Answer:
M1 allocated joint cost is $196,521.63
Explanation:
In calculating the joint cost allocated to product M1, the formula below comes handy:
M1 allocated joint cost=M1 net realizable value/total realizable value*total joint costs
Note that net realizable value id the selling price less further to make the sales,since there is no further costs to be incurred in making the sale, the selling price ultimately is the net realizable value.
M1 net realizable value is $402,000
total realizable value is $763,000
total joint cost is $373,000
M1 allocated joint cost=$402,000/$763,000*$373,000
M1 allocated joint cost= $196,521.63
Answer:
The book value of a share of Simple stock is $18 per share
Explanation:
The computation of the book value of a share is shown below
Book value per share = (Total equity) ÷ (number of shares)
where,
Total equity = Total issued shares value + retained earnings
= $25,000 + $47,000
= $72,000
And, the number of shares is 4,000 shares
Now put these values to the above formula
So, the value would be equal to
= $72,000 ÷ 4,000 shares
= $18 per share
Answer:
raises
rises
rises
increase
higher
decrease
rise
away from bread and toward cereal
rises
Explanation:
Complementary goods are goods that are consumed together
If the price of chowder falls, the quantity demanded of chowder increases in law with the law of demand.
According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
If the quantity demanded of chowder increases, the demand for oyster increases also.
Due to the increase in the demand for oysters, suppliers would want to increase their supply of oysters. This would lead to an increased demand for inputs of which wheat flour is one of them. So, the quantity demanded of wheat would increase.
The increase in demand for flour would shift the demand curve for flour to the right and this would lead to a rise in price of flour.
The increase in price of flour would increase the cost of making bread. As a result, the supply of bread would fall. the fall in supply would lead to a rise in price of bread. As a result of the rise in price of bread, the demand for a substitute (cereal) would increase
Substitute goods are goods that can be used in place of another good.
Answer:
The capital budget is the correct answer to this question.
Explanation:
The capital budget varies from the budget period because its elements are of a long-term type. The capital budget is made up of capital expenditures and payments.
Capital budgeting is critical because it provides transparency and quantification. The capital budgeting method is a tangible way for companies to assess the long-term financial and economic feasibility of any development plan. The decision on capital budgeting is both a financial undertaking and an investment.
Answer:
The answer is B. $45.00 per hour; $120.00 per hour
Explanation:
highminusoutput
Fixed costs 400000/16000= $25
variable costs 320000/16000= $20
Total <u>=$45</u>
<u />
lowminusoutput
Fixed costs 400000/4000 = $100
variable costs 80000/4000 = $20
Total =<u>$120</u>