Answer:
$168,841
.2
Explanation:
Equivalent unit of material = Units transferred + Units in ending work × Material percentage
= 6,600 + (2,300 × 70%)
= 8,210
Equivalent unit of conversion = Units transferred + Units in ending work × conversion percentage
6,600 + (2,300 × 55%)
= 7,865
Cost per equivalent unit of material = (Beginning Materials costs + Materials costs during the months) ÷ Equivalent unit of material
= ($7,900 + $111,000) ÷ 8,210
= $14.482
Cost per equivalent unit of conversion = (Beginning Conversion costs + Conversion costs added during the month) ÷ Equivalent unit of conversion
= ($3,200 + $84,100) ÷ 7,865
= $11.100
Cost of unit transferred out = Cost per equivalent unit of material + Cost per equivalent unit of conversion × Units transferred
($14.482 + $11.10) × 6,600
= $168,841
.2
Therefore the correct answer is $168,841
.2 and in the given question the option is not available.
Answer:
c. $30,000 F
Explanation:
As per the given question the solution of Difference for the controllable margin is provided below:-
To reach at Difference for the controllable margin first we will find the controllable margin of budgeted and controllable margin of actual which are as follows:-
Controllable margin of budgeted = Sales - Variable cost - Fixed cost
= $460,000 - $250,000 - $80,000
= $130,000
and
Controllable margin of Actual = Sales - Variable cost - Fixed cost
= $500,000 - $280,000 - $60,000
= $160,000
finally
Difference for the controllable margin = Controllable margin of budgeted - Controllable margin of Actual
= $130,000 - $160,000
= -$30,000 Favorable
Here the actual is higher that budgeted so it will be favorable.
Answer:
False
Explanation:
It does not necessarily means that when a firm gets a normal rate of return, it earns economic profit also, as it depends on various factors:
- In the short run every firm aims to recover its variable cost, and in it's long term duration to recover its total cost, but it does not necessarily conclude that the return will attain the level of earning economic profit.
- Normal rate of return is based on competitive market, as an average rate of return on market, but if the investment is made from borrowed funds, it might be that the company is not able to pay the cost of borrowing in that case it is even after attaining the normal rate of return it will not earn economic profit.
Answer:
True
Explanation:
It is a Technology Firm.
Human Capital should be forming and using the firm's capabilities in: Customer relationships, Scientific and Research skills and technical skills in hardware, software, and services
Answer:
It should be GNP because all others seem invalid
Thanks for the points also :-)