Answer:
$91,070
Explanation:
The computation of the value of the ending work in process inventory is shown below:
Ending Work in process inventory = Beginning work in process inventory + transferred materials + labor cost + other manufacturing cost
where,
Beginning work in process inventory is $0
Transferred material amount
= $97,000 × 80%
= $77,600
Labor cost = $58,000 + $15,600 = $73,600
Other manufacturing cost = $109,000
So, the amount is
= $0 + $77,600 + $73,600 + $109,000
= $260,200
And, since 65% is completed so the remaining 35% is to be considered i.e
= $260,200 × 35%
= $91,070
Answer:
An online retailer would on a balance of probability have a higher asset turnover than a brick-and-mortar retailer.
Explanation:
The reason is not farfetched. If done properly, an online retailer is most likely to succeed at reaching more customers and penetrating more markets.
The total population of active internet users is currently estimated at 4.5 Billion. For truly global products or retail outlets such as Amazon and Alibaba, this figure is staggering. It is impossible to compare a truly successful online retailer to a brick-and-mortar retailer whose market, at its best, covers only those within its locality.
So using online retail store such as Amazon as an example, they might have significant investment in online platforms, dedicated servers and warehouses, their turnover which as at 2019 stood at 4.5x is relatively strong.
The supply chain drivers which impact asset turnover are inventory, accounts receivables and facilities.
Cheers!
Answer:
0.00573
Explanation:
Cost of the bond today = $99.43
Value of bond at end of year = $100
Difference = $100 - $99.43 = $0.57
This $0.57 represents earnings on such bond value, that is yield on the bond.
Thus, yearly yield = $0.57/$99.43 = 0.00573
This value represents the discount rate of 1 year on $100 that is for which present value $99.43.
Final Answer
0.00573
Answer:
Overhead application rate
= <u>Budgeted overhead</u>
Budgeted machine hours
= <u>$266,400</u>
18,500 hours
= $14.40 per machine hour
Overhead applied
= Overhead application rate x Actual machine hours
= $14.40 x 19,050 hours
= $274,320
Under-applied overhead
= Overhead applied - Actual factory overhead
= $274,320 - $287,920
= $13,600
Explanation:
In this question, there is need to determine the overhead application rate, which is the ratio of budgeted factory overhead to budgeted machine hours. Then, we will calculate the overhead applied, which is overhead application rate multiplied by actual machine hours. Under-applied overhead is the difference between overhead applied and actual factory overhead. .
Answer:
b. decrease in the demand for televisions today.
Explanation:
Since it is generally believed that, consumers buy more quantity of a particular commodity or product when the price of such commodity is lower and that they buy less, when the price is higher, which is a simple illustration of the law of demand.
Therefore, if people think that the price of televisions will decrease in the near future, that belief may cause a "decrease in the demand for televisions today."
