Answer:
Explanation:
The journal entry is shown below:
Not realized gain or loan A/c Dr $300,000
To Estimated liability on purchase of raw material $300,000
(Being the difference is recorded)
The difference is computed by
= Purchase value of raw material - market value of raw material
= $1,500,000 - $1,200,000
= $300,000
Answer: 65
Explanation:
10 or <65
(430-11)/8 =52.375, 11-1 =10+52.375 =62.375-->65
Answer:
Results are below.
Explanation:
<u>To calculate the activities rate, we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Designing= 444,000/13,000= $34.15 per designer hour
Sizing and cutting= 4,210,000 / 169,000= $24.91 per machine hour
Stitching and trimming= 1,490,000 / 75,500= $19.73 per labor hour
Wrapping and packing= 332,000 / 32,000= $10.38 per finished unit
Answer:
C. Less than the variance of each asset, except when the two assets are perfectly positively correlated.
Explanation:
In diversification, there is the less risk in the portfolio that can be determined by the standard deviation. Also the risk can decrease at the time when the asset is lower than the perfect correlation and the same should be place in portfolio. Now if the asset along perfect positive correlation place in the portfolio so the the portfolio risk could be large than the risk of the individuals assets
