Answer:
d. 18,570 pounds
Explanation:
The computation of the raw material purchased for the month of February is shown below:
= Production in units + ending inventory - beginning inventory
where,
Production in units = 19,200
Ending inventory is
= 17,100 × 30% × 1
= 5,130
And, the beginning inventory is
= 19,200 × 30% × 1
= 5,760
So, the raw material purchased for the month of February is
= 19,200 + 5,130 - 5,760
= 18,570 pounds
We simply applied the above formulas
Answer:
d. fixed.
Explanation:
The Maintenance Managers`s work can not be directly traced during the production process and this does not meet the definition of a direct cost.
However the Maintainace Managers`s work is key in every production thus, it is an indirect manufacturing cost that in most cases is fixed.
Fixed in the sense that the salary (cost) does not vary with the level of production.
Businesses need to achieve points of parity in the market because: C. to sell products that are the same as those of competitors.
<u>Explanation</u>:
A point of parity is considered as an important element in the business. It helps in making the consumer to use your brand or product comparing with the product of the competitors.
The point of parity helps in negating the competitor's point of difference. The company can survive in the competitive business only if it follows and covers the point of parity. Point of parity helps to refocus your brand showing that it is good as compared to other competitive brand.
Answer:
$15.34
Explanation:
The formula and the computation of the predetermined overhead rate is shown be
Predeterminer overhead rate = Manufacturing overhead ÷ direct labor hours
where,
Manufacturing overhead is
= $359,860 + $8,300
= $368,160
And, the direct labor hours is 24,000
So, the predetermined overhead rate is
= $368,160 ÷ 24,000
= $15.34
Answer:
21.42
Explanation:
rE= Div1 / P0+ g
= 3.00/ 25.50 + .04
= 0.15% or 15%
Solve for new stock price:
P0= Div1 / (rE- g)
= 1.50/ (0.15- .08)
=1.50/0.07
= 21.42
Therefore assuming that JRN's risk is unchanged by the expansion, the value of a share of JRN after the announcement is closest to: 21.42