Anybody else have a baby class in their school?

What is the average variable cost of producing 200 units per month?

Marianna [84]

The average variable cost is 2400 because if you multiple 200 times 12 you will get 2400

8 0

3 years ago

You work in the finance division of a company listed in the Stock Exchange. You have just learned that your supervisor has been

stepladder [879]

Answer:

Yes it is.
Ethical issue ⇒ Insider Trading.

Explanation:

Trading on the stock exchange is supposed to be as fair as possible so that every investor has a fair chance of making returns. If a person - like this supervisor - is using information that is material but not publicly disclosed yet to trade on markets, the fairness of the market is compromised because the person will have an edge over other investors which will enable them make unfair profits.

Information on quarterly returns is usually material so we can expect it to be material here as well which means that the supervisor is engaged in insider trading.

Insider trading is not only unethical but also highly illegal. Reporting your supervisor can get them sent to jail.

8 0

3 years ago

An article in the New Yorker magazine states, "the main burden of trade-related job losses and wage declines has fallen on middl

laiz [17]

Answer:

Option E.

Explanation:

In free trade, a country with a comparative advantage in a good produces that good in the long-term. Therefore, if these people are working in an industry in which it has a higher opportunity cost i.e. it does not have a comparative advantage; they will eventually see job loss or fall in income or both. On other hand, when they purchase goods which has lower opportunity costs in foreign, they get access to these at a lower price and can purchase a higher quantity. So, these people are both harmed and benefitted by free trade.

6 0

3 years ago

Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding D

kogti [31]

Answer:

Cost per EUP Materials: $2,05

Explanation:

Units Materials Conversion

Beginning WIP: 25,000 25,000 (100%) 13,750 (55%)

Units Transferred Out: 135,000 135,000 135,000

Ending WIP: 30,000 30,000 (100%) 9,000 (30%)

Equivalent Units of Production (FIFO): Units Transferred Out + Equivalent Units in ending WIP - Equivalent Units in Beginning WIP

EUP Materials: 135,000 + 30,000 - 25,000 = 140,000

Cost per Equivalent Unit (FIFO): Total Cost Incurred in the Period / Equivalent Units of Production

Cost per EUP Materials: 287,000 / 140,000 = $2,05

7 0

3 years ago

Howard Inc. had prepaid rent of $79,000 and $88,000 at the end of Year 1 and Year 2, respectively. During Year 2, Howard recorde

vichka [17]

Answer:

the Cash outflows for rent in Year 2 is $253,000

Explanation:

The computation of the Cash outflows for rent in Year 2 is shown below:

Prepaid rent at year 2 $88,000

Add: rent expense $244,000

Less: prepaid rent in year 1 -$79,000

Cash outflows for rent in year 2 $253,000

Hence, the Cash outflows for rent in Year 2 is $253,000

7 0

3 years ago