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docker41 [41]
2 years ago
14

Joint products A and B emerge from common processing that costs $116,000 and yields 4,000 units of Product A and 2,800 units of

Product B. Product A can be sold for $280 per unit. Product B can be sold for $100 per unit. How much of the joint cost will be assigned to Product A if joint costs are allocated on the basis of relative sales values
Business
1 answer:
Mandarinka [93]2 years ago
4 0

Answer:

Apportioned joint cost to A=$92,800

Explanation:

<em>Joint costs are the costs incurred up until the split-off where two or more products result from the same production process. These  common costs need to be apportioned among the joint products using any of the following basis:</em>

  1. physical units
  2. Relative sales value basis.

The relative value basis apportions joint costs using the proportion of product individual sales value to the the total sales value.

Total sales value = (280×4,000) + (100×2,800) =1400000

Apportioned joint cost to A =(1,120,000/1,400,000)× 116,000=92800

Apportioned joint cost to A=$92,800

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Open market sales shrink ________ thereby lowering ________. Group of answer choices the money multiplier; the money supply rese
alexandr1967 [171]

Answer: Reserves and the monetary base; the money supply ( please check your options, they are not clear)

Explanation:

An open market operation (OMO) is an operation by a central bank to give lquidity to a bank or receive liquidity in its currency from a bank. A central bank uses OMO as the major means of balancing monetary policy target in terms of inflation, interest rates, or exchange rates, by purchasing or selling of government securities so as to to expand or contract money in the bank system and control interest rates.

The use of open market operations as a monetary policy tool ultimately helps the Fed pursue its dual responsibilities- improving employment and influencing prices—by controlling the supply of reserves in the banking system, which leads to interest rate changes.

Open market sales therefore shrink Reserves and Monetary base thereby lowering the Money Supply.

5 0
2 years ago
Bread, gasoline, and ____ are examples of convenience products.
ella [17]
Bread, gasoline, and newspapers are examples of convenience products.  All of them are goods<span> (consumer item) that are widely available. Consumers purchase this kind of products frequently with minimal effort and with little planning. The convenience products are part of consumers routine. </span>
7 0
3 years ago
Kurt's Adventures, Inc. stock is quite cyclical. In a boom economy, the stock is expected to return 30% in comparison to 12% in
MAXImum [283]

Answer:

15.83%

Explanation:

Calculation to determine is the standard deviation of the returns on Kurt’s Adventures, Inc. stock

First step is to determine l E(r)

E(r) = (.30 *.30) + (.55 *.12) + (.15 *-.20)

E(r)= .09 + .066 -.03

E(r)= .126

Second step is to determine Var

Var = .30 *(.30 -.126)^2 + .55 *(.12 -.126)^2 + .15 *(-.20 -.126)

Var=0090828 +.0000198 + .0159414

Var= .025044

Now let determine the Std dev

Std dev = √.025044 = .15825

Std dev= 15.83 percent

Therefore the standard deviation of the returns on Kurt’s Adventures, Inc. stock.is 15.83 percent

6 0
2 years ago
Norwing LLC is looking to fill its chief executive officer position as its current CEO will soon be retiring. Norwing receives a
Nikitich [7]

<u>Answer:</u> If Norwing does not hire him because he is an African-American, the company has engaged in ethnic discrimination.

<u>Explanation:</u>

Workplace discrimination is illegal which can be based on race, religion, gender, age, disability, nationality origin etc. Ethnicity discrimination means people are from different groups such as racial, religious linguistic basis.

Norwing LLC  has to only consider the skills and capability of the person to be in chief executive officer position. As Henry is the best-qualified applicant for the job the company has to consider in recruiting him rather than discriminate based on his ethnicity that is African-American or else the company has to face legal consequences.

4 0
3 years ago
Which of the following statements regarding the manufacturing systems are incorrect? (1). For a MRP system, customer demand fore
matrenka [14]

Answer:

The Correct Options are "1" and "3"

Explanation:

  • An MRP method is employed to arrange the fabric needed for manufacture and dispatch. Its accustomed make sure that material is on the market for fabrication and merchandise are accessible for dispatch. For this designing request predictions are mandatory to stay the required material in order that product will be made on time and also the production method doesn't get halted. Therefore possibility one is correct.
  • In a pull method the material is made on request and for this simply in phase is incredibly necessary, therefore the association should be adapted to Just in time method and therefore possibility three is correct.
  • In a Kanban method stream of knowledge is vital for correct operational of offer restraint and for this each section ought to add agreement with the alternative sections and therefore the assumed possibility is false.

6 0
2 years ago
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