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2 years ago

President's salaries, depreciation of office furniture, and office supplies are

1 answer:

6 0

<span>These are administrative expenses. These expenses are not directly tied to sales or production, but they are still cash outlays nonetheless and need to be accounted for. They are related to the entire company, in comparison to expenses that can be pinned to specific parts of the business.</span>

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Diminishing returns to physical capital means that when the amount of human capital per worker and the state of technology are h

-BARSIC- [3]

Answer:

a. a smaller increase in the marginal product of labor.

Explanation:

The law of diminishing returns to physical capital states that as more and more input are added to fixed factors of production, output increases at a decreasing rate.

For there to be output growth, physical capital should be increased less than human capital and technological progress.

I hope my answer helps you

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3 years ago

Assume the spot Swiss franc is $0.7000 and the six-month forward rate is $0.6950. What is the minimum price that a six-month Ame

Rama09 [41]

Answer:

2 cents

Explanation:

The spot price = $0.7000 = 70 cents, The forward rate = $0.6950 = 69.5 cents and the call option with striking price = $0.6800 = 68.00 cents

The annualized six month rate = 3 1/2 % = 3.5 %, therefore the rate = r/n, where n is the number of period per year = 2. Therefore r/n = 3.5% / 2 = 0.035 / 2 = 0.0175

The minimum price = Maximum (spot price - striking price, (forward rate - striking price) / (1 + 0.0175), 0) = Maximum(70 - 68, (69.5 - 68)/ 0.0175, 0)

Minimum price = Maximum (2 , 1.47, 0) = 2 cents

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3 years ago

A company purchases shipments of machine components and uses this acceptance sampling plan: Randomly select and test 26 componen

Inessa [10]

Answer: 0.7973

Explanation:

Binomial probability formula :-

$P(x)=^nC_x\ p^x(1-p)^{n-x}$ , where P(x) is the probability of getting success in x trials , p is the probability of success in one trial and n is the number of trials.

Given : The probability of getting a defect components : $0.06$

If randomly select and test 26 components , then the probability that this whole shipment will be accepted will be :-

$P(x$

Hence, the probability that this whole shipment will be accepted = 0.7973

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3 years ago

A the production possibilities frontier (PPF) is bowed outward as a result of:_________

vodomira [7]

Answer: 2) increasing opportunity costs.

Explanation:

The Production Possibilities frontier is bowed out as it shows that for one more unit of a good to be produced, an additional unit of the other good must be given up.

This represents increasing opportunity costs because opportunity cost is the cost we incur for choosing one alternative over another. By producing more and more of one good, we give up more and more of the other good which means that our opportunity cost rises.

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3 years ago

The following annual amounts pertain to the Wolf Company: Estimated Overhead Costs $ 101,988 Estimated Direct Labor hours 67,992

mezya [45]

Answer:

under applied by $1,000.

Explanation:

The formula is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $101,998 ÷ 67,992 hours

= $1.50

Now we have to find the applied overhead which equal to

= Actual direct labor-hours × predetermined overhead rate

= 70,000 hours × $1.50

= $105,000

So, the ending overhead equals to

= Actual manufacturing overhead - actual overhead

= $106,000 - $105,000

= $1,000 under-applied

8 0

2 years ago