When a manufacturing company uses direct materials, it assigns the cost by debiting Work-in-Process Inventory.
<u>Option: B</u>
<u>Explanation:</u>
The nearly completed products of a business that await fulfillment and subsequent selling or the valuation of those commodities is understood as a work-in-process inventory. These products are either produced in a line or in a buffer stock, or are pending for any further handling. The concept is employed in controlling the manufacturing and distribution chain. Optimum quality control is aimed at reducing system activity. Function in system requires storage space, reflects attached capital that is not accessible for investment and brings an inherent risk of previous expiry of the goods' shelf life.
Answer:
Explanation:
the attached pictures show the explanation
A shortage occurs when demand exceeds supply – in other words, when the price is too low. However, shortages tend to drive up the price, because consumers compete to purchase the product. As a result, businesses may hold back supply to stimulate demand.
Answer: Companies in perfect competition do not usually apply "socially conscious" practices because their cost-benefit relationship does not justify it.
Generally, the administration of an oligopolistic company will carry out "socially conscious" practices, because this differentiation between the other companies would lead to higher than normal profits.
Answer:
(a) 14%
(b) $24 per share
Explanation:
Given that,
Dividend paid per share = $3
Growth rate of dividend = 4%
(a) Expected rate of return:
= [D1 ÷ Price ] + g
= [3 ÷ 30 ] + 0.04
= 0.10 + 0.04
= 0.14 or 14%
Therefore, the expected rate of return is 14%.
(b) Stock price:
= D1 ÷ (cost - growth)
= 3 ÷ (0.165 - 0.04)
= 3 ÷ 0.125
= $24 per share
Therefore, the stock price is $24 per share.