Morshed and Jui couple have two children. The age of first child is 10 years old and the Morshed couple is expecting that their first child Alex will go to university after 8 years. And the university expected cost

after years will be approximate BDT 200,000. 00 per year, according to that to complete the four years degree

they need BDT 1,000,000. 00, how much should the couple begin depositing annually at the end of each year

to accumulate enough funds to pay each year’s tuition fees to continue Alex education? Assume that they can

earn a 6% annual rate of return on their investment

Vortex company operates a retail store with two departments. information about those departments follows. department a department b sales $ 800,000 $ 450,000 cost of goods sold 497,000 291,000 direct expenses salaries 125,000 88,000 insurance 20,000 10,000 utilities 24,000 14,000 depreciation 21,000 12,000 maintenance 7,000 5,000 the company also incurred the following indirect costs. salaries $36,000 insurance 6,000 depreciation 15,000 office expenses 50,000 indirect costs are allocated as follows: salaries on the basis of sales; insurance and depreciation on the basis of square footage; and office expenses on the basis of number of employees. additional information about the departments follows. department square footage number of employees a 28,000 75 b 12,000 50 required: 1. determine the departmental contribution to overhead and the departmental net income for department a and department b.