Answer: The motorcycle because you can sell it for more cash than the cash prize option. Value = $25000 (the price you can sell it for.)
Explanation:
Based on the scenario in the question, we've been given three options which are a new motorcycle, with an MSRP of $30000, or $20000 in cash.
The manufacturer's suggested retail price (MSRP) is simply the price that the producer of a product recommends ifor the product to be sold in retail stores.
Based on the scenario, the best option will be to choose the motorcycle. This is because it can sold for an amount that is not than the cash prize option of $20,000 since the motorcycle is valued at $25000.
Answer:
The correct answer is option A.
Explanation:
Labor productivity refers to the hourly output of a country's economy.
It is also called workforce productivity. Labor productivity depends on human capital, physical capital and level of technology.
Labor productivity is measured by calculating the ratio of total output and total number of labor hours. It increases with improvement in technology, human capital and increase in physical capital.
Answer:
$102
Explanation:
Given that,
Direct materials per unit = $60
Direct labor per unit = $22
Variable overhead per unit = $8
Fixed overhead for the year = $528,000
Units produced = 44,000
Fixed overhead = Fixed overhead for the year ÷ Number of units produced
= $528,000 ÷ 44,000
= $12 per unit
Total product cost per unit under absorption costing:
= Direct material per unit + Direct labor per unit + Variable overhead + Fixed overhead
= $60 + $22 + $8 + $12
= $102
Answer:
a. $3,400
b. $0
Explanation:
As we know
Total assets = Total liabilities + owners equity
a. In the first case
The shareholder equity would be
= Total assets - total liabilities
= $10,800 - $7,400
= $3,400
b. In the first case, the shareholder equity would be zero as it should not be negative. The negative value would be
= Total assets - total liabilities
= $6,500 - $7,400
= -$900
So it would be zero