per year. The appropriate discount rate is 10 percent.

First, we need to calculate the final value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual payment= 530,000

i= 0.04 + 0.10= 0.14

n= 25

FV= {530,000*[(1.14^25)-1]}/0.14

FV= 96,391,538.43

Now, we can calculate the present value:

PV= FV/(1+i)^n

PV= 96,391,538.43/ (1.14^25)

PV= $3,642,651.54

7 0
3 years ago
David is shopping for work supplies; he purchases 3 binders, 5 pens, and 2 reams of paper. The binders cost $3.50 each; the pens
AVprozaik [17]

Answer:

Im not 100% sure but the answer is C

Explanation:

7 0
3 years ago
On March 15, American Eagle declares a quarterly cash dividend of $0.075 per share payable on April 13 to all stockholders of re
slava [35]

Answer:

The Journal entries are as follows:

(i) On March 15,

Dividend [0.075×220,000,000] A/c    Dr. $16,500,000

To dividend payable                                                         $16,500,000

(To record the declaration of cash dividends)

(ii) On March 30,

No Journal entry required

(iii) On April 13,

Dividend payable A/c   Dr. $16,500,000

To cash                                                       $16,500,000

(To record the payment of cash dividends for its 220 million shares)

6 0
3 years ago
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