Answer:
$3,006,000
Explanation:
The computation of cost of goods manufactured is shown below:-
Cost of Goods Manufactured = Gross Manufacturing Cost + Opening Work in progress - Closing work in progress
= $3,000,000 + $18,000 - $12,000
= $3,006,000
Therefore for computing the cost of goods manufactured we have applied the above formulas and ignore all other values as they are not relevant.
Answer:
The correct answer is option C.
Explanation:
The budget line is also known as the budget constraint. It shows all the combinations of two goods that a consumer can afford to purchase with his limited income. All the points in the budget line different combinations of goods at which the cost of purchasing those goods is equal to consumer's total money income.
The consumer can not purchase the bundles above the budget line because their purchase cost is higher than his income. Though the consumer can purchase the bundles lying below the budget line but they represent allocative inefficiency.
The payback period for the x-ray machine equals 6 years.
<h3>What is a
payback period?</h3>
This means the period of time it will takes a firm to recover the cost of an investment.
<u>Given data</u>
Costs = $24,000
Useful life = 10 years
Reduce operating costs by $4,000
Payback period = $24,000 / 4000
Payback period = 6 years
Therefore, the payback period for the x-ray machine equals 6 years.
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Based on the information given, it should be noted that the total payoff and profit will be -5 and -9.80 respectively.
<h3>How to calculate profit.</h3>
The following are gotten from the complete information:
- Current stock price = 100
- Put option strike= 95
- Put premium = 4.80
- Stock price at maturity = 80
Therefore, the payoff will be:
= (80 - 100) + (95 - 80)
= -20 + 15
= -5
The profit will be:
= Payoff - Put premium
= -5 - 4.80
= -9.80.
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