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3 years ago

Which of the following is true concerning cost drivers for the predetermined overhead rate in a process-costing system?

Business

1 answer:

Georgia [21]3 years ago

5 0

Answer and Explanation:

c. If direct labor cost is the cost driver, direct labor and manufacturing overhead may be combined into the single element of conversion cost.

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If a firm's average total cost is less than price where MR = MC,

bekas [8.4K]

Answer:

C. the firm should produce if its price exceeds average variable cost.

Explanation:

WHen average total cost is less that price, this means you are making a profit, and since they are in the equilibrium sate with Margina revenue being equal to marginal cost, they are in the sweet spot of production, so the only thing left for them is producing if its price exceeds average variable cost, and that would maximize their profits.

3 0

3 years ago

Need help asap lol help lol lol

brilliants [131]

C, because debtors like having narrower debts.

3 0

3 years ago

Read 2 more answers

Assume that you are the portfolio manager of the SF Fund, a $3 million hedge fund that contains the following stocks. The requir

borishaifa [10]

Answer:

11.11%

Explanation:

<em><u>The full question with table is attached.</u></em>

We need the rate of return formula using Capital Asset Pricing Model (CAPM). The formula is:

$R=R_f+\beta(R_m-R_f)$

Where

R is rate of return (what we need)

$R_f$ is risk-free return rate (5% = 0.05)

$R_m$ is the market rate of return (11% = 0.11)

To get $\beta$ , we take the weighted average of the portfolio.

Weight of Stock A = 1,075,000/3,000,000 = 0.3583

Weight of Stock B = 675,000/3,000,000 = 0.225

Weight of Stock C = 750,000/3,000,000 = 0.25

Weight of Stock D = 500,000/3,000,000 = 0.1667

Portfolio Beta = (0.3583*1.2) + (0.225*0.50) + (0.25*1.40) + (0.1667*0.75) = 1.02

Now, we calculate rate of return using CAPM formula:

$R=R_f+\beta(R_m-R_f)\\R=0.05+1.02(0.11-0.05)\\R=0.1112$

That is 11.12%, or from answer choice, it is <u>11.11%</u>

7 0

3 years ago

You are the CEO of a company that has to choose between making a $100 million investment in either Russia or Poland. Both invest

dimulka [17.4K]

Answer: When assessing the risks of investment, one should consider the political, economic, and legal risks of doing business in either Russia or Poland. The risk in Russia would probably be considered higher than the risk in Poland since Poland has been a member state of the European Union since 1 May 2004, with the Treaty of Accession 2003 signed on 16 April 2003 in Athens as the legal basis for Poland's accession to the EU.

Poland has already gained benefits and stability offered by the EU. Russia, by contrast, is still many years away from even being in a position to be considered by the EU for membership.

Explanation: A diligent investor wouldn't put a penny in a risky country.

8 0

3 years ago

Check My Work (1 remaining) Fraud detection is an important element of minimizing losses from fraud, and it is important that fr

Alexandra [31]

<h2>True. The early detection of fraud avoids greater loss.</h2>

Explanation:

The early detection of fraud needs to be done for the following reason:

Fraud will continue if not found earlier and thus leads to greater loss
The fraud team is not widen before huge loss happens
Easy to recover
Possibility of finding the loop holes even if it is from external sources
Detects weakness in the internal control and eradicate and make the system secure
Avoid huge loss and threats
To gain profits
To keep up the name of the organization
To bring business and to retain customers

4 0

3 years ago