no 6 is not a prime number because It has more than two multiples
Answer:
"The budgeted cost of goods sold" for June would be $5,640,000
Explanation:
Sales department budget for June = 220,000 units
Less-Opening balance as on 1st June = 72,000 units
Add-Closing balance as on 30th June = 40,000 units
No of unit manufactured = Sales department budget for June - Opening balance as on 1st June + Closing balance as on 30th June
= 220,000 - 72,000 + 40,000
= 188,000 units
Cost per unit = $30
Budgeted cost of manufactured = 188,000 × $30 = $5,640,000
Answer:
The effective annual rate of interest is 23.45%
Explanation:
Effective annual rate of interest=(1+annual interest)^365/t-1
Annual interest =discount rate/100%-discount rate
discount rate here is 2%
annual interest=2/100-2
=2.04%
T is the difference between the discount period of 10 days and credit period of 45 days
45-10=35 days
Effective annual rate of interest=(1+2.04%)^(365/35)-1
=(1.0204^10.42857143)
-1
= 1.2345 -1
=0.2345
=23.45%
Answer:
The correct answer is letter "A": is a systematic way to link an indirect cost or group of indirect costs to cost objects.
Explanation:
Cost allocation is the method of assigning costs to cost objects. Cost objects are items or activities that are preferable to have their own costs allocated such as a product or a department within a firm. Cost allocation is a measure of profitability at the moment of evaluating a subsidiary. It is mainly used for financial reporting purposes.
Answer:
total opportunity cost is $44
Explanation:
given data
parking fee = $4
earn = $10 per hour
time = 4 hour
to find out
opportunity cost
solution
we first find 4 hour earning that is
earning = earn × time
earning = 10 × 4
earning in 4 hours = $40
and
saving = $4
so total opportunity cost = saving + earning
total opportunity cost = $4 + $40
so total opportunity cost is $44