Answer:
The beta of the stock must be = 1.315 (approx).
Explanation:
Considering the following formula, we get:
expected return = 16
Risk free rate = 6.4
Market risk premium = 7.3
expected return=risk-free rate+beta* market risk premium
hence
16 = 6.4 + beta * 7.3
hence beta=(16 - 6.4)/7.3 =1.315(approx).
Answer: 128,000 materials; 144,000 conversion
Explanation:
Materials
Equivalent Units of Production = Units transferred out + Percentage complete of ending inventory
= 120,000 + (20% * 40,000)
= 128,000 units
Conversion
Equivalent Units of Production = Units transferred out + Percentage complete of ending inventory
= 120,000 + (60% * 24,000)
= 144,000 units
Answer:
= $120,500.00
Explanation:
<em>Flexible budget </em><em>is that which is that which recognizes the cost behavior and is used for control purpose. It is prepared based on the actual level of activity achieved.</em>
Kindly note that the $59,000 depreciation is a fixed cost which do not vary with the hours of production.
The flexible budget for the department will be
<em>Direct Labour budget</em> = ( 51000/3400) × 4,100
= $61,500.00
<em>Equipment depreciation</em>= $59,000
Total flexible budget = $61,500.00 + $59,000
= $120,500.00
<span>Petroleum is the main resource that can be used
for electricity, vehicle fuel, and heat. It is a naturally occurring substance
that is processed and added with other ingredients to perform efficient
functions of many mechanical activities in society. Petroleum prices all over
the world vary when the petroleum market’s values fluctuate through time.</span>
Answer:
C. $ 0.
Explanation:
Provided that
Book value of the old machine = $81,300
The Fair value of the old machine = $91,400
So, we can see that there will be a gain of
= Fair value - book value
= $91,400 - $81,300
= $10,100
But this gain would not be recognized in case of lacking commercial substance. So, there would be zero gain or loss