Answer:
C) $200.00
Explanation:
Absorption Product Cost = Direct Labor + Direct Materials + Variable Overheads + Fixed Overheads
Thus, we need to Calculate the Total Cost of Goods Manufactured as follows :
Direct materials used $160,000
Direct labor $100,000
Variable factory overhead $60,000
Fixed factory overhead $80,000
Total Cost of Goods Manufactured $400,000
Then Calculate the product cost per unit
Product cost per unit = Total Cost / Total Production
= $400,000 / ($315,000/$225.00 + 600)
= $400,000 / 2,000
= $200.00
Note : Total Production = Units Sold <em>plus</em> Ending Finished Goods Inventory
Answer:
Inventory at year-end: 344,000
Explanation:
The inventory should add the purchased goods from Pelzer as the possesion is transfer at shipping point.
The sales units to Alvarez should also be included as teh transfer is not complete yet. The term on this transaction are at destination.
Total inventory in transit: 28,940 + 39,800 = 68,740
on hand: $ 275,260
in-transit: $<u> 68, 740 </u>
Total: $ 344,000
Answer:
The correct answer is letter "C": independent variable.
Explanation:
Independent variables are propositions in a study which effects help to analyze certain behavior of a dependent variable. The dependent variable does not change but the independent variables do. There may be more than one independent variable for only one dependent variable.
In the case, <em>the dependent variable is the change in sales at GO designs while the independent variable is the price increase.</em>
Answer:
The correct answer is letter "D": Insurance companies will only cover losses suffered while the policy is already in place.
Explanation:
Regardless of the type of insurance you purchase, the purpose of the coverage is having a policy in case an unexpected unfortunate event takes place. <em>Insurances do not enroll individuals who need the policy just because of an ongoing accident</em>. Those individuals could enroll in an insurance plan but the ongoing accident will not be covered by the company. Only those events happening when the policy is already valid are subject to evaluation for coverage.
<span>n/2 = average number of items to search.
Or more precisely (n+1)/2
I could just assert that the answer is n/2, but instead I'll prove it. Since each item has the same probability of being searched for, I'll simulate performing n searches on a list of n items and then calculate the average length of the searches. So I'll have 1 search with a length of 1, another search looks at 2, next search is 3, and so forth and so on until I have the nth search looking at n items. The total number of items looked at for those n searches will be:
1 + 2 + 3 + 4 + ... + n
Now if you want to find the sum of numbers from 1 to n, the formula turns out to be n(n+1)/2
And of course, the average will be that sum divided by n. So we have (n(n+1)/2)/n = (n+1)/2 = n/2 + 1/2
Most people will ignore that constant figure of 1/2 and simply say that if you're doing a linear search of an unsorted list, on average, you'll have to look at half of the list.</span>
