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3 years ago

9

If the government starts a new program where it buys every family that lives in Florida a new air conditioner, one may argue thi

s could lead to

1 answer:

IRISSAK [1]3 years ago

6 0

Other states with hot climates insisting that they should get the same as Florida

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Perrette Motor Company rebuilds automobile engines that have been damaged or are in need of extensive repair. The rebuilt engine

kow [346]

Answer:

Perrette Motor Company

Computation of the cost per equivalent unit for materials and conversion for the month:

1. Material cost per equivalent unit: $1,100

2. Conversion cost per equivalent unit: $1,350

Explanation:

a) Data and Calculations:

Units % of completion Equivalent unit

Materials Conversion Materials Conversion

Beginning WIP 120 50% 50% 60 60

a) Started and

Completed 530 100% 100% 530 530

b) Ending WIP 220 50% 30% 110 66

Equivalent units 640 596

Cost of production:

Materials Conversion

Beginning WIP $68,000 $73,200

Started & completed 636,000 731,400

Total cost $704,000 $804,600

Equivalent units 640 596

Cost per equivalent unit $1,100 $1,350

b) When calculating the equivalent units under the weighted average process costing method, the units beginning work-in-process are not taken into consideration, but the costs are.

5 0

3 years ago

Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $7

professor190 [17]

Answer:

$33,540,000

Explanation:

initial investment:

opportunity cost of land (resale price of land) = $10,700,000
building cost of the facilities = $21,900,000
other expenses related to the site (grading) = $940,000
total $33,540,000

The purchase cost of the land is considered a sunk costs, since it is not relevant now. What is relevant is the price at which the land could be sold at the moment of starting the project.

7 0

3 years ago

If the dollar interest rate is 10 percent, the euro interest rate is 6 percent, and the expected return on dollar depreciation a

lawyer [7]

A. an investor should invest only in dollars.

7 0

3 years ago

Read 2 more answers

The country of Lilliput has low unemployment and high consumer spending, and small businesses are thriving. However, prices are

cluponka [151]

Raise the income tax, which gives citizens less money to spend, and buy more services from civilian - owned businesses, which creates more jobs.

<u>Explanation:</u>

Expansion happens when an economy becomes because of expanded spending. At the point when this occurs, costs rise and the money inside the economy is worth short of what it was previously. The cash basically won't purchase as much as it would previously. At the point when a cash is worth less, its swapping scale debilitates when contrasted with different monetary standards.

There are numerous strategies used to control swelling; some function admirably, while others may have harming impacts. For instance, controlling swelling through pay and value controls can cause a downturn and cause work misfortunes. One well known strategy for controlling swelling is through a contractionary financial arrangement.

The objective of a contractionary strategy is to lessen the cash supply inside an economy by diminishing security costs and expanding loan fees. This diminishes going through in light of the fact that when there is less cash to go around: the individuals who have cash need to keep it and spare it, rather than spending it. It additionally implies there is less accessible credit, which can diminish spending. Diminishing spending is significant during expansion since it helps stop monetary development and, thus, the pace of swelling.

There are three fundamental instruments to complete a contractionary approach. The first is to build financing costs through the national bank. On account of the U.S., that is the Federal Reserve. The Fed Funds Rate is the rate at which banks acquire cash from the legislature, yet so as to bring in cash, they should loan it at higher rates.1

5 0

3 years ago

A company revenue reports the following information as of December 31: Sales revenue $800,000 Cost of goods sold 600,000 Operati

Wittaler [7]

Answer:

$320,000

Explanation:

As we know that the

Comprehensive Income = Operating profits + Unrelated profits

The unrelated profits here is profit generated arising due to the sale of debt securities which is not the core operation of the company and hence is unrelated profits.

So by putting values we have:

Comprehensive Income = ($800,000 - $600,000 + $90,000) + $30,000

Comprehensive Income = $320,000

4 0

3 years ago

Read 2 more answers