A person who holds him- or herself out as a specialist or knowledgeable in a certain type of business is one type of

Beginning inventory for the month contained 2,000 units that were 70 percent complete with respect to materials. During the mont

pickupchik [31]

Answer:

a. 60,600

Explanation:

Given,

The number of units completed and transferred out = 6000,

Ending inventory = 3,000,

Percentage of completed units with respect to materials = 20%,

So, the additional completed units = 20% of 3000

$=\frac{20\times 3000}{100}$

$=\frac{60000}{100}$

= 600

Hence, the weighted average equivalent units of production for materials for the month = 60,000 + 600

= 60, 600

OPTION A would be correct.

6 0

3 years ago

10. A country would place a tariff on imported steel to A. increase the standard of living for all citizens in the country. B. m

vagabundo [1.1K]

C is correct.
As a result of a tariff, prices for domestic steel consumers go up so D is false. Option B is false because it does not make the market fair for everyone as now domestic producers can charge a higher price since foreign competition is being excluded. Since B, D are false it would make sense that A is also untrue as consumers are now suffering while it is the producers who benefit.

5 0

3 years ago

Read 2 more answers

Amy earns an annual salary of $40,000 working for the law office of smith and jones. calculate her gross pay per paycheck if she

Aloiza [94]

1,666 divide it by 12 then divide it by 2

3 0

3 years ago

A company's 2013 year-end balance sheet included the following: Jan. 1 Dec. 31 Accounts Receivable $80,000 $100,000Inventory $60

denis-greek [22]

Answer:

B. $170,000.

Explanation:

X company

statement of cash flow

For the year ended

Net income (balancing) (Note - 1) $170,000

Cash flow from operating activities

Depreciation expense $25,000

Increase in account receivable $(20,000)

Increase in inventory $(10,000)

decrease in Prepaid Expenses $25,000

Decrease in Accounts Payable $(20,000)

Increase in Deferred Revenue $30,000

Net cash flow from operating activities $200,000

Note 1:

Net cash flow from operating activities - Total changes in working capital= $200,000-$30,000 = $170,000.

3 0

3 years ago

You currently own shares in Buckeye Mutual Fund (BMF). Your broker calls and recommends buying shares in a small-capitalization

GarryVolchara [31]

Answer:

Option D is the correct option

Explanation:

To find the optimal fund to combine with risk free rate of return, we will use Coefficient of variation,

Coefficient of variation(CoV) = Standard Deviation/Expected Return

CoV of Buckeye = 14%/20% = 0.7

CoV of Wolverine = 11%/12% = 0.9167

So, higher the CoV higher the risk, we will take Buckeye to combine with Risk Free Return.

Hence, Option A

- Required target return of portfolio = 22%

Risk Free return = 8%

Buckeye Return = 20%

Let the weight of Buckeye be X ,& weight of risk free be (1-X)

Required return = (WRF)*(RRF) + (WB)*(RB)

22 = (1-X)(8) + (X)(20)

22 = 8-8X + 20X

14 = 12X

X = 1.17

SO, weight of Buckeye is 1.17 or 117%

while weight of Risk free is -0.17 (1-1.17) or -17%

Hence, ans is OPTION D

7 0

3 years ago