XYZ, a manufacturing Corporation, has provided the following data for the month of July. The balance in the Work in Process inventory account was Rs. 30,000 at the beginning of the month and Rs. 15,000 at the end of the month. During the month, the Corporation incurred direct materials cost of Rs. 60,000 and direct labor cost of Rs. 25,000. The actual manufacturing overhead cost incurred was Rs. 62,000. The manufacturing overhead cost applied to Work in Process was Rs. 61,000. The cost of goods manufactured for July was?

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

As a general rule, when accountants calculate profit they account for explicit costs but usually ignorea. certain outlays of money by the firm.b. implicit costs.c. operating costs.d. fixed costs.

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?