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A company borrows $50,000 at 3% interest on a compound basis. After three years the company wants to know how much they owe in total, including the interest. How much does the company owe at the end of three years?Round to the nearest whole number. ______

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A business sells a single product. The current selling price is $40, but this will be raised to $45. It has fixed costs of $360,000 and variable costs per unit of $20. Demand is 50,000 units a year.What is the sales volume required to maintain a profit of $140,000 at the new price? ______

An organisation expects to sell 50,000 units of product X in a month. The fixed costs of production are $99,000 and the variable costs are $3 per unit. The selling price is $7.50 per unit.What is the breakeven point for product X? ______

Steel Co makes metal shelving in a process that involves cutting shapes out of metal sheets. As a result, 10% of the raw materials are offcuts. In May, raw materials of 6,500 kg are used and there is an abnormal loss of 200kg.What is the quantity of good production achieved? ______

The costs of service department A and service department B need to be reapportioned to the two Production departments using the direct method. The total overhead costs of each department are as follows:Service department A is to be reapportioned to the production centres on the basis of number of employees. Service department B is to be reapportioned on the basis of machine hours.What is the total overhead cost of Production 1 after the reapportionment? ______

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