Answer:
4) All of the above
Explanation:
The day care program should have rewardedbeing on time to encourage this attitude.
Instead they put a price on being late. As parent considers this price cheap they arrive later to have some extra time beofre picking their childrens
Either the day care program reconsiders the fine policy and moves into a better program to estimulate being on time or it increases the "price" so is more expensive for the parents to come in time rather than paiying their fines.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Condelezza Co. expects to produce 10,000 units of Product A and 20,000 units of Product B in the coming year.
Budgeted factory overhead costs for the coming year are:
Assembly $310,000
Finishing 240,000
Total $550,000
The machine hours expected to be used in the coming year are as follows:
Assembly Dept.
Product A 15,100
Product B 4,900
Total 20,000
Finishing Dept.
Product A 9,000
Product B 11,000
Total 20,000
A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 550,000/40,000= $13.75 per machine hour
B) Departamental rates:
Assembly= 310,000/20,000= $15.5 per machine hour.
Finishing= 240,000/20,000= $12 per machine hour.
Answer:
You plan to save $370 per month starting today for the next 46 years at an interest rate of 9.7% will be <u>$791046.3155</u>
Explanation:
Rate = 9.7% / 12 = 0.808333%
Number of periods = 30 * 12 = 360
Future value = ( 1 + r) * Monthly payments * [ ( 1 + r)n - 1] / r
Future value = ( 1 + 0.00808333) * 370 * [ ( 1 + 0.00808333)360 - 1] / 0.00808333
Future value = 1.00808333 * 370 * 2,120.819723
Future value = $791046.3155
Answer:
Cat Insanity
An analogy for debt repayment:
a. The multiply rate is... the compound interest rate on the principal.
b. The # of cats is... the number of debts (loans) you hold.
c. Your food scoops are... the periodic repayments of principal and interest.
d. An underfed cat is... a damaged credit rating.
e. A dead cat is... bankruptcy caused by financial distress.
Explanation:
Cat Insanity is a game that teaches students what they will get by acquiring loans which must be repaid. It compares the feeding of cats as debt repayment. The game provides practical learnings for students to be wary of student loans. It concludes that failure to feed the cats leads to damaged credit ratings, and if the cats become dead, the student declares for bankruptcy.
The authors of the game are McKinney GCD Jenny Nicholson, Art Director Kathryn Moffitt, and Copywriter Jade Stoner. Their idea is to connect with students by exposing their future in a way they do not expect it to turn when they continue to acquire more and more student loans.
