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2 years ago

Go back to the Standard Repayment plan in #1 above. Now pay an extra $100 per month (this gets put toward the principal),.

Business

1 answer:

Solnce55 [7]2 years ago

6 0

Answer:

3000* (1+ 0.06) (that little 1 at the corner there <)

= $3,180

3,180 - 3000 = $180 first year

180/12 =$15 per month

The formula is

Principal (money borrowed/3000$) times/*/x (1+ rate (0.06) ) to the power of 1

Please correct me if i got it wrong i’m studying this in class too.

Explanation:

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acuBlade Castings Inc. casts blades for turbine engines. Within the Casting Department, alloy is first melted in a crucible, the

romanna [79]

Answer:

For complete understanding lets first make EPU (Equivalent Production Unit)

Direct Material Conversion

Units completed &transferred out 6,800 6,800

Closing WIP 500 100(500*20%)

Total units 7,300 6,900

Closing WIP units = Opening WIP +During the year - units completed

= 700 + 6,600 - 6,800

=500 units

On the basis of weighted average method following will be cost per unit:

Total Direct material cost/unit = (70,000 + 633,600)/7,300 = 96.3835

Total conversion cost/unit =(4,410+53,520+80,280(53,520*150%))/6,900=20.0304

Therefore, following would be the entries

WIP 767,400

Material 633,600

Conversion 133.800 (53,520+80,280)

Finished goods 791,615 (96.3838+20.0304)*6,800

WIP 791,615

Working for closing unit

Material (500*96.3835) = 48,191

Conversion (500*20%*20.0304) = 2003.043

3 0

3 years ago

Which items are consequences of globalized trade for a developed nation that begins to import more goods and services from less-

Vaselesa [24]

Answer:

Globalization has resulted in great opportunities for businesses from less developed countries to take a hold over the more and much bigger markets from all over the world. Hence, the business over there has the opportunity for better capital flow, human capital, technology, larger export, and low-cost imports, And since they export their products at lower rates, the developed countries import from them more goods and services to save capital.

However,

1. These products lack quality.

2, And they are more prone to defects as well as wear and tear, as a developed country's technology is far superior to those of developing countries. However, now the developing countries are picking up the speed, and coming up with better technology to match that of developed, because of better education facilities, and proper training.

Explanation:

Please check the answer.

5 0

3 years ago

The Golden Rule means to treat others the way you want to be treated. This should prevent you from being rude, ugly, mean, disho

olganol [36]

Answer:

True

Explanation:

You should always treat others the way you want to be treated. If you were the one who could be treated badly, would your actions be different?

7 0

3 years ago

Read 2 more answers

You want to have $13,000 in 9 years for a dream vacation. If you can earn an interest rate of .4 percent per month, how much wil

alexdok [17]

Answer:

PV= $8,447

Explanation:

Giving the following information:

Future value= $13,000

Number of months= 9*12= 108

Interest rate= 0.4/100= 0.004 compounded montlhy

To calculate the initial investment required, we need to use the following formula:

PV= FV/(1+i)^n

PV= 13,000/(1.004^108)

PV= $8,447

7 0

2 years ago

While sitting beside a swimming pool, your neighbor Bob, a roof installer, tells you that you should buy stock in HotNet because

Nesterboy [21]

Answer: d) Cannot sue Bob for misrepresentation

Explanation: A misrepresentation is a false statement made from one person to another that a certain fact is true or accurate when it is indeed false. The fact that the value of the stock I bought on Bob's opinion does not give me the right to sue him for misrepresentation (intentional). The reason is this, Bob's expression of his opinion concerning the HotNet stock does not usually constitute a misrepresentation even when it turns out that his opinion is incorrect. It wasn't intended, however, he could be sued for negligent misrepresentation.

8 0

3 years ago