Answer:
Alaska = 46.99 units
Best buy = 58.34 units
Ford Motor = 584.11 units
Explanation:
<em>To determine the unit of each class of stock to purchase, we wll multiply each of the percentages by the total fund to be arrive the proportion of fund to be invested in each class. </em>
<em>Further more, we will divide the allocated amount by the share price per unit</em>
Shares to be purchased to have the given proportion would be '
Alaska (20%) =(20%× 10,000)/42.56= 46.99 units
Best buy (30%) = (30% × 10,000)/ 51.42 = 58.34 units
Ford Motor (50%) = (50% × 10,000)/ 8.56 = 584.11 units
Entrepreneurs and other producers accept risks because they hope to earn PROFIT.
Every businesses are set up for the purpose of earning profits. Every venture has its accompanying risks of failure but if everything goes right, then the pay-off will be worth it.
High risks business also have high potential of generating high profit.
Answer: False
Explanation:
Ethics are the moral principles which govern the behavior of a person. Ethics help us to know what is right or what is wrong.
Ethics Training program are done in order to enable workers to be able to identify and also deal with the ethical problems that they may face.
Therefore, the statement that "Ethics training programs typically teach how to disguise unethical behavior and not how to avoid unethical behavior" is false.
Answer:
Variable overhead rate variance = $2,870 favorable
Explanation:
Variable overhead rate variance is the difference between the standard cost allowed for variable production overhead and the actual variable cost incurred.
This computed as follows:
$
17,130 hours should have cost ( 17,130 ×7.20) 123336
but did cost <u>120,466</u>
Variable overhead rate variance <u> 2870
</u> Favorable
Variable overhead rate variance = $2,870
Answer: level of satisfaction derived from a person's circumstances.
Explanation:
The utility a consumer derives from a product/service is the measure of the level of satisfaction the consumer derive from the product/service chosen. Utility can also be defined as the level of usefulness of a product to an end user.
