Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Your question should be complete with details. I managed to check from other sources the details and the complete question:
below is the solution:
<span>$175,000 - $110,000 DL = $65,000</span>
Answer:
correct option is A. $331,000
Explanation:
given data
Direct materials = $86,000
Direct labor = 130,000
Variable factory overhead = 57,000
Fixed factory overhead = 135,000
Total costs = $408,000
avoidable = $58,000
to find out
highest price that McMurphy should be willing to pay for 12,000 units of the part is
solution
we get here highest price that McMurphy should be willing to pay for 12,000 units of the part that is express as
highest price = Direct material + Direct Labor + variable factory overhead + avoidable fixed overhead .....................1
put here value we get
highest price = $86000 + $130000 + $57000 + $58000
highest price = $331,000
so correct option is A. $331,000
Answer:
The answer is: A) Mary Jane has a comparative advantage in law so she should specialize in law and hire a carpenter to make her cabinets.
Explanation:
Mary Jane has a comparative advantage by working as a lawyer over working as a carpenter. As a lawyer she can earn $150 an hour.
Considering that Mary Jane is 3 times as fast as a good carpenter, her work as a carpenter could be valued as the combined work of three carpenters. But even three carpenters earn less than a lawyer; $60 an hour ($20 an hour per carpenter times 3 carpenters).
So Mary Jane definitely should work as a lawyer and hire a carpenter or even three carpenters to build her cabinets.
Answer:
1. Inventory account will be affected and assertions of accuracy and valuation will be violated.
2. Assets are overstated and assertion classification is violated.
3. Liability is understated and assertions of accuracy is violated.
4. No impact.
Explanation:
Assertions are certain claims of a business which a business must fulfill in order to make its financial statements reliable. A company has to record the expense when it is incurred in order to provide accuracy in valuation. In the given cases the assertions are violated which impact business accounts.
Answer:
to get 5,00,000 australian dollar at the forward rate we are goign to need 4,704,000 US dollars
Explanation:
spot x (1 + (US rate - Australia rate) x time)
0.96 x (1+(0.03-0.05)x1 year) =
0.96 x 0.98 = 0.9408 forward exchange rate
$5,000,000 Australian Dollar * 0.9408 = 4,704,000 US dollars
