If the return rate of the investment is higher than the interest earned while the money is in savings, it would make more sense to invest the money in order to earn higher returns.
Answer:
The description as per the given question is described below.
Explanation:
The given value is:
Joint costs of processing,
= $150,000
According to the question,
The ratio of sale value will be:
= 
= 
On adding we get,
= 
= 
hence,
The amount of joint cost allocated to each product will be:
Sugar,
= 
= 
($)
Sugar syrup,
= 
= 
($)
Fructose syrup,
= 
= 
($)
Answer:
FIFO
Explanation:
FIFO inventory system means the first purchased inventory are the first to be sold.
The LIFO inventory system means the last purchased inventory are the first to be sold.
The average cost inventory system means that the average cost of inventories are used as the cost of the goods sold.
For example, if a business has a beginning inventory of 5 biros at $2 each. On the first of December, the business purchased 10 pens at $2.50. On the 10th, 5 pens were purchased at $3. 15 pens are sold at $5 each. If the FIFO inventory system is used, the cost of goods sold would be = (5×$2)+(10×$2.50) = $35
Total revenue = $75
Net profit = $40.
If the LIFO inventory system is used, the cost of goods sold =(10 × $2.50) + (5×$3) = $40
Net profit = $35
The net profit is higher using the FIFO method.
I hope my answer helps you
Answer:
$29
Explanation:
Smores corporation produces and sells many camping products
The following data was recorded during its first month of operation
Selling price per unit= 42,000
Selling and administrative expenses= $81
Units produced = 47000 units
Variable per unit= $2
Total= $561,000
Manufacturing costs
Dirct materials= $17
Direct labor= $8
Variable manufacturing overhead= $4
Therefore the unit of product cost can be calculated as follows
= Direct material + direct labor + variable manufacturing overhead
= $17 + $8 + $4
= $29
Hence the unit of product cost is $29
Answer:
The answer is C. Government licensing allows media companies to have a near monopoly.
Explanation:
Not anyone can start a media company just because they want to. There are barriers to entry such as the large capital expenditure, staffing, and the government licensing.
Among these, the major contributor towards the marketto become an oligopoly is the government licensing process.
There are many things to consider and do during the licensing process and it is highly time consuming as well. Moreover, the costs involved is significantly high as well.
