Answer:
a.$16,370.
Explanation:
beginning WIP cost: 11,100
cost added during the period
materials 77,100
direct labor 25,100
overhead 70% of DL = 17,570
total added 119,770
Total cost to be accounted for: 130,870
Cost assignned to
transferred out 114,500
ending WIP 16.370
Total cost assigned to 130,870
As the cost to be accounted and the cost assigned to should match we contruct that and solve for the ending WIP
Answer:
c. outsourcing
Explanation:
Outsourcing -
It refers to the process of hiring another company , which is responsible for some external project or task , is referred to as outsourcing .
It can be a short term process of hiring , it may also require transferring the employees to another firm internally .
Hence , from the given scenario of the question ,
Hiring the packaging firm by another company , showcases the method of outsourcing .
Answer:
Price
The price in the short-run will decrease because with less marginal costs, producers would produce more goods and services which would shift the supply curve to the right. The new intersection with the demand curve will be at a lower price.
Quantity
As said above, producers would produce more goods and services which means that the quantity supplied will increase.
Profit
This is a competitive market. Each firm will earn zero profits because the drop in price will match the drop in marginal costs to ensure that firms are not making anything extra.
Answer:
The answer is below
Explanation:
The marginal revenue R'(t) = 
and the marginal cost C'(t) = 140 - 0.3t.
The total profit is the difference between the total revenue and total cost of a product, it is given by:
Profit = Revenue - Cost
P(T) = R(T) - C(T)
P(T) = ∫ R'(T) - C'(T)
Hence the total profit from 0 to 5 days is given as
![P(T) = \int\limits^0_5 {(R'(T)-C'(T))} \, dt= \int\limits^0_5 {(100e^t-(140-0.3t))} \, dt\\ \\P(T)= \int\limits^0_5 {(100e^t-140+0.3t))} \, dt\\\\P(T)= \int\limits^0_5 {100e^t} \, dt- \int\limits^0_5 {140} \, dt+ \int\limits^0_5 {0.3t} \, dt\\\\P(T)=100\int\limits^0_5 {e^t} \, dt- 140\int\limits^0_5 {1} \, dt+0.3 \int\limits^0_5 {t} \, dt\\\\P(T)=100[e^t]_0^5-140[t]_0^5+0.3[\frac{t^2}{2} ]_0^5\\\\P(T)=100(147.41)-140(5)+0.3(12.5)=14741-700+3.75\\\\P(T)=14045](https://tex.z-dn.net/?f=P%28T%29%20%3D%20%5Cint%5Climits%5E0_5%20%7B%28R%27%28T%29-C%27%28T%29%29%7D%20%5C%2C%20dt%3D%20%5Cint%5Climits%5E0_5%20%7B%28100e%5Et-%28140-0.3t%29%29%7D%20%5C%2C%20dt%5C%5C%20%5C%5CP%28T%29%3D%20%5Cint%5Climits%5E0_5%20%7B%28100e%5Et-140%2B0.3t%29%29%7D%20%5C%2C%20dt%5C%5C%5C%5CP%28T%29%3D%20%5Cint%5Climits%5E0_5%20%7B100e%5Et%7D%20%5C%2C%20dt-%20%5Cint%5Climits%5E0_5%20%7B140%7D%20%5C%2C%20dt%2B%20%5Cint%5Climits%5E0_5%20%7B0.3t%7D%20%5C%2C%20dt%5C%5C%5C%5CP%28T%29%3D100%5Cint%5Climits%5E0_5%20%7Be%5Et%7D%20%5C%2C%20dt-%20140%5Cint%5Climits%5E0_5%20%7B1%7D%20%5C%2C%20dt%2B0.3%20%5Cint%5Climits%5E0_5%20%7Bt%7D%20%5C%2C%20dt%5C%5C%5C%5CP%28T%29%3D100%5Be%5Et%5D_0%5E5-140%5Bt%5D_0%5E5%2B0.3%5B%5Cfrac%7Bt%5E2%7D%7B2%7D%20%5D_0%5E5%5C%5C%5C%5CP%28T%29%3D100%28147.41%29-140%285%29%2B0.3%2812.5%29%3D14741-700%2B3.75%5C%5C%5C%5CP%28T%29%3D14045)
Answer:
Deferred tax is increased by $130 million
Explanation:
We have given income = $400 million
Company is subject to a tax rate of 40 %
So tax rate = 40 %
So current Tax = $400×40%= $160 Million
Decrease in deferred tax assets of 50 million result in increase in tax expense
Hence total Tax Expense= $160+$50= $210 Million
But it is given that expense is only $80 million
So change in deferred tax is increases by = $210 - $80 = $130
So deferred tax is increases by $130 million
