by default power point slides have one font for _ and one for body text a)footers b)tables c)text boxes d) heading

Beck Company has inventory of $ 740 comma 000 in its stores as of December 31. It also has two shipments inminustransit that lef

EastWind [94]

Answer:

The invention balance sheet as at 31 December is $923,000

Explanation:

In this question, we are asked to calculate the amount of money Beck company will report in its balance sheet as of December 31st.

To do this, we simply employ a mathematical approach.

Mathematically, the amount of inventory recorded by Beck company on its balance sheet as of December 31st would be;

Inventory in stores + Goods in consignment + Good in transit F.o.b shipping point

We identify these values as follows;

Inventory in stores = $740,000

Goods in transit f.o.b shipping point = $108,000

Goods in consignment = $75,000

The amount of inventory Beck company should record will be; $740,000 + $108,000 + $75,000 = $923,000

3 0

3 years ago

Wheeler Company can produce a product that incurs the following costs per unit: direct materials, $11.00; direct labor, $25.00,

Oksi-84 [34.3K]

Answer:

$3.20 per unit

Explanation:

In this question, we have to compare the cost between two cases

In the first case, the total cost per unit would be

= Direct materials per unit + direct labor per unit + overhead cost per unit

= $11 + $25 + $17

= $53

In the first case, the total cost per unit would be

= Purchase price + overhead cost

= $48.55 + $17 × 45%

= $48.55 + $7.65

= $56.20

So, the difference would be

= $56.20 - $53

= $3.20 per unit

3 0

3 years ago

Jane receives utility from days spent traveling on va- cation domestically (D) and days spent traveling on vacation in a foreign

sammy [17]

Answer:

Explanation:

A point on U=800 is (5, 16)

From BL:

400*F+100D =4000

400*5+100*16 =3600<4000

Therefore u = 800 affordable.

U= 1200

F = 1200/10D

If D = 20

F = 1200/200

=6

Now from BL:

400*6+100*20= 2400+2000=4400>4000

Not affordable.

Maximization:

L = 10DF+ʎ[100*D+400*F – 4000]

Differentiating wrt D and F:

dL/dD = 10F + ʎ*100

dL/dF = 10D +ʎ*400

equating to zero;

ʎ= -F/10

ʎ=-D/40

equating the two:

F/10=D/40

D = 4F

From BL:

400*F+100*D = 4000

400F+100*4F = 4000

800F = 4000

F = 5

D = 4*5=20

7 0

4 years ago

How can an increase in prices affect consumption?

Evgesh-ka [11]

In increase in prices makes less people want to buy

4 0

3 years ago

Read 2 more answers

If it would be cheaper to give each steelworker $375,000 per year in cash than impose restrictions on steel imports, why do we h

Novosadov [1.4K]

Answer:

To increase the profits of the steel manufacturing firms

Explanation:

import restrictions are placed by Government to help protect domestic industries from larger and stronger foreign industries. this restrictions can be in a form of Import quota or increased import tariffs.

The payment of Steel worker $375000 per year is economically cheaper than placing import restriction on steel imports but this will lead to an increase in domestic competition in the production of steel hence the Already existing domestic steel industries will experience a decrease in profits. hence import restrictions is better for the survival of local steel industries.

3 0

3 years ago