Answer:
I BELIVE IS
Explanation:
No, a MLO is prohibited from working for two companies at the same time. HOPE IT HELPS
The expected value of buying this insurance policy is $50.
The expected value of buying the insurance policy is the weighted average of probabilities of the cost of the insurance and the cover if Jacob gets into an accident.
If Jacob gets into an accident and is covered, his payout will be:
= benefit - cost
= 10,000 - 750
= $9,250
The probability of this happening is 8%.
If Jacob does not get into an accident he would lose the $750 he paid in insurance premiums. The probability of this happening is:
= 100% - 8%
= 92%
The expected value of the insurance is:
= (probability of accident * payout if there is an accident) + (probability of no accident * payout if there is no accident)
= (8% * 9,250) + (92% * -750)
= $50
<em>More information on expected value can be found at brainly.com/question/17069001.</em>
Answer:
Manufacturing cost per unit is important to monitor. These, in many ways, represent the efficiency of the production process. If labor, material, or overhead costs appear too high then action must be taken. You must change and balance all of these costs to maximize shareholder value.
Answer:
B. $53,600
Explanation:
beginning 0
completed 8,000
WIP 2,000 at 100% materials 50% conversion cost
<u>Materials </u>
Equivalent Units units complete + complete portion of ending WIP
8,000 + 2,000 x 100% = 10,000
Cost per unit 27,000/10,000 = 2.7
<u>Conversion cost</u>
Equivalent Units units complete + complete portion of ending WIP
8,000 + 2,000 x 50% = 9,000
Cost per unit 36,000/9,000 = 4
<u>Total cost per equivalent unit </u> Materials + CC
2.7 + 4 = 6.7
Transferred-out
8,000 x 6.7 = 53,600