mcmccann4317

27.03.2020 • 

Business

Olin Corporation produces syrups that it sells to candy makers. On November 1, it had no work-in-process inventory. It started production of 41,000 gallons of syrup in November and completed production of 38,000 gallons. The costs of the resources used by Joplin in November consist of the following: Materials $ 89,100 Conversion costs (labor and overhead) 110,820 Requires: The production supervisor estimates that the ending work-in-process is 40 percent complete on November 30. Compute the cost of syrup completed and the cost of the syrup in work-in-process ending inventory as of November 30. (Do not round int

Ответ:

fattypickeltoefungus

11.01.2020

Business

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B. $3,251

Explanation:

Stock shares × Allocated price = Shares closing price

A 700 ×$ 29.15 =$20,405

B 430 ×33.86=$14,560

C 340× 36.43 =$12,386

Total $47,351

Stock shares × IPO price= Shares IPO price

A 700 ×$30=$21,000

B 430×$30= $12,900

C 340×$30=$10,200

Total $44,100

Total Profits $47,351-$44,100

=$3,251

Therefore Kim's total profit on these three stocks at the end of the first day of trading will be $3,251

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