Answer:
C. $15,000
Explanation:
Given that
Finished goods inventory, January 1 $ 3,200
Finished goods inventory, December 31 4,000
Total cost of goods sold 14,200
So the cost of goods manufactured is
As we know that
Cost of goods sold = Opening balance of finished goods + Cost of goods manufactured - ending balance of finished goods
$14,200 = $3,200 + Cost of goods manufactured - $4,000
So, the cost of goods manufactured is $15,000
Answer:
Option (a) is correct.
Explanation:
Given that,
Explicit costs = $10,000
Here, the implicit cost is the cost of sacrificing money income from job:
= $10 per hour × 8 hours a day × 30 days
= $2,400
Revenues:
= Items produced in a day × Selling price of each × 30 days
= 50 × $10 × 30
= $15,000
Therefore,
Economic profit for the month:
= Revenues - Explicit costs - Implicit cost
= $15,000 - $10,000 - $2,400
= $2,600
Answer: $1,227
Explanation:
The value of the futures contract should be calculated by the formula;
= Stock Index Value * ( 1 + risk free rate ) - dividends
= 1,200 * ( 1 + 0.06) - 45
= $1,227
Answer:
The correct answer to the following question will be Option B.
Explanation:
- These conditions hopefully reduce banking crises as well as quantify the community against banks never running cash. The criteria for the reservation were established to be doing the ends of the next day.
- Amount of inter-bank payments, these funds also convince the public which banks aren't going to make many such mortgages.
Other available options have no connection with the particular circumstance. So the answer to the above seems to be the right one.
