ABC Inc. produces a single product. The company has set the following standards for direct labor: Inputs Standard hours per product unit Standard rate Direct labor 5 hours per unit $9 per hour During the past month, 3,000 direct labor hours were used in making 1,000 units of product, and total direct labor cost was $33,000 for the month. Required: (1). What is the standard labor-hours allowed to make 1,000 units of product

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

Afirm is producing at minimum average total cost with its current plant. draw the firm's long-run average cost curve. label it. draw a point on the lrac curve at which the firm cannot lower its average total cost. draw the firm's short-run average total cost curve that is consistent with the point you have drawn. label it.g

What is a uniform law adopted by all states that facilitates business transactions?