Southland farm sold ten September futures contracts on wheat. Southland farm will: both receive payment and deliver in September. Option A. This is further explained below.
<h3>What is
the payment?</h3>
Generally, the act or process of making a monetary contribution to someone or something, or of receiving a monetary contribution.
In conclusion, Wheat futures contracts were sold by Southland Farm for 10 contracts in September. September will be a busy month for the Southland farm, with both payments and deliveries.
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Answer:
The correct answer is:
demands reflect a decision about which wants to satisfy and a plan to buy the good, while wants are unlimited and involve no specific plan to acquire the good. (d)
Explanation:
Let me first try to define what demand and want are:
want: want is a desire for a product or service. It is said that wants are unlimited, however, the resources to actualize such wants are in a limited supply.
Demand: Demand is the quantity of good or service that a person is willing and able to pay for because of the availability of resources to do so, at a given price and time.
For a clearer understanding, demand can be seen as a subset of want that a consumer takes a further step to acquire, not just desire. There is a specific plan to acquire such wants.
Answer:
Aggregating potential car buyers into groups that have common needs and will respond in the same way to a marketing campaign is a process known as:
Market segmentation.
Explanation:
Market segmentation is a marketing effort by a business entity to classify its customers into groups according to similar characteristics and based on Demographic, Psychographic, Geographic, and Behavioral segments. Market segmentation helps the entity to identify market opportunities, design products, time marketing efforts, select appropriate media, and efficiently allocate resources to achieve its marketing goals.
Answer:
Final balance = $ 14,272.93
Explanation:
Annual Deposits(PMT) = $1,000
Number of years(N) = 12
Rate of interest (r) = 3.1% = 0.031
Future Value = ?
Computation:
![Future\ Value = PMT[\frac{(1+i)^n-1}{i} ] \\Future\ Value = 1,000[\frac{(1+0.031)^{12}-1}{0.031} ] \\Future\ Value = 1,000[\frac{(1.031)^{12}-1}{0.031} ] \\Future\ Value = 1,000[\frac{1.44246-1}{0.031} ] \\Future\ Value = 1,000[\frac{0.44246}{0.031} ] \\Future\ Value = 1,000[14.2729] \\Future\ Value = 14,272.9252](https://tex.z-dn.net/?f=Future%5C%20Value%20%3D%20PMT%5B%5Cfrac%7B%281%2Bi%29%5En-1%7D%7Bi%7D%20%5D%20%5C%5CFuture%5C%20Value%20%3D%201%2C000%5B%5Cfrac%7B%281%2B0.031%29%5E%7B12%7D-1%7D%7B0.031%7D%20%5D%20%5C%5CFuture%5C%20Value%20%3D%201%2C000%5B%5Cfrac%7B%281.031%29%5E%7B12%7D-1%7D%7B0.031%7D%20%5D%20%5C%5CFuture%5C%20Value%20%3D%201%2C000%5B%5Cfrac%7B1.44246-1%7D%7B0.031%7D%20%5D%20%5C%5CFuture%5C%20Value%20%3D%201%2C000%5B%5Cfrac%7B0.44246%7D%7B0.031%7D%20%5D%20%5C%5CFuture%5C%20Value%20%3D%201%2C000%5B14.2729%5D%20%5C%5CFuture%5C%20Value%20%3D%2014%2C272.9252)
Final balance = $ 14,272.93
Answer and Explanation:
The computation is shown below
a . The cost of goods sold is
= Sales - cost of goods sold
= $1,326,700 - $358,200
= $968,500
b. The direct material cost is
= Material purchased - ending inventory - indirect materials
= $676,600 - $49,100 - $49,100
= $578,400
c, The direct labor cost is
= Total manufacturing overhead cost - other factory overhead - direct material cost - indirect material - indirect labor
= $1,464,700 - $22,600 - $578,400 - $49,100 - $119,400
= $695,200
