For the current period production levels, xl molding co. budgeted 8,500 board feet of production and used 9,000 board feet for actual production. material cost was budgeted at $2 per foot. the actual cost for the period was $3 per foot. what was xl's material efficiency variance for the period? a. $1,000 favorable. b. $1,000 unfavorable. c. $1,500 favorable. d. $1,500 unfavorable.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

u = 30

continuing your method

= +

subtract from both sides

= - thus

= -

= ⇒ u = 30

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answerindustrial revolution;