Answer:
The following entries would be made.
Stefan Ceramics
Sr. No Particulars Debit credit
1 Merchandise Inventory 291600
Accounts Payable/ Cash 291600
For purchase of 720 kgs of tungsten carbide at $280 per kg (720*280=291600)
Accounts Payable or cash depending on whether material was purchased for cash or through accounts payable( creditors).
2 Work In Process 291600 Dr
Merchandise Inventory 291600 Cr
For use of 720 kgs of tungsten carbide . As there is no ending inventory the whole of the material is charged to production.
Answer:The extra cost is$ 0.72
Explanation:
Using the formula √2DCO/CC
Where CO = ordering cost per order
D = Demand per annum
CC = carrying cost or holding cost per annum
Demand = 1000*52 = 52,000 per annum
ordering cost = $15 per order
Holding Cost = 15/100*52,000 = 7,800 per annum
√2DCO/CC
√2*15*52,000/7,800
√1,560,000/7,800
√200
= $14.14
Extra Cost wiil be
900*52 = 46,800 per annum
√2*15* 46,800/7,800
√1,404,000/7,800
√180
13.42
Therefore the extra cost is
14.14 - 13.42
= $0.72
1. identify decision
2. gather information
3. identify alternatives
4. weigh the evidence
5. choose among alternatives
6. take action
7. review your decision
Answer: B. The invoice should be sent to Ventura Communications, 58 Jackrabbit Avenue, Suite 10, Phoenix, AZ 85745, no later than March 4, 2008
Explanation:
Option B is correct because it was punctuated properly.
When writing an address, the distinct parts should have a comma after them to distinguish them. The name of the Addressee should have a comma after it, the physical address as well, and the town/ city.
The state abbreviation and the zip code need no comma between them neither do the month and the day in the date.
If you need any more information, do comment. Cheers.
Answer:
The money you will have is $98020.
Explanation:
It is given that grandparents deposit $2,000 each year on birthday and the account pays 7% interest compounded annually also the time is 21 years.
we will use the compound interest formula 
.
For the first birthday the amount after 21 yr will be:
Similarly for the second birthday amount after 20yr will be:
likewise, the last compound will be:
The total value of such compounding would be
:
![\text {Total amount}=2000[(1+\frac{7}{100})^{21}+(1+\frac{7}{100})^{20}...(1+\frac{7}{100})^{1}]](https://tex.z-dn.net/?f=%5Ctext%20%7BTotal%20amount%7D%3D2000%5B%281%2B%5Cfrac%7B7%7D%7B100%7D%29%5E%7B21%7D%2B%281%2B%5Cfrac%7B7%7D%7B100%7D%29%5E%7B20%7D...%281%2B%5Cfrac%7B7%7D%7B100%7D%29%5E%7B1%7D%5D)
The total amount just after your grandparents make their deposit is:
≈($96020+2000)
≈$98020
Hence, the money you will have is $98020.
