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Answer:
She should subtract the lowest unit of the product produced at a particular time of the day from the highest unit of the product produced at another time of the day
Explanation:
Range is calculated by subtracting the lowest output at a given time of the day from the highest output at another time of the day
Related Questions
Followers of the efficient market hypothesis believe thatA) very few investors actually analyze or evaluate stocks before they make a purchase decision.B) the needed information to assess the market is available only to corporate insiders.C) investors react quickly and accurately to new information.D) individual traders can have a significant impact on the price of a security.
After the World Cup soccer games, Puma, the German sporting goods manufacturer, increased its end-of-year sales target by $641 million. Puma developed _____ plans with a goal that extra sales would come from new product categories the company was introducing, sale of soccer equipment, and consolidation of several subsidiaries.
TB MC Qu. 05-109 Marquis Company uses... Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales: August 2 10 units were purchased at $12 per unit. August 18 15 units were purchased at $14 per unit. August 29 12 units were sold. What is the amount of the cost of goods sold for this sale
Sunland Company uses the FIFO method for internal reporting purposes and LIFO for external reporting purposes. The balance in the LIFO Reserve account at the end of 2020 was $277000. The balance in the same account at the end of 2021 is $419000. Sunland’s Cost of Goods Sold account has a balance of $2110000 from sales transactions recorded during the year. What amount should Sunland report as Cost of Goods Sold in the 2021 income statement?
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Answer and Explanation:
Utility maximization rule is fundamentally the most extreme fulfillment got from utilization of an item.
Like picking between a modest or costly lodging while a costly inn would be high in quality however a tolerably charged inn would likewise offer fulfillment to the purchaser.
The decision relies upon the salary spending plan of the shopper and there are requirements to the purchaser as far as the decisions accessible relying upon costs and pay.
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Answer:
The expected return for securities with maturities of two, three, and four years is as follows:
Expected Return 2 year Security=4.50 %
Expected Return 3 year security=6 %
Expected Return 4 year security=7.25 %
Explanation:
According to the expectations hypothesis theory, the expected return for the 2 year security is the average of the expected yields of two one-year T-bills, for the 3 year security is the average of the expected yields of three one-year T-bills and the 4 year security is the average of the expected yields of the four one-year T-bills.
Therefore, in order to calcuate the expected return for each year we have to use the following formula:
Expected Return 2 year Security=(4 + 5) / 2 = 4.50 %
Expected Return 3 year security=(4 + 5 + 9) / 3 = 6 %
Expected Return 4 year security=(4 + 5 +9 + 11) / 4 = 7.25 %
Answers
Answer:
To create a new blank document:
Click the Microsoft Office button.
Select New. The New Document dialog box appears.
Select Blank document under the Blank and recent section. It will be highlighted by default.
Click Create. A new blank document appears in the Word window.
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Answers
Answer:
$55,800
Explanation:
The computation of the net realizable value of accounts receivable is shown below:
Net realizable value of account receivable = Account receivable - Allowance for Uncollectible Accounts
= $62,300 - $6,500
= $55,800
By deducting the allowance for uncollectible accounts from the account receivable so that the net realizable value of the account receivable
Answers
Answer:
$600 unfavorable
Explanation:
The budgeted cost of producing 14,000 units at $5.50 per unit and with fixed costs of $19,400 is:
The variance is given by subtracting the budgeted cost by the actual cost ($97,000):
Since the variance is negative, the variance is unfavorable
Answers
Final answer:
The equivalent units of production for conversion costs under the weighted-average method would be less than the units started during the period, given that the ending work in process inventory is only 70% complete in terms of conversion costs. Therefore, the answer is D) less than the units started during the period.
Explanation:
The subject in question relates to cost accounting, dealing with the concept of equivalent units of production. To calculate the equivalent units of production for conversion costs using the weighted-average method, you consider both the work completed during the current period and the work in process at the ending of the period. Since there is no beginning inventory, you focus solely on the units started and completed during the period and the state of the ending work in process inventory. The resulting equivalent units of production for conversion costs would be less than the units started during the period. Thus, the answer should be D) less than the units started during the period, considering that the work in process at the end of the period is only 70% complete with respect to conversion costs.
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Final answer:
Under the weighted-average method, the number of equivalent units of production with respect to conversion costs would be less than the units started during the period. This is because the ending work in process inventory is only 70% complete with respect to conversion costs, and therefore, cannot be considered a full unit.
Explanation:
Under the weighted-average method, the equivalent units of production are usually determined for each cost component. In your case, we're considering conversion costs.
So if there was no beginning work in process inventory and the ending work in process inventory is 70% complete with respect to conversion costs, we can determine the equivalent units of production. Barring any other factors, the equivalent units of production for conversion costs would be calculated as the sum of the units completed and the equivalent units in ending work in process inventory.
Formula: Equivalent Units = Units completed + Units in ending work in process inventory (multiplied by the percentage of completion with respect to conversion costs)
Therefore, the number of equivalent units of production with respect to conversion costs under the weighted-average method would be less than the units started during the period because the units in ending work in process are not fully complete. They are only 70% complete with respect to conversion costs, and cannot be considered as a full unit.
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