Answer:
(B) $30
Explanation:
We know that,
Producer surplus = Amount paid by the seller - cost of three lawns
$53 = Amount paid by the seller - ($10+ $12 + $15)
$53 = Amount paid by the seller - 37
So, the total price is = $53 + 37 = $90
For per customer it would be equal to
= (Total price) ÷ (number of customers)
= $90 ÷ 3
= $30
Basically it shows a difference between the market price and actual price received by the customer
Answer:
The answer is "6.8442%".
Explanation:
The expected portfolio return is the total average portfolio return for all stocks
ACE fund weight (wA) =3%
ACE fund (ErA) expected return= 11.830%
Bond fund ZQR weight (wB) = 97%.
The ACE fund (ErB) expected return = 6.690%
Expected portfolio return =
Answer: Option A
Explanation: In simple words, real GDP refers to the macroeconomic measures under which the Economist adjust the GDP for the price change over time.
Under such a GDP, the economist tries to find out the volume of output increase rather than the value of the output increase by adjusting the produced commodities for the inflation.
Hence the correct option is A.
Answer:
beta of portfolio is 1.55
Explanation:
First we calculate the Equity Risk Premium, given as:
Equity Risk Premium = Market Return - Risk Free Rate
= 11 - 6 = 5%
Given that;
Risk Free Rate = 6%
Return on Stock = 13.75%
Second, we calculate the Return on Stock
Return on stock = Risk-free rate + Equity risk premium * Beta for stock
Answer:
a) 187,200 applied overhead
b( Overhead T-account
Overhead
<u> Debit Credit </u>
187,200
225,000
<u> 37,800 </u>
225,000 225,000
Balance: 0
c)
Cost of goods sold 37,800 debit
Factory overhead 37,800 credit
Explanation:
78,000 machine hours x 2.40 dollar per hour = 187,200 applied overhead
incurred overhead: 225,000
applied overhead 187,200
as the actual overhead is above the applied amount we underapplied we need to increase it by the difference:
225,000 - 187,200= 37,800