Answer:
c. $10,106 if taken separately for Direct Material or Conversion Costs
Or None of these as total cost is $ 10,779+$ 10,081= $20860 for units transferred out
Explanation:
Units % of Eq. Units
Completion D.M Conversion
Units completed and
transferred out 6,400 units 100% 6400 6400
WIP Inventory, 3,100 units 90%,60% 2790 1860
December 31
<u>Total Units to account for 9190 8260</u>
Direct materials $15,478
Direct labor $7,400
Manufacturing Overhead $5,611
Direct Material Cost per unit= $ 15478/9190= $ 1.684
Conversion Cost per unit= $13011 / 8260= 1.575=$ 1.58
Direct Material Cost for Completed units = 6400 * $1.684= $ 10,779
Conversion Cost for Completed units = 6400 *1.575= $ 10,081
The question is incomplete. Here is the complete question:
The following annual returns for Stock E are projected over the next year for three possible states of the economy. What is the stock’s expected return and standard deviation of returns? E(R) = 8.5% ; σ = 22.70%; mean = $7.50; standard deviation = $2.50
State Prob E(R)
Boom 10% 40%
Normal 60% 20%
Recession
30% - 25%
Answer:
The expected return of the stock E(R) is 8.5%.
The standard deviation of the returns is 22.7%
Explanation:
<u>Expected return</u>
The expected return of the stock can be calculated by multiplying the stock's expected return E(R) in each state of economy by the probability of that state.
The expected return E(R) = (0.4 * 0.1) + (0.2 * 0.6) + (-0.25 * 0.3)
The expected return E(R) = 0.04 + 0.12 -0.075 = 0.085 or 8.5%
<u>Standard Deviation of returns</u>
The standard deviation is a measure of total risk. It measures the volatility of the stock's expected return. The standard deviation (SD) of a stock's return can be calculated by using the following formula:
SD = √(rA - E(R))² * (pA) + (rB - E(R))² * (pB) + ... + (rN - E(R))² * (pN)
Where,
- rA, rB to rN is the return under event A, B to N.
- pA, pB to pN is the probability of these events to occur
- E(R) is the expected return of the stock
Here, the events are the state of economy.
So, SD = √(0.4 - 0.085)² * (0.1) + (0.2 - 0.085)² * (0.6) + (-0.25 - 0.085)² * (0.3)
SD = 0.22699 or 22.699% rounded off to 22.70%
The type of venue that small-business retailers favor is C.SPECIALTY SHOP.
Being in a specialty shop, your products will be prominently displayed and competition is minimal <span>compared to other given venues.
Customers, looking for specific items that you can offer, usually prefer going directly to the shops instead of wasting time looking around those bigger venues searching for items they need. </span>
Answer:
On December 31 of the current year, can the Board of Directors declare and pay a cash dividend of $ 2 million
If the company don´'t have enough cash on hand to distribute the previously announced sum to shareholders, it may have to borrow funds to honor the dividend payment.
Explanation:
Companies can pay dividends in cash or additional shares.
If the company don´'t have enough cash on hand to distribute the previously announced sum to shareholders, it may have to borrow funds to honor the dividend payment.
Answer:
competitive disadvantage
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question in this scenario Mainline Ltd. has a competitive disadvantage. This term refers to an unfavorable circumstance or condition that causes a firm to underperform in an industry. Which in this case low demand for landlines causes this.
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