Answer:
$278,000
Explanation:
Given the above, cost of goods manufactured is computed as
= Direct materials + Direct labor + Applied overhead + Beginning work in process - Ending work in process
= $40,000 + $100,000 + $120,000 + $30,000 - $12,000
= $278,000
Cost of goods manufactured is $278,000
Answer:
Country x
Population size 50,000,000
Full time students 4,200,000
Not employed & not searching 6,000,000
Not employed and searching 2,336,000
Employed 29,664,000
Labour force is defined as the population of the economy currently engaged in some employment and those jobless but available or searching for employment
Labour force is 32,000,000
Labor force participation rate is the labor force divided by the population size.
= 64%
Unemployment rate is defined as members of a country not employed and are searching or seeking employment.
= 4.7%
Answer:
See Below
Explanation:
Expected value is the sum of the products of the probability and payoff of each.
<u>Wager 1:</u>
probability of heads and tails, both is 0.5
Win = 440
Loose = 110
So,
Expected Value = 440(0.5) + (-110)(0.5) = 220 - 55 = $165
<u>Wager 2:</u>
Similar to wager 1
Win = 770
Loose = 220
So,
Expected value = 770(0.5) + (-220)(0.5) = 385 - 110 = $275
2nd wager is better, in this sense.
Answer:
I used an excel spreadsheet because there is not enough room here.
Explanation:
Answer:
$10,700
Explanation:
The unit product cost = $15 + $57 + $3 = $75
Sale revenue = $100 × 8,400 = $840,000
Less :Variable cost
Variable cost of goods sold = 8,400 × $75 = $630,000
Variable selling and administrative = 8,400 × $7 = $58,800
Contribution margin = $151,200
Fixed manufacturing overhead = $132,000
Fixed selling and administrative expenses = $8,500
Net operating income = $10,700
