The <span>amount of direct labor should Regan charge to work-in-process is the wages at base direct-labor rates, which is $325,000.00. Shift Differentials and Overtime Premiums are not included,</span>
Answer:
Current Ratio
Explanation:
Current ratio is the proportion of current assets to current liabilities. It is one of the liquidity ratios that measures the capability of an organization to meet it short term obligations which is represented by current liabilities such as accounts payable and short term loans.
These liabilities are met with current assets such as cash and accounts receivables. Ideal current ratio is 2:1 that implies that the organization has enough currents assets to meet its short term liabilities as well as maintain adequate liquidity.
Answer:
the equivalent units of production for materials for the month of January is 89,100 units
Explanation:
The computation of the equivalent units of production for materials for the month of January is shown below:
= Units completed + completed units in ending inventory
= (89,100 units - 19,200 units) + 19,200 units
= 69,900 units + 19,200 units
= 89,100 units
hence, the equivalent units of production for materials for the month of January is 89,100 units
Answer:
Buy ABC Puts
Explanation:
Based on the information provided within the question it can be said that the best recommendation to the client is to Buy ABC Puts. This is mainly due to the fact that the client specifically stated that he does not want to lose more than this investment. Therefore Puts are the best option since they are purchased as a speculation on a market price decline, and the customer can only lose the premium paid if the market does the opposite and ends up rising. While other options like shorting or selling can lead to unlimited loss potential.
