Primary functions are known as original functions. they are medium exchange and measure of value. (Main or Basic Functions)
secondary functions include standard of deferred payments, store of value and transfer of value. (Subsidiary or Derivative Functions)
Answer:
See below
Explanation:
Direct materials :
$18
Direct labor :
1.9 hours × $18 labor costs
$34.2
Overhead
1.9 labor hours × ($1.50 fixed rate + $1.0 variable rate)
$4.75
Total unit cost
$18 + $34.2 + $4.75
$56.95
Cost to produce 640 chairs :
640 chairs × $56.95 per chair = $36,448
Answer:
9.52%
Explanation:
Cost of equity can be determined using the capital asset pricing model
he capital asset price model: cost of equity = risk free + (beta x market risk premium )
Risk free return = return on a risk free asset
Beta is a measure of the systematic risk.
Risk premium = market rate of return - risk free rate
2.95% + (0.90 x 7.30%) = 9.52%
Answer:
Recognized gain
Explanation:
The character of the gain is Recognized gain. A recognized gain is a gain/profit that is gotten from the sale of one's asset when the asset is sold above the price that was initially paid for the assets. Therefore individual A after selling the Rental buildings, office equipment, Furniture and Land to Individual B, still rents the Building to commercial tenants in other to realize the remaining gain, from the sale of the assets.
Answer:
The answer is a.
Explanation:
I can safely say that in order to have an exact value of an average of $ 700, it is because an initial survey had to be made of people in 50 condominiums that allowed finding several sample means and finally finding the total sample mean, this data allows determining an exact average of reliable values supplied by respondents in the sample.