Answer:
C) Assembles, installs, and repairs large containers that hold gases and liquids.
Answer:
the total cost of direct labor budgeted for the month of August is $101,200
Explanation:
The computation of the total cost of direct labor budgeted is shown below:
Direct labor cost is
= 9,200 × .50 hours × $22 per hour
= $101,200
Hence, the total cost of direct labor budgeted for the month of August is $101,200
The same should be relevant
Answer:
the beta of the stock is 1.34
Explanation:
The calculation of the beta of the stock should be
As we know that
Expected rate of return = Risk free rate + beta × market risk premium
16.1 = 6.45% + beta × 7.2%
16.1% - 6.45% = beta × 7.2%
9.65% = beta × 7.2%
So, the beta should be
= 9.65% ÷ 7.2%
= 1.34
Hence, the beta of the stock is 1.34
Answer:
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Answer:
1. Meena should take the quantity discount since with such discount the EOQ will rise by just 1 unit from 20.5units to 21.5 units and a net gain of $49.18.
2. The EOQ without discount will be 20.5 units
Explanation:
EOQ=Square root of ((2xordering cost x demand)/ (Carrying cost))
Gains of accepting discount will be
i. ordering cost savings= (demand/quantity order) x ordering cost
= (660/360)*23=$42.16
ii. Price saving per item=0.18 x 660 =$118.80
total gain =$160.96
iii. Stockholding cost =300 x (23 x 0.91 ) x 0.18=$1,130.22
iv. Additional cost incurred by increasing order= 1,130.22-(300 x 23 x0.18)
=$111.78
Net gain= 160.96-111.78
= $49.18