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The main key information is this: "began the year 2012 with 20,000 bottles in inventory. The company estimated the budgeted sales for the four quarters of 2012 to be 200,000 bottles, 150,000 bottles, 250,000 bottles, and 400,000 bottles, respectively. The management feels that an ending inventory of 10%"
The numbers are our main focus. To be able to get your answer you need to a little math with the numbers. Keep in mind you divide what he get's for the first quarter.
Therefore, you have 195,000 bottles.
A critical part of inferential statistics involves determining how far sample statistics are likely to vary from each other and from the population parameter. The sampling distribution of a statistic is the distribution of that statistic, considered as a random variable, when derived from a random sample of size n .
Answer:
The answer is: You should invest in Project B since it has a higher NPV ($12.65) than Project A ($12.04)
Explanation:
Using an excel spreadsheet we can determine the net present value (NPV function) of the cash flows associated with each project.
<u>Project A</u> <u>Project B</u>
40 30
50 30
60 30
0 30
discount rate for both projects = 15%
NPV Project A's cash flows = $112.04 minus the amount invested (100) = $12.04
NPV Project B's cash flows = $85.65 minus the amount invested (73) = $12.65
Answer:
<u>Cost per equivalent unit</u>
Material = $83.75
Labour = $33.85
Overhead WIP = $171.45
Explanation:
<u>Materials</u> <u>Labor</u> <u>Overhead Work in process</u>
May 1 $32,000 $52,806 $257,175
Additions during May <u>$194,125</u> <u>$35,204</u> <u>$171,450</u>
Total Balance of WIP $226,125 $88010 $428,625
Equivalent units 2,700 2,600 2,500
cost per equivalent unit $83.75 $33.85 $171.45
An example of inferior goods