When businesses raise the price of a needed product or service after a natural disas this is known as

Assumes ABC Company had 50 units in beginning Finished Goods Inventory and sold 1,213 units. Additional data includes: Units pro

worty [1.4K]

Answer:

Dollar amount of ending Finished Goods Inventory = $1,073

Explanation:

The first step is to calculate the cost per unit.

Using absorption costing, the cost of one unit is

Cost per unit = direct materials + direct labor + variable manufacturing overhead + fixed manufacturing overhead per unit.

$Cost = 12 + 8 +2 + 7\\Cost = 29$

Now, the number of units left in inventory should be defined

Finished Goods Inventory (FGI) = Beginning Finished Goods Inventory + Units produced - units sold

$FGI = 50 +1200 - 1213\\FGI = 37$

The dollar amount of ending Finished Goods Inventory is FGI multiplied by the cost per unit.

$37*29 = 1,073$

3 0

3 years ago

The number of people employed in one country is 230 million, with a total number of unemployed people at 40 million. The total p

Leto [7]

Answer:

14.81%

Explanation:

Unemployment rate = (unemployed people/ labour force ) x 100

Labour force = unemployed people + employed people

= 230 million + 40 million = 270 million

(40 / 270) × 100 = 14.81%

I hope my answer helps you

3 0

3 years ago

Rank the volumetric energy density (J/L) of the following transportation fuels from low to high (1= lowest and 4 = highest). Hin

algol13

Answer:

Explanation: Volumetric energy density is the calculation of how much energy is contained in a system compared to its volume expressed in Megajoules per liter.

Listed below are transport fuels from lowest to highest:

1. Compressed natural gas - 9MJ/L

2. Ethanol - 24MJ/L

3. Gasoline - 34.2 MJ/L

4. Diesel - 38MJ/L

4 0

4 years ago

The amount of systematic risk present in a particular risky asset, relative to the systematic risk present in an average risky a

Margaret [11]

Answer: Option A

Explanation: For finance, an investment's beta (β or beta coefficient) is a measure of risk as opposed to idiosyncratic variables resulting from vulnerability to current market fluctuations.

The financial assets ' equity pool has a beta of precisely 1. A beta under 1 may imply either a less volatility in investment than the market, or a volatile portfolio whose price changes are not closely linked to the industry.Beta is relevant because it calculates the risk of a diversification-free investment.

6 0

4 years ago

What is TRUE about non-depository financial institutions?

yKpoI14uk [10]

Non-Depository financial institutions are those institutions that provide various financial assistance. These institutions serves as an intermediaries between borrowers and savers. ... The non-depository financial institutions include commercial banks, credit unions, and saving banks. Therefore, option D is correct

7 0

3 years ago