Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
c. Work in Process (Debit) 23,000
Factory Overhead (Credit) 23,000
Explanation:
This would be the journal entry to record the factory overhead applied to production.
<span>Of the company xyzxyz increased it's variable expenses during the current year, that means it spent more money to operate the business, even though fixed expenses remained the same. As a result, unless the company had more revenue, there has to be less profit.</span>
deals with the production, distribution, and consumption of goods and services.
Answer:
Expected r = 0.17
Explanation:
The expected return on the investment can be calculated by taking the return in each scenarios and multiplying it with the probability of that scenarios and taking the sum of the results. Thus, the equation to calculate expected return will be,
Expected r = pA * rA + pB * rB + ... + pN * rN
Where,
- pA, pB, ... represents the probability of each scenario A, B and so on
- rA, rB, ... represents the probability of each scenario A, B and so on
Expected r = 0.5 * 0.15 + 0.3 * 0.25 + 0.2 * 0.1
Expected r = 0.17
