Answer:
18,900 units were produced during the period
Explanation:
General, selling, and administrative expenses does not make part of the Manufacturing Overhead Costs so the calculation of the units is as follow:
(Direct materials + Wages for production workers + Lease payments, utility costs, and depreciation on factory equipment) / the average cost to produce one unit
( $28,810 + $49,900 + $13,900) / $4.90 = $92.610,00 / $4.90 = 18,900
Answer:
Entrepreneurship is important, as it has the ability to improve standards of living and create wealth, not only for the entrepreneurs but also for related businesses. Entrepreneurs also help drive change with innovation, where new and improved products enable new markets to be developed.
Positive. Positive Parenting is the answer. I just had this question and It is correct.
<span>18750
Explanation: As per Revenue Recognition Principle, one of the principles is the amount of revenue can be reasonably measured, that means the revenue earned should be measurable. Another principle is costs of earning the revenue can be reasonably measured. Therefore, the revenues and costs should both be reasonably measurable. In the above case, both revenue and cost are measurable.
In the above case, the passes are sold in advance because the passes are good for one year, that means the customers paid the money in advance for the whole year on January 1. Advance payments are generally considered as current liabilities in company's balance sheet and the revenue will be recognized with time as the services will be provided.
So, in this case, the total revenue is 75 x 3000 = 225, 000 (whole year),
Per month revenue will be 225,000/12 = 18,750 .</span>
Answer:
The portfolio beta is 1.08
Explanation:
The portfolio beta is the function of the weighted average of the individual stock betas that form up the portfolio. The weighatge is assigned to the stocks based on the investment in the stock as a proportion of the total investment in the portfolio. Thus, the portfolio beta is,
The investment in Con Edison = 45000 - 21200 - 10000 = $13800
Portfolio beta = 21200/45000 * 1.3 + 10000/45000 * 1 + 13800/45000 * 0.8
Portfolio beta = 1.08
