Answer:
Explanation:
Giving the following information:
The company’s sales and expenses for last month follow: sales 616,000 net operating income 31,200
Break-even point= fixed costs/ contribution margin
Break-even point (dollars)= fixed costs/ contribution margin ratio
Contribution margin= selling price - unitary variable cost
Contribution margin ratio= contribution margin/ selling price
Answer:
Ending WIP= $13,500
Explanation:
<u>First, we need to calculate the factory overhead:</u>
Factory overhead= 25,000*0.75= $18,750
<u>Now, the ending WIP inventory:</u>
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
68,250 = 11,000 + 27,000 + 25,000 + 18,750 - Ending WIP
Ending WIP= $13,500
Answer:
Option b. A and B are conditionally independent given C2.
Explanation:
The conditional probability of an event is the probability that a given event will occur given that another event, say A has already occurred.
In a case where events A and B are independent (in this case, where the probability of A has no effect on the probability of B occurring), the conditional probability of an event B given that A has taken place is simply the probability of the event A.
If the two events are not independent, then the probability of an event occurs as an intersection of set A and B.
Answer:
u get free stuff out of it
Answer:
exports more than it imports
Explanation:
Trade surplus is when export exceeds import.
Export is the sum total of goods and services sold to other countries. For example, if clothes are sold to China, it constitutes export.
Import is the sum total of goods and services bought from other countries. If a laptop manufactured in China is sold to someone in the US, this is import
Trade deficit is when a country imports more than it exports
