The statement "<span>first select the data to be charted and then click the column button (insert tab | charts group)" is true when creating the clustered cylinder chart. There should a data first before you can create a chart. I hope it helps. </span>
Answer:
For now, it is better to keep producing in house. If demand increases, Pottery Ranch must outsource some of the production.
Explanation:
Giving the following information:
The variable manufacturing overhead is charged to production at a rate of 63% of direct labor cost. The direct materials and direct labor cost per unit to make a pair of finials are $3.51 and $4.73, respectively. Normal production is 28,300 curtain rods per year.
A supplier offers to make a pair of finials for $13.20 per unit.
Fixed costs are a sunk cost, therefore it is not taken into account.
Make in house:
Unitary cost= 3.51 + 4.73 + (4.73*0.63)= $11,22
Outsource:
Unitary cost= 13.20
For now, it is better to keep producing in house. If demand increases, Pottery Ranch must outsource some of the production.
Answer: 6.67%
Explanation:
Return on Investment is calculated by dividing Income from operations by average total assets.
Average Total Assets = (Beginning Value + Closing Value) / 2
= (2,700,000 + 3,300,000 )/2
= 6,000,000/2
= $3,000,000
Return on Investment = Income from operations/ Average Total Assets
Return on Investment = 200,000/3,000,000
Return on Investment = 0.06667
= 6.67%
Joe is risk averse so joe would accept $100 instead of the coin toss. Joe is about to flip a fair coin and will receive $400 if it comes up heads and owe $200 if it comes up tails.
<h3>What Is Risk Averse? </h3>
The term risk-averse describes the investor who chooses the preservation of capital over the potential for a higher-than-average return. In investing, risk equals price volatility. A volatile investment can make you rich or devour your savings.
<h3>What are risk-averse and risk-seeking?</h3>
Risk-seeking confers a high degree of risk tolerance or the number of potential losses an investor is willing to accept. In contrast with risk-seeking investors, risk-averse investors seek low-risk investments and are willing to accept a lower rate of return because of the desire to preserve capital.
To learn more about Risk Averse visit the link
brainly.com/question/15169997
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The wealth effect refers to the fact that when the price falls, the real value of household wealth rises and consumption will also rise. The wealth effect causes movement along the demand and supply curve due to the value of money and items changing. The wealth effect is used to determine people spending more money when the value of their assets rise.
