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Spoiled units are disposed at zero net disposal prices and are 1% of the finished output of good units. That is, for every 10 good units produced, there is 1 unit of normal spoilage. Physical units for November 2015WIP, beginning inventory (November 1) 1,000 units, Direct materials (100% completed) Conversion costs (50% completed)
Started during November 10,150 units Good unit completed & transferred out in July 9,000 units WIP, ending inventory (November 30) 2,000 units Direct materials (100% completed) Conversion costs (50% completed) Total costs for November 2015
WIP, beginning inventory Direct materials $1,423 Conversion cost $1,110 $2,533
Direct material costs added during Nov $12,18 Conversion costs added during Nov $27,750 Total cost to account for $39,930 Required: Prepare a cost of production report & journalize the necessary entries using: a) Weighted average method b) FIFO method
Will ending the expansion of agriculture negatively affects food supplies and what about the environmental condition?. And give long reason for your answer
Beta Ltd has a product that sells for $50 and is produced at a variable production cost of $24 per unit and a variable non-production cost of $8. The variable production costs can be reduced 25% by installing a new piece of equipment. The Installation of the new equipment will increase fixed costs from the present level of $122,400 to $159,000. Calculate the present break-even point and the new break-even point ifthe equipment is installed
Why is the dividend decision one of the major areas that a finance
manager should pay particular attention to? What considerations must
be taken into account when setting a dividend policy of a company? (12
marks)
A company’s sources of long-term funds include bonds, preferred
stock and common stock. Identify some financing risks associated with
these sources and explain how these risks affect the return expected
from investments financed by these sources. (13 marks)
- If the demand for a product is relatively price inelastic, it is possible that A. the proportion of consumers’ income spent on this product is large
- B. the product is a luxury
- C. the product has many substitutes
- D. the product is a complement to many other product
derivative in each case.
a. Y=f(x)=3x^2
b. Y=f(x)=5x^3
c. Y=f(x)=3x^2 + 6x^3
d. Y=f(x)=3x^2 -x^4
Show that the Taylor expansion leaves the functions unchanged.
a. Y=f(x)=3x^2
b. Y=f(x)=6x^3
Given the following, find the optimum and show if the optimum is a maximum or
minimum .
a. Y=f(x, z) = -2x^2 + xz - z^2
b. Y= f(x, z) = x^2 +4xz + 2z^2
Gamma Medical’s stock trades at $90 a share. The company is contemplating a 3-for-2 stock split. Assuming that the stock split will have no effect on the market value of its equity, what will be the company’s stock price following the stock split?
