Answer:
Yes, the offer was accepted before Barney had notice of the revocation.
Explanation:
Fred can revoke his offer at any time before acceptance (2 March), because there is no consideration to keep the offer open. However, Barney has called Fred to accept the offer, before receiving the revocation by mail which Barney has received on March 3
Answer:
Taylor can withdrawn 1,374.20 dollars each month
Explanation:
Timeline:
deposits of 444 for 20 years = withdrawals of X for 15 years
<-----/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/---\\-\-\-\-\-\-\-\-\-\-\-\->
We must calcualte amount to satisfy:
future value of his deposits = present value of his withdrawals
We first need to get the future value of the retirement account
and then the PMT this fund can do.
<u>deposits future value:</u>
C $ 444
time 240 (20 years x 12 months er year)
rate 0.003333333 ( 0.04 annual rate / 12 months = monthly rate)
FV $162,847.9340
<u>withdrawals PMT:</u>
PV $162,847.93
time 180
rate 0.005
C $ 1,374.203
Answer:
C) $200.00
Explanation:
Absorption Product Cost = Direct Labor + Direct Materials + Variable Overheads + Fixed Overheads
Thus, we need to Calculate the Total Cost of Goods Manufactured as follows :
Direct materials used $160,000
Direct labor $100,000
Variable factory overhead $60,000
Fixed factory overhead $80,000
Total Cost of Goods Manufactured $400,000
Then Calculate the product cost per unit
Product cost per unit = Total Cost / Total Production
= $400,000 / ($315,000/$225.00 + 600)
= $400,000 / 2,000
= $200.00
Note : Total Production = Units Sold <em>plus</em> Ending Finished Goods Inventory
CFCs already in the atmosphere will last for many more years.
Answer:
$405,000
Explanation:
The computation of the ending inventory reported is shown below:
Inventory on December 31,2018 $325,000
Add: Goods purchased from a vendor i.e shipping point $30,000
Add: Goods sold FOB destination to customer $38,000
Add: consignment by Brecht Inc $12,000
Ending inventory reported $405,000
In the above cases, the added items indicates the ownership is transferred to buyer , received by buyer and remains with the buyer