You can invest in an account that pays simple interest or an account that pays compound interest. In either case, you plan to invest $3,000 today and both accounts have an annual interest rate of 9 percent. How much more interest will you receive in the 11th year in the account that pays compound interest?

Which of the following entries would be made to record the requisition of $12,000 of direct materials and $6,900 of indirect materials? (assume that indirect materials are included in raw materials inventory.) a. manufacturing overhead 18,900 raw materials inventory 18,900 b. wip inventory 12,000 manufacturing overhead 6,900 raw materials inventory 18,900 c. raw materials inventory 18,900 wip inventory 18,900 d. wip inventory 18,900 raw materials inventory 18,900