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trasher [3.6K]
3 years ago
7

Fillia, inc. worked on three jobs this period: job 14c, which cost $15,000; job 23a, which cost $28,000, and job 45b, which cost

$23,000. at the end of the period, only job 14 was still in process (unfinished). the cost of goods manufactured this period is
Business
1 answer:
mafiozo [28]3 years ago
7 0
The cost of goods manufactured during the period would be the $15000 + $28000 + $23000 is $66000. In other words, the costs are the total amount of costs added up for all three of the projects since goods were presumably produced by all three projects.
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he credit union will have $1.6 million available for investment during the coming year. State laws and credit union policies imp
natulia [17]

Here is the full question.

The employee credit union at State University is planning the allocation of funds for the coming year. The credit union makes four types of loans to its members. In addition, the credit union invests in risk-free securities to stabilize income. The various revenue producing investments together with annual rates of return are as follows:

Type of Loan/Investment               Annual Rate of Return (%)

Automobile loans                                8

Furniture loans                                   10

Other secured loans                          11

Signature loans                                 12

Risk-free securities                            9

The credit union will have $1.6 million available for investment during the coming year. State laws and credit union policies impose the following restrictions on the composition of the loans and investments.

Risk-free securities may not exceed 30% of the total funds available for investment.

Signature loans may not exceed 10% of the funds invested in all loans (automobile, furniture, other secured, and signature loans).

Furniture loans plus other secured loans may not exceed the automobile loans.

Other secured loans plus signature loans may not exceed the funds invested in risk-free securities.

How should the $1.6 million be allocated to each of the loan/investment alternatives to maximize total annual return? Round your answers to the nearest dollar.

Automobile Loans $  

Furniture Loans $  

Other Secured Loans $  

Signature Loans $  

Risk Free Loans $  

What is the projected total annual return? Round your answer to the nearest dollar.

$  

Answer:

Explanation:

Let the amount invested in:

Automobile loans be Xa,

Furniture Loans be Xf,

Other Secured Loans be Xo,

Signature loans be Xs,    &;

Risk-free loans be Xr

In reference  on the Annual returns rate given;

Total annual returns = 8%×Xa + 10%×Xf + 11%×Xo + 12%×Xs + 9%×Xr

The various constraints given can be written as follows:

Xa + Xf + Xo + Xs + Xr = 1,600,000-----Constraint for amount available for investment

Xr = 30%*1,600,000 ----- Constraint for maximum risk free investment

Xs = 10%*(Xa + Xf + Xo + Xs) -----  Constraint for maximum amount in signature loans

Xf + Xo = Xa ------- Constraint for Furniture and other secured loans

Xo + Xs = Xr  ------ Constraint for other secured loans and signature loans

Using the Excel Formula for solving this;

we have the following result.

Automobile Loans                     $ 504,000

Furniture Loans                         $ 136,000

Other Secured Loans               $ 368,000

Signature Loans                        $ 112,000

Risk-Free Loans                        $ 480,000

The projected total annual return = $ 151,040

The computation of the excel formula on how we arrived at those valid figures above is shown in the attached files below.

Thanks!

5 0
3 years ago
1. Select why manufacturers use a predetermined overhead rate to apply manufacturing overhead to their jobs. (You may select mor
Lady bird [3.3K]

Answer:

The correct answer is: Manufacturers use predetermined overhead rates to allocate to production jobs the production costs that are not directly traceable to specific jobs.

Explanation:

If we are able to trace a cost directly to a product we will not include it in manufacturing overhead. Manufacturing overhead was created to allocate costs that are not directly traceable to a product. It helps manufacturers to allocate costs with certain precision.

3 0
3 years ago
Economic efficiency requires that a natural monopoly's price be: Select one: A. equal to marginal cost where it intersects the d
slavikrds [6]

Answer: A. equal to marginal cost where it intersects the demand curve

Explanation:

In a pure competition, the market is efficient because it balances demand and supply and gives an equilibrium price that takes both of them into account.

In this market, the price is equal to the marginal revenue of a firm and the profit maximizing level of production is where the marginal revenue intersects the marginal cost.

The efficient level is therefore where price equals marginal cost. The same goes for a natural monopoly. If economic efficiency is to be achieved, the natural monopoly's price must equal the marginal cost at the equilibrium price.

7 0
3 years ago
Do you think calling an employee a subordinate will impact their motivation levels?
WITCHER [35]

Answer:

I believe that referring to the employee as a subordinate can negatively affect the employee's motivation levels.

Explanation:

Although an employee is subordinate to the company owner, or to other high-ranking employees, such as a manager, for example. Referring to the employee as a subordinate can negatively affect the employee's motivation and productivity. This is because this word can pass a tone of devaluation, where the employee can understand that he is not esteemed and necessary within the company. The feeling of irrelevance, can leave the employee saddened and unwilling to do his best work within the institution.

8 0
3 years ago
Alamo Inc. had $300 million in taxable income for the current year. Alamo also had a decrease in deferred tax assets of $30 mill
scoray [572]

Answer:

$ 210 million

Explanation:

Data provided :

Taxable income for the current year = $ 300 million

Tax rate of the income  = 40%

therefore, the income tax for the current year = 0.40 × $ 300 million

or

the income tax for the current year = $ 120 million

Decrease in the deferred tax assets = $ 30 million

Increase in the deferred tax liabilities = $ 60 million

Hence,

the total income tax expense for the year

= $ 120 million + $ 30 million + $ 60 million

or

= $ 210 million

7 0
3 years ago
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