Answer:
C) $95 F
Explanation:
Planned cost of materials and supplies = $2,230
Actual cost of materials and supplies = $2,160
Flexible budget for November = $2,230 - $2,285 + 25 = $95 F.
It is is favorable (F) because Actual cost of materials and supplies is less than the Planned cost of materials and supplies.
I think this is a cooperative
Answer:
makes $4,000 in total revenue
Explanation:
Total revenue = price × quantity sold
= $2 × 2000 = $4,000
The farmer makes $4,000 in total revenue
Total cost = $1600 + $400 + $2000 = $4,000
Profit / loss = Total revenue- Total Cost
= $4000 - $4000 = $0
The Project Sponsor ensures, that for each investment, the following studies are ...
Answer:
If investment is made for one year, Future value = $8240
If investment is made for two years, Future value = $8487.2
Explanation:
The future value of a cash flow can be calculated using the following formula,
Future value = Present value * (1+i)^t
Where,
- i is the rate of interest
- t is the time period
As the interest rate is compounded annually, the future value after one year will be,
<u>After one year</u>
Future value = 8000 * (1+0.03)^1
Future value = $8240
<u>After two year</u>
Future value = 8000 * (1+0.03)^2
Future value = $8487.2