Factors of production are common to all productive activities, regardless of the economic system. Labor, as a factor of production, relates only to the production of manufactured goods; services are not included. So it is True
Answer:
Tthe cost of goods manufactured is c. $122,000
Explanation:
The cost of goods manufactured = The beginning of work in process + Cost of materials used + Direct labor costs + Factory overhead - The ending of work in process.
Gunner Manufacturing has the financial records: Cost of materials used $45,000 Direct labor costs 48,000 Factory overhead 39,000 Work in process, beginning 18,000 Work in process, ending 28,000.
Therefore,
The cost of goods manufactured = $18,000 + $45,000 + $48,000 + $39,000 - $28,000 = $122,000
Answer:
The answer options for this question would be the following:
A. permitted if a branch manager approves
B. permitted if the customer's verbal permission has been tape recorded
C. permitted if the customer follows up with written permission within 48 hours
D. prohibited
The correc answer is D. prohibited.
Explanation:
A customer's signature may not be falsified under any circumstances, even if the customer gives permission to do so.
It is determined that if there is a crime according to arts. 292 and 296 of the Penal Code, on the occasions when the signature of the represented or sponsored person is falsified in judicial writings, when subsequent statements by the person who maintains that he signs the piece acknowledges that it belongs to him, thus accepting the consequences that it would entail.
Answer:
Excess return=0.1575=15.75%
Explanation:
Given Data:
Stock R beta=2.5
Stock S beta=0.25
return on an average stock=10%
the risk-free rate of return=3%
Required:
Excess return=?
Solution:
Difference in beta=Stock R beta-Stock S beta
Difference in beta=2.5-0.25
Difference in beta=2.25
Market Premium= return on an average stock-the risk-free rate of return
Market Premium=10%-3%
Market Premium=7%
Excess return=Market Premium*Difference in beta
Excess return=7%*2.25
Excess return=0.07*2.25
Excess return=0.1575=15.75%
