Answer:
$424.36
Explanation:
The applicable formula =M= P ( 1+ r)^2
Where M is the amount after two years
P = principal amount: $400
r = interest rate: 3% or 0.03
n =number of period :2
M= $400 x ( 1+ 0.03) ^ 2
M=$400 x 1.0609
M= $424.36
Answer:
Overhead rate is $30.4
So option (c) is correct option
Explanation:
We have given total estimated overhead = $85120
Estimated direct labor hours = 2800
Actual manufacturing overhead for the year = $86870
Actual labor hour = 2700
We have to find overhead rate for the year
Overhead rate is equal to the ratio of estimated overhead to estimated labor hour
Therefore overhead rate
$
So option (c) is correct
How many people are in the country, living here illegally, how many have a job.
Answer:
The correct answer is: marginal cost; average variable cost.
Explanation:
The supply curve of a perfectly competitive firm is equal to its marginal cost curve above the minimum point of its average variable cost. This happens because the firm supplies at the point where its price is equal to marginal cost and covering the average variable cost.
In case the product price does not cover the average variable cost, the firm will stop production.