Answer:
it is A-you will pay more on the principal of the loan.
Explanation:
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Answer:
a. $ 900 underapplied
Explanation:
Based on the data provided we conclude that the factory overhead is applied on the basis of direct labour hours.
Determination of Overhead rate
Estimated overhead $ 115,000
Direct labour hours 23,000 hours
Overhead rate per direct labor hour is $ 115,000/ 23,000 = $ 5 per direct labor hour
Amount of applied overhead = Direct Labor hours * Overhead rate per hour
Applied Overhead = $ 5 * 35,000 $ 175,000
Actual Overhead <u>$ 175,900</u>
Underapplied Overhead $( 900)
Answer:
Interest will be $5000
So option (A) will be correct option
Explanation:
We have given principal amount P = $500000
Rate of interest = 6 %
Time is November 1 to December 31
So time = 2 months = 0.1666 year
Interest is given by
Interest 
So option (a) will be correct option
Answer: Option E
Explanation: Opportunity cost refers to the cost of loosing profit while choosing one alternative over other.
Taking the given case into consideration, if we invest more in capital goods today then the future generation will get more consumer goods and vice - versa. However as the capital is a limited resources we have to make a choice between capital goods and consumer goods in the present.
Hence if we invest more in capital goods today we will be having less of consumer goods.
