Answer:
Maximize 30A + 40B.
Explanation:
Given that
Profit margin of product A = $30 per unit
And, the Profit margin of product B = $40 per unit
And, let us assume that
Number of product A produced is A
And, the Number of product A produced is B
So, the total profit is
= 30A + 40B
And, this reflects the maximum profit
All other information which is not given is not relevant. Hence ignored it
Answer:
Option "C" is the correct answer to the following question.
Explanation:
Given:
Issue price of share = $100
Market price per share = $100
Preferred stock dividend rate = 7%
Computation of dividend per year :
Dividend per year = Issue price of share × Preferred stock dividend rate
Dividend per year = $100 × 7%
Dividend per year = $7
Dividends are always paid to preferred stock at fixed rates at face value.
Answer:
By 186% the price of a dozen eggs rise.
Explanation:
Given that,
Cost in December 2000 = $0.96
Cost in December 2015 = $2.75
Average wage for December 2000 = $14.28 per hour
Average wage for December 2015 = $21.26
By considering these information, we are able to calculate the increase price percentage of a dozen eggs. The calculation is shown below:
= (December 2015 price - December 2000 price ) ÷ (December 2000 price) × 100
= ($2.75 - $0.96) ÷ ($0.96) × 100
= ($1.79) ÷ ($0.96) × 100
= 186%
Thus, by 186% the price of a dozen eggs rise.
Option D. The term relevant range is the range over which Cost relationships are approximately linear.
<h3>What is relevant range?</h3>
This is the term that is used to refer to the assumption that the cost relationships are valid.
What this means is that the existing relationship between cost and any activity are linear, in a straight line.
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Answer:
expensed in the period in which the product is manufactured.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.
Generally, a product cost or the cost associated with the manufacturing of a particular product is expensed within the period in which it was manufactured by the firm.
