Answer:
Materials used in production go to Work in Process so;
= 936 + 1,690 + 767
= $3,393
The materials used in the general factory will go to Manufacturing Overhead.
Date Debit Credit
Jan 31 Work in Process $3,393
Manufacturing Overhead $ 667
Raw Materials Inventory $4,060
Answer:
C. Sleeping in late and waking up early.
Explanation:
Two or more events are said to be mutually exclusive if and only if they can't happen at the same time.
Going with the above brief analysis, we.can easily say which of the pair of events is not mutually exclusive.
1. Rolling a 4 on a six-sided die and on a four-sided die
It's 100% possible to have an outcome of 4 when a 4 sided die and when a 6 sided die are rolled, whether at the same time or on different occasions. So, this pair of events are not mutually exclusive
2. Making rice and making corn
This pair of events are not mutually exclusive because it's possible to make rice and corn at the same time either together as a meal or separately using different cooking utensils
3. Sleeping in late and waking up early
This pair of events are mutually exclusive. This is so because literally, it's not possible to sleep late and wake up early at the same time.
You sleep early to wake early and you sleep late to wake late.
4. Going to work and riding the bus.
This pair of events are not mutually exclusive because they can occur at the same time when you go to work a bus.
So, option C is the correct answer
Answer:
Increase in income= $1,215,000
Explanation:
Giving the following information:
Billings Company has the following costs when producing 100,000 units: Variable costs $600,000 Fixed costs 900,000 An outside supplier has offered to make the item at $4.50 a unit. If the decision is made to purchase the item outside, current production facilities could be leased to another company for $165,000.
We don't know if all the fixed costs belong to the current production facilities. We will assume it does.
Current total cost= 600,000 + 900,000= $1,500,000
Buy= 4.5*100,000 - 165,000= 285,000
Increase in income= 1,500,000 - 285,000= $1,215,000
Answer:
c. $8,062.31 in nominal terms.
Explanation:
The portfolio value required which is at the end of 20 years is the future value of the amount invested initially($1000) , compounded at the nominal rate of return 11% per year as shown below:
FV=PV*(1+nominal interest rate)^n
PV=present value=initial invested=$1000
nominal interest rate=11%
n=time horizon of the investment=20 years
FV=$1000*(1+11%)^20= 8,062.31
