Answer:
$2.25 per unit
Explanation:
The computation of the cost per equivalent is shown below:
= Total conversion cost ÷ total units completed
where,
Total conversion cost is
= Beginning work in process conversion cost + cost of conversion added
= $20,250 + 271,125
= 291,375
And, the number of units is
= Units completed + work in process ending inventory units × completion percentage
= 115,700 units + 23,000 units × 60%
= 115,700 + 13,800
= 129,500 units
So, the cost per equivalent unit for conversion cost is
= $291,375 ÷ 129,500 units
= $2.25 per unit
Answer:
E. Invest in mutual funds.
Explanation:
Individual investors tend to have relatively small portfolios and are usually unable to realize economies of size. The best strategy is to pool funds with other small investors and allow professional managers to invest the funds. Here, a fund manager is hired to invest the cash the investors have contributed, and the fund manager's goal depends on the type of fund; a fixed-income fund manager, for example, would strive to provide the highest yield at the lowest risk.
Answer:
the wholesaler received $6,138 as payment.
Explanation:
The seller would receive the the amount owing to customer less the return credit and cash discount of 1 %.
The calculation of this amount is as follows :
Account Receivable $6,500
Less Return Credit ($300)
$6,200
Less Cash discount ($6,200 × 1%) ($62)
Payment $6,138
Conclusion :
the wholesaler received $6,138 as payment.
Answer:
the answer is a demand curve
Explanation:
Answer:
option (B) 912 ± 42.6
Explanation:
Data provided in the question:
Standard deviation = 64 square feet
Sample size, n = 15
Mean = 912
Confidence level = 99%
Now,
Confidence interval = Mean ± z[s ÷ √n]
here,
z = 2.58 for 99% confidence level
Thus,
Confidence interval = 912 ± 2.58[64 ÷ √15]
or
Confidence interval = 912 ± 2.58[64 ÷ √15]
or
Confidence interval = 912 ± [ 2.58 × 16.525 ]
or
Confidence interval = 912 ± 42.63
= 912 ± 42.6
Hence,
The answer is option (B) 912 ± 42.6
