Answer:
a. $365,000
b. $346,800
Explanation:
The computations are shown below:
a. For product cost:
= Direct materials used + Direct labor + manufacturing overhead
where,
Manufacturing overhead = Indirect labor + Property taxes, factory + Depreciation of production equipment
= $45,000 + $18,900 + $42,200
= $106,100
So, the product cost would be
= $168,100 + $90,800 + $106,100
= $365,000
b. For period cost
= Marketing salaries + Administrative travel + Sales commissions + Advertising
= $51,700 + $100,800 + $50,000 + $144,300
= $346,800
Answer:
maximum
Explanation:
The newsvendor model may be defined as the mathematical model which is characterize by the fixed prices as well as the uncertain demand for the perishable products. This model is mainly used to determine the optimal inventory level.
According to the newsvendor model, there is only one opportunity to order. The cost of buying large quantities of the products may result in disposing them or selling the products at a lower price.
The optimal ordering quantity is maximum when the underage cost is higher than the overage cost.
To answer the question above as to which type of life insurance policy combines term insurance and investment elements is letter C, Universal Life. Universal Life or in other term Permanent life Insurance is a type of insurance to which is flexible low-cost protection and term life insurance as well as the saving elements like the whole life insurance.
Quick ratio = 1.30 (Option C)
<u>Explanation:</u>
Quick ratio or acid test ratio is calculated as follows:
(Cash plus marketable securities plus accounts receivable ) divide by total current liabilities
In our question, we have been given with the data:
Cash = 45 million
Marketable securities = 33 million, accounts receivable = 66 million, total current laibailities = 111 million
So, let us now put the given values in the above stated formula:
Quick ratio = ( 45 plus 33 plus 66) divide by 111
After calculating we get, 1.30
Therefore, the quick ratio is 1.30
Answer:
B. Capital
Explanation:
It would be capital because households pay for the certain goods or services a business has to offer, therefore giving them money. The word "Capital" means funds/money, and since the households are giving the businesses money, they care supplying capitals.
