Answer:
The correct order of the steps is: 2. / 4. / 1. / 3.
Explanation:
The correct order of the steps is:
Summarize the physical flow of units and calculate equivalent units.
Summarize the costs to be accounted for.
Assign costs to completed units transferred out and units remaining in WIP Inventory.
Answer:
16.62%
Explanation:
First, use CAPM to find the expected return of each stock;
r= risk free + beta (market risk premium)
<u>UPS;</u>
r = 0.06 +(1.6*0.09)
r = 0.204 or 20.4%
<u>Walmart;</u>
r = 0.06 + (0.9*0.09)
r = 0.141 or 14.1%
Next find the return of portfolio;
Let UPS be represented by <em>U </em>and Wal-Mart by <em>W</em>
rP = wU*rU + wW*rW
P= portfolio
w= weight of...
r = return of....
rP = (0.40*0.204) + (0.60 * 0.141)
rP = 0.0816 + 0.0846
rP = 0.1662 or 16.62%
Therefore, the expected return on a portfolio is 16.62%
Answer:
Based on the information supply of cards is more elastic (price sensitive) than that of roses
Explanation:
Price elasticity of supply is defined as the sensitivity of quantity supplied to changes in price.
The formula is given below
Price elasticity of supply= Change in quantity supplied ÷ Change in price
In this scenario the demand for both roses and cards increases, however the price of roses increases more.
This implies that the denominator in the formula is higher in roses resulting in smaller price elasticity of supply.
The elasticity of supply for cards is higher than that of roses, so it is more sensitive to changes in price.
Cards can be stored from year to year so the labour for maintaining a stock of cards is low with resultant low price.
On the other hand roses require care to grow. It requires watering, application of chemicals to treat infestation and so on. So suppliers tend to push the extra cost of growing roses to the buyers
Answer:
The annual capacity is 85000 units. If order is accepted of 12000 units the company will be able to sell only 73000 units (instead of 78000).
Explanation:
Current Net Income calculation and New Net Income calculation are atteched in the archive.
- Increase in income = new income – old income = 370000 – 340000 = $30000
- Marston’s Net Income will INCREASE by $30,000 if it accepts the special order.
- The above increase can be also understood as---
Contribution gain on special order – 12000 units x ($105-$90) = $180,000
(-) Contribution lost of normal sale – (78000 units – 73000 units) x ($120-$90) = $150000
Net INCREASE = 180000 – 150000 = $30,000
Answer:
Paul's major part of assessment is of the target markets. So, he is about to write about:
A. Environmental analysis
Explanation:
In the question given:
Paul is an owner of a retailer store and mostly sells all the local products which are being supplied by the farmers and also some small food items and beverages businesses are being done in his store.
He carries a personality and believes in himself that he can become very much successful and so he had built many partnerships with different players in the industry.
He keeps a nice behavior with his customers and so they frequently visit his store for buying the products and become his loyal customers.
The problem which he is facing with his business is that there are many people who do not realize their is a store which exists so to spread awareness and to attract them towards his company he thought of a plan which is to write a marketing plan that will outline his marketing activities he will require to take down to enhance and attract the customers.
So, he is at a stage where he is gathering informations about the situation of the firm with respect to the market.
So, Paul's major part of assessment is of the target markets. So, he is about to write about:
A. Environmental analysis