When you are saving money you are: A:gathering B:cutting back C:discounting D:accumulating

Suppose that the cost of refining oil increases from $15 to $25 for each barrel of heating oil produced. assuming that the rest

gavmur [86]

The price is 40 dollars because you have to plus it

5 0

3 years ago

Amy Parker, a 22-year-old and newly hired marine biologist, is quick to admit that she does not plan to keep close tabs on ho

lakkis [162]

Answer:

Final Value= $370,481.13

Explanation:

Giving the following information:

Amy's contribution, plus that of her employer, amounts to $2,150 per year starting at age 23. Amy expects this amount to increase by 3% each year until she retires at the age of 57 (there will be 35 EOY payments). Interest rate= 5%.

First, we will add the growth of the deposits to the interest rate:

Interest rate= 0.03 + 0.05= 0.08

Now, to calculate the final value, we need to use the following formula:

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

A= annual deposit= 2,150

i= 0.08

n= 35

FV= {2,150*[(1.08^35)-1]}/ 0.08= $370,481.13

6 0

3 years ago

The Thomlin Company forecasts that total overhead for the current year will be $11,100,000 with 160,000 total machine hours. Yea

katrin2010 [14]

Answer:

Results are below.

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 11,100,000/160,000

Predetermined manufacturing overhead rate= $69.375 per machine hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 69.375*81,000

Allocated MOH= $5,619,375

Finally, we can determine the under/over allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 7,950,000 - 5,619,375

Under/over applied overhead= $2,330,625 underallocated

5 0

3 years ago

Austin works as a tutor for $9 an hour and as a waiter for $11 an hour. This month, he worked a combined total of 86 hours at hi

erma4kov [3.2K]

Answer:

total dollar amount he earned this month is 946 - 2 t

Explanation:

given data

tutor = $9

waiter = $11

total time = 86 hours

to find out

total amount earned

solution

as given we consider here no of hours as tutor work = t

so as waiter he work for no of hours = ( 86 - t )

so here

total amount is earned is 9 × t + 11 × ( 86 - t )

total amount is earned = 9 t + 946 - 11 t

total amount is earned = 946 - 2 t

so total dollar amount he earned this month is 946 - 2 t

6 0

3 years ago

Three primary ledgers used in double-entry bookkeeping?

Galina-37 [17]

Answer:

General ledger

The chart of accounts

Journals

Explanation:

The general ledger contains all the transactions carried out and registered by the company.

The chart of accounts is lists and codes all the accounts that are used by the by the company, e.g. cash might be account 101.

The journal entries are the individual entries recorded in the general ledger or any other specific ledger.

7 0

3 years ago

When you are saving money you are: A:gathering B:cutting back C:discounting D:accumulating​

When you are saving money you are: A:gathering B:cutting back C:discounting D:accumulating