Hey there!
The correct answer to this is D. Try to remove the obstacle that's blocking the goal. By doing so, we can create a positive change in our life :)
Thanks! :D
Answer:
loan interest revenue for 2020 is $720
loan interest revenue for 2021 is $240
Explanation:
The loan interest revenue in the year 2020 is for 9 months out of the total loan tenure of twelve months:
interest revenue for 2020=$16,000*6%*9/12=$720.00
This would be debited to interest receivable and credited to interest revenue account.
interest revenue for 2021=$16,000*6%*3/12=$240.00
Answer:
budgeted direct-labor rate= $700 per direct labor hour
Explanation:
Giving the following information:
Budgeted total direct-labor costs $14,000,000
Budgeted total direct-labor hours 200,000
To determine the direct-labor cost rate, we need to use the following formula:
budgeted direct-labor rate= total amount of direct labor cost/ total amount of direct labor hours
budgeted direct-labor rate= 14,000,000/200,000= $700 per direct labor hour
15.9% is its stock out probability if Store A’s order quantity is 800 units
Solution:
z-score = 
= (800-500)/300 = 1
So , in-stock probability = NORM.S.DIST(1,TRUE) = 0.841345
Hence stock-out probability = 1 - 0.841345
= 0.158655
= 15.9% (Approximately)
