Answer:
117,000 adjusted COGS
Explanation:
35,000 + 136,000 = 48,000 + COGS
COGS = 123,000 before adjustment
overapplied overhead for 6,000
This means the applied is higher than actual expenses, the cost is 6,000 lower we must decrease the COGS
123,000 - 6,000 = 117,000 adjusted COGS
Answer: Please refer to Explanation,
Explanation:
1. The Profitability Index is a ratio analysis instrument that measures the amount of payoff per Investment. It is calculated with the following simple formula,
= Net Present Value / Investment Required.
Project A
= 473,750/ 860,000
= 0.55
Project B
= 354,930/ 675,000
= 0.53
Project C
= 170,895 / 560,000
= 0.31
Project D
= 169,190 / 760,000
= 0.22
2. - According to Net Present Value
a. Project A
b. Project B
c. Project C
d. Project D
- According to Project Profitability Index
a. Project A
b. Project B
c. Project C
d. Project D
- According to Internal Rate of Return
a. Project A
b. Project D
c. Project B
d. Project C.
Answer:
In the long run, the market will supply any amount of the good at the price where P = min. ATC.
Explanation:
Both supply and demand are more elastic in the long run than the short run, which corresponds to a leveling out of the supply and demand curves.
Answer:
a. Governments may access the resources of fiduciary funds to help support their own programs.
True
b. When a government sponsors an Investment Trust Fund, the portion that belongs to other governments is reported as assets of the Fund, but the portion belonging to the sponsoring government is not.
True
c. The statement of net position for a typical Agency Fund shows assets and liabilities, but no fund balance.
True
d. When reporting on the resources of Pension Trust Funds, equity securities held by the Funds are reported at original cost.
True
Explanation:
