Answer:
the cost of goods sold is $250,000
Explanation:
The computation of the cost of goods sold is given below:
= Opening finished goods inventory + cost of goods manufactured - ending finished goods inventory
= $72,000 + $246,000 - $68,000
= $250,000
Hence, the cost of goods sold is $250,000
Answer: demand decreases and supply stays the same
Explanation:
The equilibrium price refers to the price whereby the quantity of goods that's demanded and the quantity of goods that's supplied is equal.
On the other hand, the equilibrium quantity is gotten when the quantity of goods demanded and supplied are equal. This is gotten when the demand curve and the supply curve intersects.
It should be noted that there will be a lower equilibrium price and quantity if
In a situation whereby the demand increases and the supply remains the same, the equilibrium quantity and the equilibrium price will increase and vice versa.
People a rude just putting in random letters like “e”
The amount of dollars that it would cost to buy an edinburgh sweaters if the exchange rate is 1.50 dollars per one british pound is: $75.
<h3>Dollar amount to buy an buy an edinburgh woolen mill </h3>
Using this formula
Dollar amount=Cost of woolen mill sweater×Exchange rate
Where:
Cost of woolen mill sweater=50 pounds
Exchange rate=1.50 dollars
Let plug in the formula
Dollar amount=50×$1.50
Dollar amount=$75
Inconclusion the amount of dollars that it would cost to buy an edinburgh woolen mill sweater is $75.
Learn more about dollar amount here:brainly.com/question/961857
