Answer:
D) 19,520
Explanation:
The company uses a last-in-first-out (LIFO) inventory flow assumption. Given these facts, the number of units of product in the beginning inventory last year must have been:D) 19,520
Answer & Explanation:
The null hypothesis (H0) is what the study is trying to reject, is what the study wants to disprove. In this case, the financial administrator believes that the average cost of tuition and room is greater than $8,500. Then, he wants to statistically disprove that the average cost per term is equal to $8,500.
H0: average cost = $8,500
H0:μ=$8,500
The alternative hypothesis (H1) is the opposite, is what the financial administrator wants to prove: the average cost per term is greater than $8,500.
H1: average cost > $8,500
H1:μ>$8,500
"A cross-hedging strategy is most effective with currencies that are <u>highly positively correlated</u>; currency diversification is most effective with currencies that are <u>not highly correlated.</u>"
<u>Explanation:</u>
Cross hedging is a idea that is used to mange risk. This is done by investing in two securities. Those two securities are correlated and that too positively. Which means their prices goes in the identical direction. It helps in minimizing the risks associated.
So,A cross hedging strategy is most efficient when currencies are positively correlated,
Currency diversification is a strategy where more than one currency is used in investment. It leads to less exchange rate risk. This strategy is most effective with currencies that are not highly correlated. Which means increase in one currency causes no increase in other currency.
Answer:
Following are the solution to this question:
Explanation:
In point 1:
Date Title post reference Dr. Cr.
30-sep Method work – refining 141 388000
Materials 131 385000
In point 2:
Date Title post reference Dr. Cr.
30-sep Method work – refining 141 141000
Payable Wages 251 141000
In point 3:
Date Title post reference Dr. Cr.
30-sep Method work – refining 141 96800
Factory overhead- refining 151 96800
In part B:
Date Title post reference Dr. Cr.
30-sep Method work – Sifting 142 625600
Method work – refining 141 625600
