Answer:
Adriana Corporation
Using the High and Low method the Variable and Fixed portions of the Total Cost is:
Fixed Costs = $247,420
Variable Costs = $39.50 Per unit x 8,020 Machine Hours = $316,790
B. at an average of 7,500hrs Machine hours, the estimated Overhead costs = $247,420 x (39.50 x 7,500)
= $543,670
Explanation:
The High and Low Method is a costing method which attempts to split the mix of Fixed and Variable costs in a mixed Total cost of production by looking at one element of variability (in this case Machine Hours)
It is a subjective approach, however simple to calculate. Other method is the regression analysis, which is more complex in comparison to the high and Low
The attached excel file shows how we derived the Variable and Fixed Costs element of the Overhead Costs
djsjsb
cvhjedskjb
gdggd
Answer:
The correct answer is B. Stereotyping
Explanation:
The stereotype is a concept, idea or image model that is attributed to people or social groups, often in a preconceived way and without theoretical foundations.
In short, stereotypes are impressions, prejudices and labels created in a generalized and simplified manner by common sense.
With the development of societies, stereotypes were created and standardized various aspects related to human beings and their actions.
In this way, these models or clichés have been repeated over time, which has generated impersonal patterns and preconceived ideas, which in turn have been reproduced by cultures and replicated in the media, such as television, internet and many Sometimes they are used in humorous programs.
Answer:
A). Ending Inventory = Beginning Inventory + Units Produced-Sales
Example
For March = 9375-4250 = 5125
For April = 5125+9375-8250 = 6250
B). ) Inventory cost = $12*Ending Inventory
Financing Cost = 0.01*Inventory Cost
For March = 12* 5125 = 61500 = Inventory Cost
Financing Cost = 0.01*61500 = $615
Adding for all months
Total Financing cost = $1620
Answer:
$34,500
Explanation:
Depreciation is the systematic allocation of the cost of an asset to p/l based on its estimated useful life.
Assets are initially recorded at cost be carried subsequently at the net book value which is the cost less residual or salvage value then divided by the estimated useful life. Mathematically, using the straight line method,
Depreciation = (cost - residual value)/useful life
let the residual value ( which is the estimated value obtainable from the disposal of the asset at the end of its estimated useful life) be p
4000 = (66500 - p)/8
32000 = 66500 - p
p = 66500 - 32000
= $34,500
Answer:
B) may be less than the variance of the least risky stock in the portfolio
Explanation:
In the case when the portfolio of the stock is well diversified so the variance of the portfolio should be less as compared to the variance that have less risky stock because if we diversify the risk so it would lead in the less risk for the total portfolio
Therefore the option b is correct