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sladkih [1.3K]
3 years ago
5

Whom do price supports benefit and whom do they hurt?

Business
1 answer:
Flura [38]3 years ago
7 0
They benefit producers and hurt consumers
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Compute conversion costs given the following data: direct materials, $381,400; direct labor, $196,500; factory overhead, $194,00
qwelly [4]

Answer:

Conversion costs: c.$390,500

Explanation:

Conversion costs are those production costs required to convert raw material to finished goods. Conversion costs include direct labor and manufacturing overheads costs.

Conversion Costs = Direct Labor cost + Manufacturing Overheads cost= Total Manufacturing Costs – Direct Material cost

With direct labor cost of $196,500; factory overhead cost of $194,000.

Conversion Costs = $196,500 + $194,000 = $390,500

4 0
3 years ago
The following data were taken from the financial statements of Gates Inc. for the current fiscal year. Property, plant, and equi
Alex Ar [27]

Answer:

Ratio of fixed assets to long-term liabilities  = fixed assets / long term liabilities = $971,600 / $694,000 = 1.4

Ratio of liabilities to stockholders' equity = total liabilities / stockholders' equity = $834,000 / $2,780,000  = 0.3

Asset turnover = net sales / average total assets = $21,141,000 / [($3,614,000 + $3,433,000)/2] = 6  

Return on total assets = (net income + interest expense) / average total assets =  ($386,000 + $41,640) / [($3,614,000 + $3,433,000)/2] = 12.14%

Return on stockholders’ equity = net income / average stockholders' equity = $386,000 / [($2,780,000 + $2,558,000) = 14.46%

Return on common stockholders' equity = net income / average common stockholders' equity = $386,000 / [($1,946,000 + $1,724,000) = 21.04%

8 0
3 years ago
The Anson Jackson Court (AJC) currently has $150,000 market value (and book value) of perpetual debt outstanding carrying a coup
ch4aika [34]

Answer:

d. $750,000; 8.9%

Explanation:

The computation is shown below:

A. Current Total Market Value          

Current market value of debt $150,000         The  Current market value of equity $600,000 (10,000 shares × $60)      Market Value  $750,000        

B. Weighted Average Cost of Capital (WACC)         WACC = {Equity ÷ (Equity + Debt) × Cost of Equity} + {Debt ÷ ( Equity + Debt ) × Cost of Debt × (1 - 25%)}

= {$600,000 ÷ ($600,000 + $150,000) × 10%}  + {$150,000 ÷ ($600,000 + $150,000) × 6% × 0.75}  

= ($600,000 ÷ $750,000) × 10% + ($150,000 ÷ $750,000) × 6% × 0.75            = 0.08 + 0.009          

= 8.90%          

Hence, the correct option is D. $7,50,000 ; 8.90%        

3 0
3 years ago
Max, a new supervisor at freson inc., is being trained on skills that managers and union leaders require to encourage employee-m
emmainna [20.7K]
The answer would be: Labor relations
Labor relations is an area within the human resources that is created for better interactions between managers and the employees.
This part of training will often emphasizes what things are encouraged to be done to create a mutually beneficial workplace for all members of the company.
4 0
3 years ago
Read 2 more answers
U.S. Exports are​ _____ produced in​ _____ and sold in​ _____.
WARRIOR [948]

Answer:

D. goods but not​ services; any other​ country; the United States

Let me know if I was wrong

Click the Thanks button if I was right.

<Jayla>

7 0
3 years ago
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