Answer:
Raw ending 643,300
ending WIP 199,240
ending FG 37,000
Explanation:
<em>Raw materials </em>
beginning 29300
purchased 1041000
used in production <u> (427000)</u>
ending 643300
<em>cost added (in between step to get ending WIP)</em>
materials 427000
direct labor 312240 (24,000 DLH x $13.01)
overhead 164000
total 903240
<em>Ending WIP</em>
beginning WIP 151000
added 903240
COGM <u> (855000)</u>
ending WIP 199240
<em>Finished goods</em>
beginning FG 257000
COGM 855000
COGS <u> (1075000)</u>
ending FG 37000
Answer:
Explanation:
The present value formula is:
Assuming annual compounded interest, r = 9% = 0.09 and n = 68 years.
Substituting and computing:
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A price regulation that put a price cap on the apartment rents a landlord is permitted to charge leads to underproduction. A monopoly leads to underproduction. The answer is both under productions in the monopoly leads and apartment rent leads.
