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3 years ago

Information from the records of the Abel Corporation for July 2018 was as follows:

Business

1 answer:

artcher [175]3 years ago

7 0

Answer:

a. $969,000

Explanation:

Calculation for what The total product cost is

TOTAL PRODUCT COST

Direct Material Used $264,000

Direct Labor $300,000

Factory Overhead $405,000

Total Product Cost $ 969,000

($264,000+$300,000+$405,000)

Therefore The total product cost is $ 969,000

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The production budget shows expected unit sales of 32,000. Beginning finished goods units are 3,600. Required production units a

Julli [10]

Answer:

desired ending inventory 5,200

Explanation:

sales for the period 32,000

desired ending inventory ??

Total requirement ??

Beginning Inventory (3,600)

Required production units 33,600

The beginning inventory are units we already have, so it decrease the required production to fulfil the total requiremets

requirement - beginning inventory = production

requirement - 3,600 = 33,600

requirement = 33,600 + 3,600 = 37,200

Then, our requirement is the sum of the sales forthe period and the desired ending inventory

sales + desired ending inventory = required units

32,000 + desired ending inventory = 37,200

desired ending inventory = 37,200- 32,000 = 5,200

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4 years ago

It has been argued that the traditional model of a full-service, lead advertising agency is becoming obsolete. Discuss the chang

vlada-n [284]

Answer:

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Explanatio

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3 years ago

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Consider two ways to protect your car from theft. the club is a conspicuous steering wheel lock that makes it difficult for a th

Lostsunrise [7]

Answer:

The question is incomplete. What is the question? Is it true or False? Can you please provide the whole question, so that I can help you?

Explanation:

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4 years ago

If your risk-aversion coefficient is A = 4.4 and you believe that the entire 1926–2015 period is representative of future expect

tamaranim1 [39]

Answer:

=> fraction of the portfolio that should be allocated to T-bills = 0.4482 = 44.82%.

=> fraction to equity = 0.5518 = 55.18%.

Explanation:

So, in this question or problem we are given the following parameters or data or information which are; that the utility function is U = E(r) – 0.5 × Aσ2 and the risk-aversion coefficient is A = 4.4.

The fraction of the portfolio that should be allocated to T-bills and its equivalent fraction to equity can be calculated by using the formula below;

The first step is to determine or Calculate the value of fraction to equity.

Hence, the fraction to equity = risk premium/(market standard deviation)^2 - risk aversion.

= 8.10% ÷ [(20.48%)^2 × 3.5 = 0.5518.

Therefore, the value for fraction of the portfolio that should be allocated to T-bills = 1 - fraction to equity = 1 - 0.5518 =0.4482 .

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3 years ago

The data given below are from the accounting records of the Kuhn Corporation: Net Income (accrual basis) $ 65,000 Depreciation E

emmasim [6.3K]

Answer:

Explanation:

Operating activities : It includes all activities related to the changes in the working capital or changes in the current assets and current liabilities.

The increase in current liabilities increase the cash and decrease in current liabilities decrease the cash, so the adjustment is made accordingly. But it is opposite with the current assets.

The Net cash in operating activities under indirect method is shown below:

= Net income + Depreciation expense - decrease in accounts payable + decrease in inventory - increase in accounts receivable

= $65,000 + $19,000 - $3,500 + $4,000 - $6,500

= $78,000

The other effect like increase in bond payable, sale of common stock for cash is classified under financing activities. Thus, it is not considered in computation part.

Hence, the Net cash in operating activities under indirect method is $78,000

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3 years ago