Answer:
The equivalent units for conversion cost are 28080.
Explanation:
Firstly, we need to find our how much units are being sold
Units Sold= physical units - ending units
Units sold= 31500 - 11400 = 20100
Then we need to add units sold with percentage completion of ending units in order to find out equivalent units for conversion cost
Formula:
Equivalent units for conv. cost= units sold + (%completion of ending units)
Equivalent units for conv. cost= 20100 + ( 70% ×11400)
Equivalent units for conv. cost= 20100 + 7980
Equivalent units for conv. cost= 28080
Answer: $222,800
Explanation:
Given that,
Sales = $427,000
Cost of goods sold (all variable) = $173,400
Total variable selling expense = $21,200
Total fixed selling expense = $18,900
Total variable administrative expense = $9,600
Total fixed administrative expense = $36,300
Variable expenses:
= Cost of goods sold + Variable selling expense + Variable administrative expense
= $173,400 + $21,200 + $9,600
= $204,200
Contribution margin = Sales - Variable expenses
= $427,000 - $204,200
= $222,800
Answer:
The predicted value of Revenue is $98.24.
Explanation:
The data provided is for the weekly gross revenue, the amount of television advertising and the amount of newspaper advertising.
Determine the regression equation developed to estimate the amount of weekly gross revenue based on television advertising using Excel.
Consider the Excel image for Summary Output for Weekly Revenue Vs. T.V. Adv.
The estimated regression equation with the amount of television advertising as the independent variable is:
<em>Revenue </em>= 89.31 + 1.27 <em>TVAdv</em>
Consider the Excel image for Summary Output for Weekly Revenue Vs. T.V. Adv. & News Adv.
The estimated regression equation with both television advertising and newspaper advertising as the independent variables is:
<em>Revenue </em>= 83.78 + 1.78 <em>TVAdv</em> + 1.47 <em>NewsAdv </em>
For TVAdv = $4.9 and NewsAdv = $3.9 predict the value of Revenue as follows:
Thus, the predicted value of Revenue is $98.24.
The supply of loanable funds is $50 billion. Thus, option c is correct.
The supply of loanable funds considers only national savings( public savings + private savings), thus the supply of funds shall be only $50 billion. The national savings is the rate that measures the amount of income that households, business, and the government saves. It looks at the difference between a nation's income and consumption.
The national savings rate is the GDP that is saved rather than spent in the economy. It is an indicator of a nation's health as it shows the trends in savings.
Hence, option c is correct, that is $50 billion.
Learn more about national savings here brainly.com/question/15109837
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Answer:
For a better valuation of trade.
Explanation:
Mackay could have left out this list and simply said that the root cost 2500 florins. But he gave the list to have a better understanding of the valuation of trade. Now, the cost could have simply being layed out. But then this list helped helped to give a better perspective of the valuation of the bulb and also how it could be used to replace money
