Consider two products in the same product area:

Sales price (per unit) Direct material cost Direct labor cost

Product 1 $62 $16 $14

Product 2 $78 $34 $12

Assuming the above unit price and costs remain unchanged, calculate the net operating profit margins of these products in 2009 and 2010 using the overhead allocation method as in the case. Which of the two products is more profitable?

Overhead allocation rate 2009: .61 2010: .98\

I really need help understanding this. It seems straight forward but please explain your answer

Circle the letter that correspond the best suitable answer:

The table below contains data for a country, which produces only X and Y.

The base year is 2010.

For an economy as a whole,

Exercise 4.8. For each of the following, state whether it is true or false. If

true, prove. If false, provide a counterexample.
(i) LetX beasetfromRn. ThesetX isclosedifandonlyifX isconvex.

(ii) Let X and Y be sets from Rn. If X ∩Y is closed and convex then Xand Y are both closed and convex sets.

(iii) LetX beanopensetandY ⊆X. IfY ≠∅,thenY isaconvexset.

(iv) SupposeX isanopensetandY isaconvexset. IfX∩Y ⊂X then

X∪Y isopen.

3. All philosophers are lovers of truth. No lovers of truth are closed-minded people. Thus no philosophers are closed-minded people. Invalid 8. Some politicians are idealistic persons. No idealistic persons are scientists. So some scientists are not politicians. 11. No A are B. All C are A. So, no Care B 12. All A are B. ALL A are C. So, some Care B. 21. All M are P. No S are M. So, no S are P.

1. Grayson Enterprise manufactures food processing equipment. Use Grason’s two most recent balance sheets and most recent income statement to prepare, IN GOOD FORM, a statement of cash flows for 2010 (not a worksheet). The company paid dividends of $6,250 during 2010.

During 2010, Al, his daughter and son (both adults), and his grandchild Candy, the minor child of his daughter, all resided in Al’s home.

Al’s son filed his 2010 Federal income tax return on February 28, 2011. On that return, the son claimed a personal exemption deduction for himself. He also claimed $1,129 in refundable tax credits and $75 withheld tax, resulting in a refund of $1,204.

Al’s daughter also filed her 2010 Federal income tax return on February 28, 2011. She reported gross income of $11,892 and claimed a personal exemption deduction for herself and a dependent exemption deduction for Candy(her daughter and Al’s granddaughter). The daughter also claimed $4,450 in refundable credits and $840 withheld tax, resulting in a refund of $5,290.

Al applied for and was granted an extension of time to file his 2010 return (due April 15, 2011) which he timely filed on May 23, 2011. On his tax return, Al:

claimed head of household filing statusclaimed dependency exemption deductions for his son, his daughter, and his granddaughter (Candy).

Al approached you for advice. He knows that you are currently taking an income tax course and is seeking your guidance. He informs you that his intention is to have his daughter amend her return to remove Candy as her dependent. Al also informed you that his daughter will provide a notarized statement to indicate her approval of Al claiming Candy.

5. Suppose that in a closed economy GDP is $1,100 million, consumption is $750 million, and taxes are $200 million. What value of government purchases would make national savings equal to $100 million and at that value would the government have a deficit or surplus?
A. $100 million, deficit
B. $100 million, surplus
C. $150 million, surplus
D. $250 million, deficit
E. $250 million, surplus

6. Which of the following statements is (are) correct?
(x) If an economy is closed with private saving equal to $2 trillion, national saving of $3 trillion, consumption of $7 trillion, government purchases of $1 trillion and no transfer payments, then GDP is $11 trillion.
(y) In a closed economy, if Y remained the same, but G rose, T rose by the same amount as G, and C fell but by less than the increase in T, then both private and national saving would fall.
(z) In a closed economy, if private saving exceeds investment then G is greater than T and the government is experiencing a budget deficit.
A. (x), (y) and (z) B. (x) and (y) only
C. (x) and (z) only D. (y) and (z) only
E. (x) only

1)

A) Determine whether Rolle's Theorem can be applied to f on the closed interval [a, b]. (Select all that apply.)

f(x) = (x − 1)(x − 2)(x − 8),  [1, 8]

Yes, Rolle's Theorem can be applied.

No, because f is not continuous on the closed interval [a, b].

No, because f is not differentiable in the open interval (a, b).

No, because f(a) ≠ f(b).

B) If Rolle's Theorem can be applied, find all values of c in the open interval (a, b) such that f '(c) = 0.  (Enter your answers as a comma-separated list. If Rolle's Theorem cannot be applied, enter NA.) c =

2)

A) Determine whether Rolle's Theorem can be applied to f on the closed interval [a, b]. (Select all that apply.) f(x) = x^2/3 − 2,    [−8, 8]

Yes, Rolle's Theorem can be applied.

No, because f is not continuous on the closed interval [a, b].

No, because f is not differentiable in the open interval (a, b).

No, because f(a) ≠ f(b).

B) If Rolle's Theorem can be applied, find all values of c in the open interval (a, b) such that f '(c) = 0.  (Enter your answers as a comma-separated list. If Rolle's Theorem cannot be applied, enter NA.) c =

A particular production process requires two types of raw materials to produce the end product. Each unit of finished product requires three units of raw material A and 2 units of raw material B, plus processing costs of $35. For the purpose of valuing inventory, raw material A and B are recorded together in one account and should be considered together when determining cost and net realizable value. The following provides information on inventories at fiscal 2019 year-end: Inventory item # units Cost per unit Replacement cost Net realizable value Finished goods 800 181 NA 161 Raw material A 150 10 17 NA Raw material B 110 58 53 NA Required: a. Evaluate these inventories to determine the amount of write-down, if any. b. If the entry required in part (a) is not made in fiscal 2019, state what is the effect on each of the following will be. For each you must state whether there will be no effect, the amount will be understated or overstated. If the amount is understated or overstated, you must include the amount of the under/over statement. i) 2019 and 2020 inventory on the balance sheet ii) 2019 and 2020 cost of goods sold

You are evaluating a s project that develops AI cars. You dont have firm-level data,. For this project, you will need take a top-down valuation approach.
• The revenue of the transportation market is $50 billion dollars in the year of 2019. Its growth rate in 2020 is -5, in 2021 it is 3%, and goes 0%, 0%, 1%, 1%, 2%,2%,2%,2%,2% which ends in 2030.
• The current revenue share of the AI industry in the transportation market is 0%. The revenue share will rise in the year of 2025. It will then stabilize to 40% in the year of 2030.
• 10% is the discount rate in the industry

a. You use linear interpolation to estimate the AI car industry’s revenue share between 2025 to 2030. In 2024 the market share is 0; in 2030, the market share is 40%. From 2025 to 2030 (including 2025 and 2030), the increase in the revenue share relative to the previous year is a constant. What is the AI car industry’s market share as of 2029?
b. What is the AI car industry’s total revenue in 2030?
c. What is the present value of the AI car industry’s total revenue from 2020 to 2030? Discount all cash flows back to the year of 2019 (in billions $)?