Answer:
the unit product cost using absorption costing is $119
Explanation:
The computation of the unit product cost using absorption costing is given below:
= Direct material per unit + direct labor per unit + variable manufacturing cost per unit + fixed manufacturing cost
= $45 + $37 + $8 + ($58,000 ÷ 2000)
= $119
Hence, the unit product cost using absorption costing is $119
Answer:
$1,500
Explanation:
With regards to the above, we would compute Benson's Company bad debt expense for 2013 as;
= Estimated uncollectible accounts as of 31, December 2013 - Credit balance in the allowance for doubtful account before adjustment at December 31, 2013.
= $1,800 - $300
= $1,500
Therefore, Benson Company would report $1,500 as bad debts expense in 2013.
Answer:
Real GDP - measure of economic output adjusted to inflation or deflation
Nominal GDP - measure of economic output before adjusting for inflation
Gross National Product - right measure of a country's economic output produced all over the world
GDP - Right measure of a country's output, income and expenses
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.
<span>Quinn could obtain patent protection for the tablet.Patent protection is required because so that other one cannot copy our design of the product if we obtain legal patent from government.Generally a patent doesn't give a right to make or use or sell an invention rather than it provides the right to exclude others from making, using, selling, offering for sale.</span>
Answer:
In order to find the intrinsic value of a stock using the dividend discount method we need to know its growth rate, its last dividend and its required return. When we know these 3 things we can use them in the formula which is
Intrinsic Value = Dividend*(1+Growth Rate)/(Required return - Growth rate)
In this case we know all three of these values which are
D= 3
G= 3%
R= 17%
We will put these values in the formula in order to find the intrinsic value of the stock
3*(1+0.03)/(0.17-0.03)=22.07
The intrinsic value of the stock is $22.07
Explanation: