Answer: It would be vegetables in a can. Like preserved vegetables.
Answer:
$10,400
Explanation:
he cost of the cost sold is the total cost sold in a particular year. the cost of goods sold COGS is calculated using the formula
COGS = opening stock + purchases(total manufacturing costs) - closing stock.
In the case, the opening stock is 0
closing stock 11,00 units
cost of good sold = $3800
average cost per unit = $6
Cost = $3800
cost of closing stock = 1,100 x $6 = $6,600
Therefore: $3,800= 0 +TMC - $6600
Total manufacturing cost = $3800 + $6600
=$10,400
Answer: One thing that could be done to devalue a currency is to issue more currency into their markets.
Explanation:
Any asset or goods can be based on how scarce the product or assets it. The authorities in the foreign markets could make more currency and this will devalue the currency because the market will be saturated. The money/currency will still be at the same value as before but the purchasing power will be reduced since there is an added supply of money in the economy.
Answer:
Explanation:
Before passing the journal entry, first, we have to compute the total supplies consumed. The formula to compute the total supplies consumed is shown below:
= Beginning balance of supplies + Purchase of supplies - ending balance if supplies
= $450+ $3,400 - $900
= $2,950
Now the journal entry would be
Supplies expense A/c Dr $2,950
To Supplies A/c $2,950
(Being supplies consumed recorded)
Answer:
Decrease; Decrease
(Both blanks will be decrease)
Hope this Helps!