Answer:
3.73 years or 4 years approx
Explanation:
The computation of the number of years taken for money invested for double is shown below:
As we know that
Amount = Principal × (1 + interest rate ÷ time period)^interest rate × time period
where,
We assume the principal be P
And, the amount is 2P
And, the other values would remain the same
So,
2P = P (1 + 0.2044 ÷ time period)^ 1 × time period
2 = (1.2044)^ time period
Now take the log both sides
ln2 = ln (1.2044)^time period
ln2 - time period ln (1.2044)
So,
time period = ln(2) ÷ ln (1.2044)
= 3.73 years or 4 years approx
Answer:
The weighted-average cost by unit is $28,338.
Explanation:
AVCO Perpetual chart is attached.
AVCO Perpetual chart shows purchases , sales and balance of each period. Highlighted you will find the balance at the end of every purchase or sale.
When you have a purchase: Use the following formula to get the weighted-average cost by unit:
(P₁*Q₁)+(P₂*Q₂)/(Q₁+Q₂)
P₁ and Q₁ are the balance from operation that you made before.
P₂ and Q₂ is the data of the new operation (new purchase)
When you have a sale: you only discount the Quantity and use the average cost by unit to get the final inventory.
The balance at the end of October is
Units Unit Cost Total
76 $28,338 $2.153,720
Answer:
$112,000
Explanation:
The computation of using activity based costing for overhead costs to activity cost pools is below:-
Factory utilities for processing
= $99,000 × 0.30
= $29,700
Factory utilities for Setting up
= $99,000 × 0.50
= $49,500
Factory utilities for others
= $99,000 × 0.20
= $19,800
Total = $99,000
Indirect Labor for processing
= $13,000 × 0.20
= $2,600
Indirect labor for setting up
= $13,000 × 0.30
= $3,900
Indirect labor for others
= $13,000 × 0.50
= $6,500
Total = $13,000
Overhead costs = $99,000 + $13,000
= $112,000
The tool that they use in forecasting state economic growth,
having to keep in track with the business cycles throughout the year and having
to acquire information in regards with the health of the economy of texas is
the state of texas econometric model in which is helpful for them to attain the
following settings.
Answer:
Importing is when something comes into a country. Exporting is when something goes out of a country
Explanation:
If coffee is exported from the US and shipped to England. The coffee is imported into England.
