Answer:
It is cheaper to produce in-house. Cost savings= $3500
Explanation:
We need to find whether it is better to produce in-house or to purchase to a supplier.
Q= 175000
Produce in house:
Direct Materials $15,000
Direct Labor $5,000
Variable overhead $6,000
Fixed overhead $9,000
Total cost= $35000
Outsource:
Purchase Cost= 175000q*$0.18= $31500
Fixed Cost= (9000-2000)= $7000
Total cost=$38500
It is cheaper to produce in-house. Cost savings= $3500
Answer:
The correct answer is $22.5
Explanation:
According to the scenario, computation of the given data are as follows:
We can calculate the price of stock by using following formula:
Price of stock = (Net Income ÷ No of Shares) × PE Ratio
By putting the value in the formula, we get
Price of stock = ( $1,500,000 ÷ $1,000,000) × 15
= $1.5 × 15
= $22.5
A loan is usually gotten from a financial institution to solve a financial emergency which was unplanned for.
<h3>What is a Loan?</h3>
This refers to the obtaining of money from a financial institution and a formal agreement is made for the repayment of the money after a given period of time and with interest.
With this in mind, we can see that loan proceeds can be used to:
- Buy a house
- Go on a trip, etc
Please note that your question is incomplete so I gave you a general overview to help you get better understanding of the concept.
Read more about loans ere:
brainly.com/question/25239160
During the debates over the ratification of the constitution, most people assumed that <u>George Washington</u> would be the first president.
<h3>What is the ratifying the Constitution about?</h3>
The federalists were said to have been in favor of the constitution and they were the set that was said to have wanted a strong national government that the constitution can be able to provided.
Note that the anti-federalists were people who believed that the federalists served as a threat to state governments.
Therefore, During the debates over the ratification of the constitution, most people assumed that <u>George Washington</u> would be the first president.
Learn more about ratification from
brainly.com/question/24638264
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Answer:
6.12 times
Explanation:
Cost of Goods Sold = $84,000 + $660,000 - $120,000
Cost of Goods Sold = $624,000
Average inventory = ($84,000 + $120,000) / 2
Average inventory = $102,000
Inventory Turnover = Cost of Goods Sold / Average inventory
Inventory Turnover = $624,000 / $102,000
Inventory Turnover = 6.117647059
Inventory Turnover = 6.12 times
