Describe the arrangement of the periodic table and why it is sometimes referred to as the Chemists’ Calendar Describe the…
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During May, Joliet Fabrics Corporation manufactured 500 units of a specail multilayer fabric with the trade name Stylex. The following information from the Stylex production department also pertains to May. Direct material purchased: 18,000 yards at $1.38 per yard……….$24,840 Direct material used: 9,500 yards at $1.38 per yard…………………$13,110 Direct labor: 2,100 hours at $9.15 per hour…………………………….$19,215 The standard prime costs for one unit of Stylex are as follows: Direct material: 20 yards at $1.35 per yard……………………………..$27 Direct labor: 4 hours at $9.00 per hour……………………………………36 Total standard prime cost per unit of output……………………………..$63 Required: Compute the following variances for the month of May, indicating whether each variance is favorable or unfavorable. 1. Direct-material price variance. 2. Direct-material quantity variance. 3. Direct-labor rate variance. 4. Direct-labor efficiency variance.
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A winner of the Florida Lotto has decided to invest $500,000 per year. Two possible considerations are an international stock…
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A winner of the Florida Lotto has decided to invest $500,000 per year. Two possible considerations are an international stock with an estimated return of 12% and a mutual fund with an estimated return of 6%. The estimated risk index for the international fund is 9 while the mutual fund risk index is only 4. The total risk of the portfolio is found by multiplying the risk of each account by the dollars invested in that option. The investor would like to maximize the return on the investment, but the average risk index of the portfolio should not be higher than 6 based on the estimated retirement date. How much should be invested in each option? What is the average risk for this investment? What is the estimated return for the investment?
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A 0.23 kg ball of dough is thrown straight up into the air with an initial velocity of 12 …
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