Answer:
Annual demand (D) = 1,600 units
Ordering cost per order (Co) = $16
Holding cost per item per annum (H) = $8
EOQ = √2Dco
H
EOQ = √2 x 1,600 x $16
$8
EOQ = 80 units
Explanation:
EOQ is the square root of 2 multiplied by annual demand and ordering cost per order divided by holding cost per item per annum.
Answer:
$96,000
Explanation:
Total cash received during the period = beginning cash + cash received - ending cash
$38,000 + $74,000 - $16,000 = $96,000
I hope my answer helps you
Answer: d. The actual expected stock return indicates the stock is currently underpriced.
Explanation:
According to CAPM, the expected return is:
= Risk free rate + beta * (market return - risk free rate)
= 4.3% + 1.14 * (12.01% - 4.3%)
= 13.09%
The actual expected return is greater than the CAPM expected return.
This stock is underpriced because it is bringing in a higher return than CAPM predicted based on the market.
Answer and Explanation:
The journal entries are shown below
On Dec. 31, 2018
Interest receivable $600
To Interest income $600
(Being accrued interest earned is recorded)
On Dec. 31, 2018
Interest income $2,400
To Retained earnings $2,400
(Being the closing of interest income is recorded)
On Jan. 31, 2019
Cash $900
To Interest receivable $600
To Interest income $300
(Being cash receipt of interest is recorded)
Answer:
Total cost is 253,800 $ and cost per unit is 31.725 $.
Explanation:
Material (8000 X 6) 48000
Labor (8000 X 5) 40000
Factory OH ( 8000 X 4) 32000
Salaries 42000
Set up cost 34000
Facility level cost <u> 29000</u>
Total Manufacturing Cost <u>225000</u>
Opportunity Cost ( 2400 X 12) 28800
Total Relevant Cost $<u>253,800</u>
<u>Cost / Unit (253800/8000)</u><em> $ 31.725/ unit. </em>