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4 years ago

Average total cost (atc) is calculated as follows:

1 answer:

5 0

<span> To find it, divide the total </span>cost<span> (TC) by the quantity the firm is producing (Q).
Hope this helped</span>

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At December 31, 2020, the following information was available from Pharoah Co.'s accounting records:

Liono4ka [1.6K]

Answer:

Pharoah's inventory at December 31, 2020 was $81,120. The right answer is a.

Explanation:

In order to calculate Pharoah's inventory at December 31, 2020 we would have to calculate the following formula:

Ending inventory at cost=Ending inventory at retail*Cost to Retail ratio

Cost to Retail ratio=$772,000 ÷ $1,184,000

Cost to Retail ratio= 0.65

Ending inventory at retail=($1,184,000 – $9,200 – $1,050,000)

Ending inventory at retail=$124,800

Therefore, Ending inventory at cost=$124,800× 0.65

Ending inventory at cost=$81,120

Pharoah's inventory at December 31, 2020 was $81,120

3 0

4 years ago

Plz sum one help me bc im in a argument with my friend and i don't know what to say any more

katen-ka-za [31]

ok whts the fight abt? how long have yall been fighting?

i gotchu

7 0

3 years ago

Read 2 more answers

Supler Corporation produces a part used in the manufacture of one of its products. The unit product cost is $22, computed as fol

geniusboy [140]

Answer:

$ 2 per unit on average

Explanation:

Calculation for what the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:

First step is to calculate the Relevant cost of making

Relevant cost of making = 9 + 7 + 1 + ( 5 * 80 % ) Relevant cost of making= $ 21

Now let calculate the Financial advantage of buying

Financial advantage of buying = ( 21 - 19 )

Financial advantage of buying= $ 2 per unit on average

Therefore the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:$ 2 per unit on average

8 0

3 years ago

A new generation of lunch trucks in cities such as New York, San Francisco, and Los Angeles is serving high-end fare such as ham

AleksandrR [38]

Answer:

False

Explanation:

The case stated in question statement does not refer to focused differentiation strategy rather it is an example of Focused cost leadership strategy.

Focused cost leadership strategy is one that is competes on price margins targeting a narrow market and setting the price lower than other already existing competitors.

While, on the other end a focused differentiation strategy targets acquiring market by introducing some different product.

6 0

3 years ago

Read 2 more answers

Each person who participated in a contract agreement is called an

Leviafan [203]

I think the answer is Party

8 0

3 years ago