Answer:
Option C
Explanation:
The journal entry to write-off underapplied overhead is shown below:
Applied Manufacturing Overhead xxx
To Work-In-Process Inventory xxx
To Finished Goods Inventory xxx
To Cost of Goods Sold xxx
To Manufacturing Overhead Control xxx
(Being the underapplied overhead written off is recorded)
The work in process inventory, finished goods inventory, and the cost of goods sold would be written off based on the overhead applied.
Answer:
6.20000%
Explanation:
The computation of the unlevered cost of capital is shown below;
Asset beta is
= (Debt × Debt beta + Equity × Equity beta) ÷ (Debt + Equity)
= (75 × 0.20 + 300 × 0.75) ÷ (75 + 300)
= 0.6400000
Now
Unlevered cost of capital is
= risk free rate + asset beta × market risk premium
= 3% + 0.6400000 × 5%
= 6.20000%
<span>$582
Customer paid $600.
Credit company charged 3%, which is 0.03*$600 = $18.
Thus, the reminder to collect from the credit company is $600 - $18 = $582.</span>
I would say, "Please wait a moment. I'll check if the item will be in stock soon or already in stock." If the supervisor is available quickly after he or she is done, I'd ask them if they could help look in the back.
Jones should: d. Continue producing, but reduce output.
reduce output but should continue production.
<h3>Total costs and marginal costs</h3>
The market price per bushel is higher than average variable cost which means that Jones should continue the production.
Since market price and the and marginal costs per bushels is not the same or equal she should reduce her output because profit maximization requires that marginal revenue and marginal cost to be equal.
Therefore the correct option is D.
The complete question is:
Farmer Jones is producing wheat and must accept the market price of $6.00 per bushel. At this time, her average total costs and her marginal costs both equal $8.00 per bushel. Her average variable costs are $5 per bushel. In order to maximize profits or minimize losses in the short run, farmer Jones should Multiple Choice.
a. increase output
b. increase selling price.
c. produce zero output and close down
d. continue producing, but reduce output.
Learn more about Total costs and marginal costs here:brainly.com/question/17230008
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