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Elan Coil [88]
3 years ago
8

Use the cost information below for Ruiz Inc. to determine the total manufacturing costs incurred during the year: Work in Proces

s, January 1 $ 52,400 Work in Process, December 31 38,200 Direct materials used $ 13,700 Total factory overhead 6,700 Direct labor used 27,700 Multiple Choice
Business
1 answer:
ValentinkaMS [17]3 years ago
6 0

Answer:

$48,100

Explanation:

Computation of total manufacturing cost incurred during the year is seen below;

Direct materials used

$13,700

Direct labor used

$27,700

Total factory overhead

$6,700

Total manufacturing cost incurred

$48,100

Therefore, the total manufacturing cost incurred during the year is $48,100

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Answer:

Lexicographic decision rule

Explanation:

A lexicographic decision rule is one of the decision making rules in purchase that allows a product to be ranked according to its importance to the consumer.

When a consumer is to purchase a product, the consumer ranks products that are similar in use as well as how important the product is. This helps a consumer to make the best decision when it comes to purchasing.

Cheers.

6 0
3 years ago
In the past, how have you handled receiving conflicting instructions from different people at the same time?
Anvisha [2.4K]
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3 years ago
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Answer:

Asset U

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Reward-to-volatility ratio for Asset U = 8.8% / 5.5%

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Reward-to-volatility ratio for Asset B = 8.8% / 6.5%

Reward-to-volatility ratio for Asset B = 1.3538

The  investor should prefer Asset U because its has the highest reward to volatility ratio among the three options.

8 0
3 years ago
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4 years ago
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7 0
3 years ago
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