Answer:
Hie, the information you have provided is incomplete.
However important information is explained as follows :
To calculate Break - even Point use the formula;
Break even Point (units) = Total Budgeted Fixed Costs / Contribution per unit
<em>Break even Point</em> is the level of operation at which a firm neither makes a profit nor a loss.
Contribution is Calculated as :
Sales : No information xxxx
Less Variable Costs ( Materials + Labor) $11,49
Contribution per unit xxxx
Here is the correct order of investments from Lower Risk to Higher Risk: <span> Treasury bond − Diversified mutual fund – Stock
Treasury bond is released by Government, so unless your country went bankrupt, it is safe to assume that you will get the investment back.
Diversified mutual fund puts your eggs in a lot of baskets So in case one of your investment fail, the others could still support your overall investments
Since the stock is a single entity and really fluctuative, it is considered as the most dangerous type of investment.
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Answer:
<u>Cost Of Goods Manufactured $ 133,000</u>
Explanation:
Peterson Company
Schedule for the cost of goods manufactured
For 2017
Direct Materials (opening Inventory) 21,000
Add Purchases 74,000
<u>Less Ending Inventory (23000)</u>
Materials available for Use 72,000
Add Direct Labor 22,000
Factory Overhead
Indirect Manufacturing Labor 17,000
Plant Insurance 7,000
Depreciation 11,000
<u>Repairs 3000 38,000</u>
132,000
Add Opening WIP 26,000
<u>Less Closing WIP 25,000</u>
<u>Cost Of Goods Manufactured $ 133,000</u>
Answer:
The correct answer is option A.
Explanation:
The law of diminishing returns states that as we go on employing more and more unit of input while keeping other inputs constant, the return from each additional unit of input will go on declining.
This means that the output produced from each additional unit of input will go on declining.
Here, as capital is kept constant and labor is increased by a unit, the output at first increases by 5 units from 20 to 25. But later when input is again increased by a unit, the output increase by only 3 units from 25 to 28.
This shows the law of diminishing marginal returns where the marginal returns from a unit of labor is declining.
C. No, because his lowest balance so far this month has been $2989.30
<span>Start with 3202.93 and add 436.37 = 3639.30 </span>
<span>Then take 650 away (3639.30 - 650 = 2989.20) </span>
<span>It says that he must maintain a minimum of 3000 so when the check cleared he went below this amount. (just verified on apex)
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