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4 years ago

Question in picture

Business

1 answer:

Viktor [21]4 years ago

4 0

The answer is 2, relating new information to prior knowledge.

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Lorillard Corporation has the following information for April, May, and June 2018: April May June Units produced 12,500 12,500 1

Llana [10]

Answer:

April ending inventory cost= $121,875

Explanation:

As per the data given in the question,

Unit production cost Absorption cost Variable cost

Direct material $15 $15

Direct labor 10 10

Variable factory overhead 7.5 7.5

Fixed factory overhead 5

Total cost $37.5 $32.5

Finished goods inventory = 12,500 - 8,750 = 3,750

Finished goods inventory cost using absorption costing = 3,750 × $37.50

= $140,625

Finished goods inventory cost using variable costing = 3,750 × $32.50

= $121,875

6 0

3 years ago

g Ron and Dena own the only two profit maximizing sandwich shops in town. Both Ron and Dena are trying to decide whether or not

algol13

Remainder part of Question:

Dena

Advertising Don't Advertise

Ron Advertising ($X, $400) ($300, $425)

Don't Advertise ($400, $100) ($350, $Y)

Answer:

Part A. Don't Advertise" is a dominant strategy only for Ron if the value of X is below $400.

Part B. "Don't advertise" is a dominant strategy only for Dena if the value of Y is below $100.

Explanation:

If Dena is desiring to opt to "Advertising", then Ron will only have more pay off in choosing "Don't advertise" if the X is below $400.

On the other hand, if Dena is desiring to opt "Don't Advertise", then Ron will only have more pay off in choosing "Don't advertise" if again X is below $400.

This means that the "Don't Advertise" is a dominant strategy only for Ron if the value of X is below $400.

Similarly, if Ron desires to opt "Advertising", then Dena will only have more pay off in choosing "Don't advertise" if the value of Y is below $100.

On the other hand, if Ron is desiring to opt "Don't Advertise", then Dena will only have more pay off in choosing "Don't advertise" if the value of Y is below $100.

This means that the "Don't advertise" is a dominant strategy only for Dena if the value of Y is below $100.

8 0

4 years ago

Identify the self-assessment test that each statement describes.

Xelga [282]

529 plan would be the answer

3 0

3 years ago

Read 2 more answers

If the Federal Reserve were to change from an expansionary to a contractionary monetary

zzz [600]

Answer:

B) systematic risk

Explanation:

Federal Reserve changes in monetary policies affect the entire securities market hence considered a Systematic risk. It is also known as the Non-diversifiable risk ; it cannot be diversified away unlike stock specific or industry specific risk(unsystematic ) which can be eliminated through diversification.

Systematic risk is unavoidable and may be difficult to predict. Other examples include increase in long term interest rates, recessions or wars. Additionally, Investors are only compensated for systematic risk and not for diversifiable risk.

6 0

4 years ago

Two power plants provide power to Chapel Hill residents: plant UNC and plant Duke. Both plants burn coal to produce electricity,

Sveta_85 [38]

Answer:

a. The socially efficient levels of abatement for UNC power plant is 10.

Explanation:

Note: See the attached Microsoft word file for the calculations of the anwers above.

7 0

3 years ago