<span>If the FDIC possesses an insurance fund of $67.8 billion and needs to allocate 7.6% towards covering several failed banks, how much funds remain in the reserve? <span>Approximately $62.65 billion remains in the fund. </span></span>
To calculate:
Approximate remaining funds = ($67.8 billion)(0.076) = $5.15 billion
<span>Approximate remaining funds = $67.8 billion - $5.15 billion </span>
<span>Approximate remaining funds = $62.65 billion</span>
Calculate 0.13 multiplied by 75: $9.75.
Now, multiply that result by 5: $48.75.
Answer:
Instructions are provided below.
Explanation:
To start, we must determine the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead expenses for the period/ total allocation base amount
Predetermined manufacturing overhead rate= (680,000/80,000) + 0.5
Predetermined manufacturing overhead rate= $9 for each direct labor hour
Next, let’s find the total cost for Xavier:
Direct Material $38,000
Direct Labor Cost $21,000
Direct Labor hours worked 280
Total cost= direct materials + direct labor + allocated overhead
Total cost= 38,000 + 21,000 + 280*9
Total cost= $61,520
1. 300 tires 2. 150 units 3. 32 times 4. 11.4 days 5. $2,400 6. $2,400
Answer:
d. pertains to a firm's distinctive methods for creating additional value.
Explanation:
Competitive advantage refers to the edge a company has over its rivals. This can be achieved through various means such as providing value products, optimal quality, and excellent services that may entice customers away from competitors to their advantage.
The goal is to generate added value for the company's offerings, utilizing innovative concepts to attract customers and enhance satisfaction, ultimately leading to the fulfillment of corporate objectives.
