Solution :
Annual payment =
1. The rate of interest annually = 12%
Present value
= $ 18,023.90
2. The rate of interest annually = 12%
Present value
= $ 20,186.75
3. The rate of interest annually = 12%
The rate of interest quarterly = 3%
Present value =
Answer:
Firm X is facing low elasticity of demand at its current level of output.
Explanation:
This is why Firm X is able to set such a high price of $24/unit when its marginal cost is $5/unit. Usually, a monopolist does not want to set prices and outputs in the inelastic range of the demand curve. It is always interested in setting profit-maximizing prices and outputs. Firm X should be wary of setting too high prices because consumers can decide to lower their demand.
Size of the organization, business model, nature of business and location are key factors in determining an organization's structure.
Answer:
Estimated manufacturing overhead rate= $30.5 per direct labor hour
Explanation:
Giving the following information:
Direct labor-hours= 79,000 labor-hours.
The estimated variable manufacturing overhead was $11.90 per labor-hour and the estimated total fixed manufacturing overhead was $1,469,400.
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= (1,469,400/79,000) + 11.9= $30.5 per direct labor hour
Explanation:
the federal receive the common thing