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RUDIKE [14]
3 years ago
12

A manufacturing company reports the following items:

Business
1 answer:
telo118 [61]3 years ago
5 0

Answer:

The answer is $14,000

Explanation:

Cost of goods manufactured equals

Beginning/opening work in process inventory balance + direct materials + direct labor + factory overhead - ending/closing work in process inventory balance

=$1,000 + $5,000 + $7,000 + $4,000 - $3,000

= $14,000

Therefore, the cost of goods manufactured is $14,000

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The allegheny corporation purchased machinery for
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The complete information is that on January 1 2016 the Allegheny Corporation purchased machinery for $115,000. The estimated service life of the machinery is 10 years and the estimated residual value is $5,000. With that in mind, the machine is expected to produce 220,000 units during its life. In that case we can calculate a depreciation for 2016 and 2017 and doing it with one of the methods which is called Straight-Line Depreciation which states that:
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6 0
4 years ago
Common stock with a total par value of $50,000 (par value of $0.50 per share) have been issued, and 5,000 shares of treasury sto
Wittaler [7]

Answer: 95000 shares

Explanation:

The total shares that are outstanding will be calculated as the difference between the total shares issued and the treasury Share purchased.

The number of shares issued will be calculated as:

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4 0
3 years ago
If 1-Year Treasuries are yielding 5%, all preferred stocks are yielding 10%, and a manager selects a portfolio of preferred stoc
Burka [1]

Answer:

Risk Premium is 10%

Explanation:

Government treasuries represent risk free rate of return.

[tex]Risk Premium=R_{m}-R_{f}/tex] ,

where, [tex]R_{f} = Risk\ Free\ Rate\ Of\ Return/[tex]

           [tex]R_{m} = Market\ Rate\ Of\ Return/[tex]

           Risk Premium = 15 - 5 = 10%

Risk Premium is defined as return earned on market portfolio in excess of rate of return earned on risk free assets such as government treasury bonds.

So, Risk Premium refers to the compensation an investor expects to earn for assuming higher risk by investing in market portfolio instead of investing his money in risk free class of assets.

4 0
3 years ago
Read 2 more answers
The absolute value of the price elasticity of demand for ground beef has been estimated to be 0.5. If mad cow disease strikes th
leonid [27]

Answer:

total expenditure would increase

Explanation:

the demand for ground beef is inelastic.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one.

As a result of the disease, the supply of ground beef would fall. this would lead to a hike in the price of ground beef. But since demand for ground beef is inelastic, the the fall in demand would be less than the rise in price, so total expenditures would rise.

4 0
4 years ago
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