When supplies are endless, prices tend to decrease! This is because there is an infinite amount of a good and everyone can get it. There will likely be left over supplies and the demand is not high so prices will go down.
Part A:
The number of outcomes that each of them will have to choose anyone at random is calculated below.
n = 3 x 3 = 9
This is because, Al will have 3 choices and similarly, Bill will also have three choices. These outcomes are as written below.
S = (1,1), (1,2), (1,3), (2, 1), (2,2), (2, 3), (3, 1), (3, 2), and (3,3)
Part B: To make the same choice, there will only be three outcomes. These are:
S = (1, 1), (2, 2) and (3, 3)
Part C: If neither of them will vote for 2, there will only be four outcomes. This is because each of them will only have two choices. These are:
S = (1, 1), (1, 3), (3, 1), and (3,3)
Answer: answer d seem more likly because you have then traveld to another country
Explanation:
Answer: D. I, II, and III
Explanation:
If expecting a price deduction, you can buy Put options. These give you the right to sell an underlying stock at a certain price regardless of what the price in the market is. If you purchased this, you can sell your stock above market value if it does go down.
You can sell write call options for a fee where you give the buyer the right to buy your shares at a certain price in future. This is only valuable if prices rise so as you are expecting prices to fall, you could make a premium on the call option contract fees if prices fall without having to sell off your shares.
Hedging with puts is better than short calls if you are expecting a major stock price decline as the opportunity for profit is higher.
Answer:
$1,133,000
Explanation:
The computation of the cost of goods manufactured is shown below:
= Direct materials used + Direct labor cost + Manufacturing overhead cost + beginning work-in-process inventory - ending work-in-process inventory
where,
Direct material used is
= Opening balance of raw material + purchase made - ending balance of raw material
= $83,000 + $361,000 - $62,000
= $382,000
The manufacturing overhead is
= Indirect labor + Depreciation on Factory Plant and Equipment + Plant Utilities and Insurance
= $18,000 + $22,000 + $272,000
= $312,000
And, the other items would remain the same
So, the cost of goods manufactured is
= $382,000 + $469,000 + $312,000 + $25,000 - $55,000
= $1,133,000
We simply applied the above formula to determine the cost of goods manufactured
