Answer:
The number of units to be produced that would appear on the company’s production budget for the month of November: 395,000 units
Explanation:
Forrest Company has a JIT policy that ending inventory must equal 10% of the next month’s sales.
Ending inventory in November = 10% of the December's sales = 10% x 350,000 = 35,000 units.
Ending inventory in October (begining inventory in November): 40,000 units
Sales in November: 400,000 units
The number of units to be produced in November = Sales in November (units) + Ending inventory in November - Beginning inventory in November
= 35,000 + 400,000 - 40,000 = 395,000 units
A cost incurred in the past that is not relevant to any current decision is classified as a(n): Sunk costs
This is further explained below.
<h3>What are
Sunk costs?</h3>
Generally, A cost that has already been incurred but cannot be recouped is referred to as a "sunk cost" in economics and the process of making business decisions. In contrast to sunk costs, prospective costs are future expenses that might be avoided if action is done, while sunk costs have already been incurred.
In conclusion, A cost that was incurred in the past but is not relevant to any choice that is being made at this time is considered to be a(n): Incurred expenses
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A situation in which monetary policy is expansionary prior to an election and contractionary after an election is known as the Political business cycle.
What is expansionary monetary policy and contractionary monetary policy?
Simply put, expansionary monetary policy enlarges (increases) the money supply, whereas contractionary monetary policy reduces (contracts) the amount of a nation's currency available.
What is Political business cycle?
A political business cycle is a change in economic activity brought on by outside political actors. The term "political business cycle" is mostly used to refer to the economic expansion that occurs right before an election to increase the likelihood that the current administration will be reelected. Empirical evidence of political business cycles is still ambiguous despite several attempts to prove it.
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Answer:
26.64%
Explanation:
Common stocks outstanding (C) = 80 million
Preffered stock outstanding (P) = 60 million
Number of bonds (B) = 50,000
Cost of common stock (Cc) = $20 per share
Cost of Preffered stock (Cp) = $10 per share
Cost of bond (Cb) = 105% of par
Weight of preferred stock :
(P * Cp) / [(P*Cp) + (C*Cc) + (B * Cb * par value)]
(60mill * $10) / [(60mill * $10) + (80mill * $20) + (50000 * 1.05 * 1000)]
600mill / (600 mill + 1600mill + 52.5mill)
600,000,000 / 2252500000
= 0.2663706
= 26.64%
