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lutik1710 [3]
2 years ago
8

The following costs were incurred in May:

Business
1 answer:
algol132 years ago
3 0

Answer:

d. $55,600

Explanation:

Direct Labor = $34,000

Manufacturing Overhead Cost = $21,600

Conversion Cost = Direct Labor + Manufacturing Overhead Cost

Conversion Cost = $34,000 + $21,600

Conversion Cost = $55,600

So, the conversion costs during the month totaled $55,600.

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The market for corn in Brazil has a large number of sellers and there is no difference in the products sold by each seller. As t
LenaWriter [7]

Answer:

Option (b) is correct.

Explanation:

In a market condition of pure competition, there are large number of buyers and sellers of the product. The sellers in this market condition are behaving like a price taker.

If a single firm wants to increase the price of the product then as a result the demand for their product is reduced or become zero.

There are some characterstics of the firms under pure competition market condition:

(i) They are selling homogeneous products.

(ii) Price taker firms

(iii) Large no. of buyers and sellers

 

8 0
3 years ago
Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 3,100 client-visits,
Degger [83]

Answer:

$354 Favorable

Explanation:

Net Operating Income in Planned budget = Revenue - Total Expense

Net Operating Income in Planned budget = (3,100*$35.10) - (3,100*$17.40 + $44,400)

Net Operating Income in Planned budget = $108,810 - $98,340

Net Operating Income in Planned budget = $10,470

Net Operating Income in Flexible budget = Revenue - Total Expense

Net Operating Income in Flexible budget = (3,080*$35.10) - (3,080*$17.40 + $44,400)

Net Operating Income in Flexible budget = $108,108 - $97,992

Net Operating Income in Flexible budget = $10,116

Activity variance for net operating income = Net Operating Income in Planned budget - Net Operating Income in Flexible budget

Activity variance for net operating income = $10,470 - $10,116

Activity variance for net operating income = $354 Favorable

7 0
3 years ago
Which bank does not charge at all for using the ATM?
const2013 [10]
Bank A is the answer
6 0
3 years ago
Hi-Tek is a young start-up company. No dividends will be paid on the stock over the next 9 years, because the firm needs to plow
Elza [17]

Answer:

The price of the stock today is $16.83

Explanation:

The current price per share can be estimated using constant growth model of  the DDM. The price per share can be calculated using the following formula,

P0 = D1 / r - g

To calculate the price today, we use the dividend expected for the next period. Thus, using the dividend that will be paid at t=11 or D11, we can calculate the price of the stock at t=10. We further need to discount this price using the required rate of return for 10 years to calculate the price of the stock today.

P10 = 6 * (1+0.04)  /  (0.14 - 0.04)

P10 = $62.4

The price of the stock today will be,

P0 = 62.4 / (1.14)^10

P0 = $16.83

8 0
2 years ago
Read 2 more answers
Becky was asked to divide a rectangle into 4 equal pieces and to shade one of those pieces. is becky right or not?
gayaneshka [121]
Need to see the picture
4 0
3 years ago
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