Answer:
Explanation:
The journal entry is shown below:
1st July Debit Prepaid insurance $13620
Credit Cash $13620
31st December Debit Insurance expenses $2270
Credit Prepaid insurance $2270
Insurance expense was calculated as:
= $13620/3 years × 6months/12months
= $4540 × 1/2
= $2270
Answer: 0.89
Explanation:
The total portfolio beta is a weighted average of the constituent security betas.
145,000 + 58,000 = $203,000
The total portfolio beta of 203,000 should have a beta of 1.19.
Proportion of New investment = 58,000/203,000
= 28.57%
Proportion of old portfolio = 145,000/203,000
= 71.43%
(0.7143 * 1.31) + (0.2857 * x) = 1.19
0.9357 + 0.2857x = 1.19
0.2857x = 0.2543
x= 0.89
Answer:
b) 46
Explanation:
Provided that
AC = MC = 8
Q = 100 - P
Or P = 100 - Q
MR = 100 - 2Q
So the total revenue would be
= Price × Quantity
So if we put the values of p in the total revenue so the equation would be
= 100 × Q – Q^2
Now we have to take the differentiation with respect to marginal revenue which equal to
= d(Total revenue) ÷ d(Quantity)
If we differentiated than the value would come
= 100 - 2Q
And
We know that
MR = MC
100 - 2Q = 8
2Q = 92
Q = 46
Job 1
Direct material 6000
Direct labor 4000
Overhead=4000x
Where x is the predetermined rate
Job 2
Direct material 3000
Direct labor 2000
Overhead=2000x
Total cost=total cost of job 1+Total cost of job 2
18000=6000+4000+4000x+3000+2000+2000x
Solve for x to find the percentage
6000x=3000
X=3000/6000
X=0.5×100=50%
