The drugstore chain CVS uses loyalty-card data to better understand what consumers purchase, the frequency of store visits, and

Response:

Regarding the question:

Your friend Amanda seeks your guidance. She provides you with the utility schedule above and asks how many units of Product B would maximize her utility. The price for Product A is $6 and for Product B is $10. Amanda states her budget is $48. How many units of Product B should she buy?

is included in the attachment.

Clarification:

Response:

The correct choice is option "D": It is likely that the fees imposed by a bank will exceed the interest offered on a teenager’s savings account during their initial saving period.

Clarification:

Financial institutions often impose elevated fees on savings accounts for teenagers since they lack a credit history. This can make them appear to be riskier financially, particularly concerning overdrafts. Consequently, banks generally offer lower interest rates on these accounts along with certain limitations that one should consider before selecting a bank for account opening.

The gain amounts to $370

Reasoning:

To determine the gain or loss for the date 12/31/2018, according to ABC's amortization schedule

On this date, the carrying value was $196,370 while ABC procured the bonds back for $196,000 on 12/31/2018

Now let’s compute the gain or loss using this formula

Gain/Loss = Carrying value - Bond stock

Substituting into the formula gives us Gain/Loss =$196,370-$196,000

Gain/Loss=$370

Therefore, on the date 12/31/2018, ABC will show a gain of $370

Answer:

8.66%

Explanation:

The calculation for the real rate of return is displayed below:

Real rate of return = {(1 + nominal rate of return) ÷ (1 + inflation rate)} - 1

= {(1 + 11.65%) ÷ (1 + 2.75%)} - 1

= {(1.1165) ÷ (1.0275)} - 1

= 1.086 - 1

= 0.0866 or 8.66%

By applying the formula where the numerator is the nominal rate of return and the denominator is the inflation rate

Answer:

Explanation:

Initial WIP inventory                    74000  

Add: Units initiated in May           390000  

Subtract: Final inventory                  34000  

Completed and moved units       430000  

1                        Equivalent Units

                                                            Whole units Materials    Conversion

Initial WIP inventory                    74000           74000        74000

Units started and finished            356000     356000        356000

Final inventory                                34000           23800         10200

Total units accounted for           464000         453800        440200

                                                                Materials Conversion  

Production equivalent units         453800    440200  

2    

Cost Information:                       Total Material Conversion

Initial WIP inventory                  142800     98800       44000

Costs incurred during May                      755960    513830      242130

Total costs needing accounting          898760    612630      286130

Divided by Equivalent units                                    453800 440200

Cost per Equivalent unit                           2.00      1.35 0.65

Materials Conversion  

Cost per Equivalent unit                           1.35 0.65  

3    

Cost Allocation:    

Ending Work in process:    

Material                                                 32130  

Conversion                                            6630  

Total Ending Work in process             38760  

4    

Cost of completed and transferred units    

Material                                                 580500  

Conversion                                            279500  

Total costs                                                       860000  

5    

Costs to be accounted for:    

Initial WIP inventory                       142800  

Current expenses                                          755960  

Overall costs to be accounted for            898760  

Costs accounted for include:    

Cost of completed and moved units 860000  

Cost of ending work in process            38760  

Overall accounted costs                      898760