Answer:
Correct Answer:
4. minimizes total transportation costs.
Explanation:
When a good transportation method is applied, it helps in minimizing the transportation cost involved in moving goods and services from one location to another. <em>For example, it cost 2 million dollars to transport a particular product. With good transportation model, it would definitely be cheaper.</em>
Answer: Option(D) is correct.
Explanation:
Correct option: Act as if they were monopolies.
Cartel is a group of few firms that work towards the common goal. Because all the cartel members works together, that's why they act like a monopolies.
They decided to produce at a level where their combined marginal revenue is equal to the combined marginal cost.
Because they behave like a monopolist, so they sell lesser quantity at a higher prices than would be in a perfectly competitive market.
Answer:
COGS 3807 debit
FG 7896 debit
WIP 2397 debit
Factory Overhead 14,100 credit
--to record the underapplication of overhead--
Explanation:
overhead rate:
$515,000 overhead / 515,000 labor cost = $1
each labor cost generates a dollar of overhead.
221,400 x 1 = 221,400 overhead in COGS
459,200 x 1 = 459,200 overhead in Finished Goods
139,400 x 1 = 139,400 overhead in WIP inventory
Total applied 820,000
Actual 805,900
Underapplied 14,100
Now we weight each concept and determiante the portion underapplocated in each concept
![\left[\begin{array}{cccc}Item&Value&Weight&Allocated\\COGS&221400&0.27&3807\\FG&459200&0.56&7896\\WIP&139400&0.17&2397\\&&&\\Total&820000&1&14100\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7DItem%26Value%26Weight%26Allocated%5C%5CCOGS%26221400%260.27%263807%5C%5CFG%26459200%260.56%267896%5C%5CWIP%26139400%260.17%262397%5C%5C%26%26%26%5C%5CTotal%26820000%261%2614100%5C%5C%5Cend%7Barray%7D%5Cright%5D)
It is referred as market control<span />
Answer:
2.2
Explanation:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
18% = 7% + Beta × 5%
18% - 7% = Beta × 5%
11% = Beta × 5%
So, the beta would be
= 2.2
The (Market rate of return - Risk-free rate of return) is also known as market risk premium and the same has applied.
