Answer:
Store A = $9
Store B = $8
Store C = $10
Explanation:
Finance charges calculated by average daily balance finance charges basis, adjusted balance method finance charges basis and Previous Balance Method Finance Charge basis is calculated as follows
Store A:
Average Daily Balance Finance Charge basis = ($500 + $400) /2
Average Daily Balance Finance Charge basis = $450
Finance Charges = $450 x (24% / 12)
Finance Charges = $9
Store B:
Adjusted Balance Method Finance Charge basis = $500 - $100
Adjusted Balance Method Finance Charge basis = $400
Finance Charges = $400 x (24% / 12)
Finance Charges = $8
Store C:
Previous Balance Method Finance Charge basis = $500 - $0
Previous Balance Method Finance Charge basis = $800
Finance Charges = $500 x (24% / 12)
Finance Charges = $10
Development is the term that refers to the continuous process by which individual changes during life.
Answer:
$1,933.32
Explanation:
Total materials handling cost for the year = $16,652.90
Total direct labor hours:
= [(Total expected units produced for wall mirrors × Expected direct labor hours per unit for wall mirrors) + (Total expected units produced for Specialty Windows × Expected direct labor hours per unit for Specialty Windows)]
= [(13,400 × 6) + (1,320 × 8)]
= 80,400 + 10,560
= 90,960
Cost per Direct labor hour:
= Total Expected material handling cost ÷ Total direct labor hours
= $16,652.90 ÷ 90,960
= $0.18308
Material handling Cost allocated to specialty windows:
= Cost per Direct labor hour × Direct labor Hours
= $0.18308 × (1,320 × 8)
= $0.18308 × 10,560
= $1,933.32
Therefore, the total materials handling cost allocated to the specialty windows is closest to $1,933.32 .
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Answer:
$638,000
Explanation:
The answer is simply the expenditure minus any selling from salvages.
First total Expenses(cost for land + cost for building) are as follow;
Land purchase: 64,000
Demolition: 6,000
Architect’s fees: 16,000
Legal fees for title investigation of land 4,000
Property taxes on land 3,400
Construction costs 540,000
Interest on construction loan 7,000.
.........................................................................
Total expenses = 64,000 +6,000+16,000+ 4,000+3,400+ 540,000 +7,000 = 640,400
Salvage sales = 2,400
Net Capital Cost = Total expenses - Salvage sales = $638,000