Answer:
Cost of good manufactured= $1507100
Explanation:
To calculate the cost of manufactured goods we need to use the following formula:
Cost of good manufactured= Beginning work in progress+ direct materials of the period + direct labor + manufactured overhead - ending work in progress
Beginning work in progress= 72400
Direct materials = beginning inventory + purchase - ending inventory= 519800
Direct labor= 226700
Manufactured overhead= 775800
Ending work in progress= 87600
Cost of good manufactured= 72400 + 519800 + 226700 + 775800 - 87600= $1507100
Answer:
decrease and average total cost to increase
Explanation:
Based on the information provided within the question it can be said that in this scenario we would expect Joe's output to decrease and average total cost to increase. This is mainly due to the fact that Joe's Juice Shop is in a monopolistically competitive market meaning that one company controls and dominates the entire market which will ultimately put Joe's Juice Shop out of business.
Answer:
The man will made 15 drawins for 31,468 at their retirement age.
Explanation:
We solve for the future value of the annuity-due (deposits at the beginning)
C 1,000.00
time 25
rate 0.04
FV $375.1168
Now, we calcualte the amount of the withdrawals considering the new rate:
![PV \div \frac{1-(1+r)^{-time} }{rate}(1+r) = C\\](https://tex.z-dn.net/?f=PV%20%5Cdiv%20%5Cfrac%7B1-%281%2Br%29%5E%7B-time%7D%20%7D%7Brate%7D%281%2Br%29%20%3D%20C%5C%5C)
![375.116802253964 \div \frac{1-(1+0.035)^{-15} }{0.035}(1+0.035) = C\\](https://tex.z-dn.net/?f=375.116802253964%20%5Cdiv%20%5Cfrac%7B1-%281%2B0.035%29%5E%7B-15%7D%20%7D%7B0.035%7D%281%2B0.035%29%20%3D%20C%5C%5C)
C $ 31.468
Answer:
Therefore option A is correct.
All firms selling corn must have the same MC regardless of each firms cost structure
Explanation:
In the perfectly competitive market, for profit maximization we set P = MC
In the perfectly competitive market, firms are price taker so demand curve is same for every firm and price is same too, so MC must be same for every firm
Therefore option A is correct ie. all firms selling corn must have the same MC regardless of each firms cost structure.
Answer:
the current yield is 7.49%
Explanation:
The computation of the current yield on the bond is shown below:
The current yield is
= Annual coupon payments ÷ Bond price
= ($1,000 ×6.5) ÷ $867.25
= $65 ÷ $867.25
Hence, the current yield is 7.49%