Leslie's budget is hurting in the areas of transportation, groceries, phone and dining out.
<u>Explanation:</u>
For transportation, cash is required for every day. So Leslie is spending more on transportation every month. Forgoing back and forth out anyplace she will burn through cash on transportation.
She is likewise spending cash on goods. Staple goods will be an essential one for living these days. So the financial backing is harming here.
She is spending another hand on the telephone and eating out. For the telephone, she will energize each month. She will feast out with companions each day.
Answer:
Work in Process Inventory account at the end of September is $1,950
Explanation:
As all jobs at the beginning of september in the balance of Work in progress were finished, it's costs are now in Finished Goods Inventory. So are too, the two jobs started and finished during September. The Works in Process account records materials, labor and structure costs of order not finished yet at the end of the month.
At the end of september only Job 850 is not finished. The sum of materials, direct labor and overhed that is $1.950, is the balance of Work in Process Inventory account at the end of September.
Answer:
0.047424
Explanation:
Given that
Expected return of security M = 17%
Standard deviation of Security M = 32%
Expected return of security S = 13%
Standard deviation of security S = 19%
And, the correlation coefficient = 0.78
So, by considering the above information the co variance is
= Correlation coefficient × Standard deviation of Security M × Standard deviation of security S
= 0.78 × 0.32 × 0.19
= 0.047424
Answer:
The contribution margin per unit for the 18-inch blade.
Break even in units = Fixed cost/Contribution per unit
= 85,000/11 (15-4)
= 7,728 unit (round off)
The contribution margin ratio of the 18-inch blade.
Total contribution margin (CM) is calculated by subtracting total variable costs TVC from total sales TSP. Contribution margin per unit equals sales price per unit SP minus variable costs per unit VC . It is used in calculating a break even point of a business. Contribution margin ratio tells us how much contribution towards fixed cost is generate by selling a unit.
CM ratio = $ 11/ $ 15 *100= 73.33%
(Variable cost = 15 -4 = 11 )
Contribution margin income statement for the month of January.
Sales $ 180,000
Variable cost ($ 48,000)
Gross profit $ 132,000
Fixed Cost ($ 85,000)
Net Profit $ 47,000
Answer:
C. the loss of profit from the delayed opening.
Explanation:
The contract was for Restore Inc to resurface the pools at Swim Park by June 1. Restore Inc couldn't deliver by June 1 and finished the job 15 days later, thereby delaying the seasonal opening of Swim Park.
Swim Park can sue for breach of contract and recover the loss of profit from the delayed opening because Restore Inc failed to deliver according to the terms of the contract thereby making Swim Park lose profit.
The money to be paid to Swim Park would be an estimated profit for the 15 days the park should have been in operation.
