If the interest rate is 10 percent, then the present value of $100 to be paid in 2 years is

You need to keep an inventory of all company computers. You want to use a mechanism that will help you to identify the assets. W

timama [110]

Answer: Labeling

Explanation:

The mechanism that can be used to keep an inventory of all company computers in order to help identify the assets is referred to as labeling.

Labeling is simply defined as the display of information about a certain product. This is vital to help customers easily identify the good and also makes it different from other.

5 0

2 years ago

Which deduction from your paystub is paid back later?

Charra [1.4K]

Federal Income tax is paid back later, it is a tribute that taxes the income of natural persons in the United States. It is applied by the Federal Government and it is returned if the tax they owe is less than the sum of the total amount of the withholding tax and the estimated taxes they pay.

4 0

2 years ago

Read 2 more answers

Which are costs of a college education? Check all that apply.

Korolek [52]

Answer:

Tuition

Books and fees

Academic scholarships

Students loan

7 0

2 years ago

Your first baby was born yesterday and is healthy and strong. To guard against your premature death, you want to purchase a life

jeka57 [31]

Answer:

assuming the interest rate is = 15% the life insurance should you should purchase = $497854.0773

Explanation:

Given that :

Annual income receipt = $58000

Assumption:

If we assume that the inflation rate π = 3% = 0.03

Also , let assume that the interest rate is = 15% = 0.15 since it is not given too

Then the effective interest rate = $\dfrac{ (i-\pi)}{(1+\pi)}$

the effective interest rate = $\dfrac{ (0.15-0.03)}{(1+0.03)}$

the effective interest rate = $\dfrac{ (0.12)}{(1.03)}$

the effective interest rate = 0.1165

the effective interest rate = 11.65%

Since n = $\infty$

The Principal amount of how much life insurance should you purchase is;

= Annual income receipt/the effective interest rate

= $58000/ 0.1165

= $497854.0773

3 0

3 years ago

MCO Leather manufactures leather purses. Each purse requires 3 pounds of direct materials at a cost of $4 per pound and 0.7 dire

sdas [7]

Answer:

Results are below.

Explanation:

Giving the following information:

Direct material:

Each purse requires 3 pounds of direct materials for $4 per pound.

The company’s policy is to end each month with direct materials inventory equal to 40% of the next month’s materials requirement.

At the end of August the company had 3,480 pounds of direct materials in inventory.

Direct labor:

0.7 direct labor hours at a rate of $17 per hour.

Overhead:

Variable manufacturing overhead is charged at a rate of $3 per direct labor hour.

Fixed manufacturing overhead is $13,000 per month. T

Production Budget:

September= 5,300 units

October= 6,900 units

November= 6,300 units

1) Direct material budget:

September (in pounds):

Production= 5,300*3= 15,900

Desired ending inventory= (6,900*3)*0.4= 8,280

Beginning inventory= (3,480)

Total pounds= 20,700

Total cost= 20,700*4= $82,800

October (in pounds):

Production= 6,900*3= 20,700

Desired ending inventory= (6,300*3)*0.4= 7,560

Beginning inventory= (8,280)

Total pounds= 19,980

Total cost= 19,980*4= $79,920

2) Direct labor:

September:

Total direct labor hours= 0.7*5,300= 3,710

Total cost= 3,710*17= $63,070

October:

Total direct labor hours= 0.7*6,900= 4,830

Total cost= 4,830*17= $82,110

3) Manufacturing overhead:

September:

Variable overhead= $3*3,710= $11,130

Fixed overhead= 13,000

Total overhead= $24,130

October:

Variable overhead= $3*4,830= $14,490

Fixed overhead= 13,000

Total overhead= $27,490

8 0

2 years ago