Answer:
According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.
Explanation:
Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.
These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.
Answer and Explanation:
The journal entries are shown below:
a.
Work in process inventory ($4,640 + $5,510 + $6,612 + $12,760 + $18,270) $47,792
Factory Overhead $12,500
Factory Wages $60,292
(being the factory labor cost is recorded)
b.
Work in process inventory ($47,792 ÷ 29 × 23) $37,904
To Factory Overhead $37,904
(being the factory overhead applied to production is recorded)
Answer:
Alternative A Alternative B Net Income (B-A)
Revenues $149,400 $186,500 $37,100
Costs $102,900 $123,800 $20,900
Net income $46,500 $62,7000 $16,200
Project B has incremental revenue of $37,100, cost $20,900 and net income $16,200.
Explanation:
Net income is amount of earning that a company of individual maker after deducting all the expense from the revenue for a specific period of time. Net income can be calculated by subtracting all the related expenses from the revenue / income for the period.
Answer:
10.0%
Explanation:
Calculation to determine what Last year's return on investment (ROI) was closest to:
Using this formula
ROI = Net operating income ÷ Average operating assets
Let plug in the formula
ROI= $700,000 ÷ $7,000,000
ROI = 10.0%
Therefore Last year's return on investment (ROI) was closest to:10.0%
Answer:
Number of vats is 1.75 or 2
Explanation:
given data
Cycle time for the vats T = 1.50 hours
Material is transported C = 22 pounds
inefficiency factor X = 0.07
to find out
How many vats will be used
solution
we get here planned used rate that is
planned used rate =
planned used rate = 24 pieces per hour
so here total no of container will be
N = ..............1
here N is total no of container
put here value and we get
N =
N = 1.75
so Number of vats is 1.75 or 2