Answer:$687,700
Explanation:
$
Direct Materials 298,700
Add: Direct Labour 132,200
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Prime Cost 430,900
Factory Overhead 264,200
Add: Opening WIP 118,700
Less: Closing WIP 126,100
--------------
256,800
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Cost of Good Manufacture 687,700
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Answer:
The answer is 0,5739.
Explanation:
If we subtract the cost of goods and other expenses from the net sales revenue, we get $181,500.
The balance of fixed assets at the end is $400,000 and the stockholders' equity is $875,000.
The difference in the balance of fixed assets is $28,000 and the difference in the stockholders' equity is $365,000.
So the return on equity ratio can be computed as follows;
(181,500+28,000) / 365,000 = 0,5739.
I hope this answer helps.
Answer:
The answer is: It will increase.
Explanation:
According to the law of supply and demand, when the price of an specific good or service decreases, the quantity demanded for that good or service will increase.
For example, if the price for a movie ticket is $10, 100 people will go to the movies. If the movie theater starts a promotion and lowers the price for movie tickets to $6, many more customers will be willing to go the movies. Either because they believe watching a movie in the theater is worth 6$ or more, or because they will now be able to afford going to the theater.