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Aliun [14]
3 years ago
10

Assume that the following events occurred at a division of Generic Electric for March of the current year:

Business
1 answer:
Crank3 years ago
6 0

Answer:

$192 million; $153.60 million; $38.40 million

Explanation:

Given that,

Direct material purchased = $80 million

Direct labor costs = $51 million

Manufacturing overhead = $77 million

Percent of the work-in-process completed = 80%

(1) Transfers-In:

= Direct materials + Direct labor costs + Manufacturing overhead

= (80% × $80 million) + $51 million + $77 million

= $64 million + $51 million + $77 million

= $192 million

(2) Transfer-out:

= Transfers-In × percent of the work-in-process completed

= $ 192 million × 80 %

= $ 153.60 million

(3) Ending Balance:

= Transfers-In - Transfer-out

= $192 million - $ 153.60 million

= $38.40

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Answer:

what price will maximize the country's revenue

maximizing price, therefore, is 90+x, and the number of barrels sold is 7,000,000−100,000x.

Explanation:

revenue=price×quantity

The price is 90+x, where x is the change in price, and the quantity is 7,000,000−100,000x

take the derivative of that function.

r(x)=(90+x)(7,000,000−100,000x)=−100,000x2−2,000,000x+630,000,000⇒r′(x)=−200,000x−2,000,000

maximizing price, therefore, is 90+x, and the number of barrels sold is 7,000,000−100,000x.

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3 years ago
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3 years ago
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Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approximate mont
devlian [24]

Answer:

Monthly interest rate = 2.16666667%

Explanation:

Given:

Annual percentage rate = 26% = 26 / 100 = 0.26

Total number of months in a year = 12 month

Monthly interest rate = ?

Computation of monthly interest rate :

Monthly interest rate = Annual percentage rate / Total number of months in a year

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6 0
4 years ago
According to Maslow, when Clorox wipes highlight the germ-harboring aspect of conventional sponges, it is addressing
Marina86 [1]

Answer:

According to Maslow, when Clorox wipes highlight the germ-harboring aspect of conventional sponges, it is addressing

C. Physiological Need for Health

Explanation:

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Safety Needs: Need of personal security, property, resources etc

Need of Belonging: Having friends, family, people to talk to with etc

Esteem Needs: Need for self respect, freedom, status, recognition etc.

Self-actualization Need: Reaching the heights where one can go and attaining the most highest form of something which one desires.

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7 0
3 years ago
On April 1, 20X4, Kew Co. purchased new machinery for $300,000. The machinery has an estimated useful life of five years, and de
Afina-wow [57]

Answer:

The answer is B. $180,000

Explanation:

The sum of years' digits method is an accelerated depreciation that is based on the assumption that the productivity of the asset decreases with time.

Here, the sum of the digits are found. In this question, useful life is 5 years. So the sum of the digit is:

5+4+3+2+1 = 15.

April 1 20X4 through March 31 20X6 is 2 years.

First year depreciation is:

5/15 x $300,000

=$100,000

2nd year depreciation is:

4/15 x $300,000

=$80,000

Therefore, accumulated depreciation is

$100,000 + $80,000

$180,000

7 0
3 years ago
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