Answer:
c. $480,930
Explanation:
In this method we applied the unitary method
Given that
Sales volume = 40,000 units
Sales = $492,000
Sales volume = 39,100 units
Sales = ?
So, by considering the given information, the sales for 39,100 units would be
= Sales × updated sales units ÷ last sales units
= $492,000 × 39,100 units ÷ 40,000 units
= $480,930
Answer:
$30,600
Explanation:
Under FIFO method, units that are purchased first are sold first.
Given:
Beginning inventory = 9,200 units @$8
Purchases in June = 9,300 units @7.6
Purchases in November = 5,100 units @6
Closing inventory as on December 31 was 5,100 units.
Since the company follows FIFO method of inventory valuation, beginning and purchases made in June are sold first. Remaining 5,100 units purchased in November are not sold as they are left unsold at the time of closing.
So December 31 inventory is computed as 5,100 × 6 = $30,600
Answer:
The correct answer is $907.76.
Explanation:
According to the scenario, computation of the given data are as follow:-
1¥ = 82.54$
1£ = 132.03¥
Convert pounds to us dollars= £ ÷ $ = £132.03 ÷ $82.54
= 1.60$ ÷ £
Mean, 1£ = 1.6$
She has £567.35 .
After converting the pound into the dollar, she will receive = £567.35 × $1.60
= $907.76
Hence, she receive $907.76 if she sells the pounds.
Answer:
1575 units would be needed to be produced next year to meet this production goal.
Explanation:
plant utilization after decrease = 105% - 15%
= 81%
let the number of units produced be Y
plant utilization = units produced/plant capacity
81% = Y/1750 units
Y = 1575 units
Therefore, 1575 units would be needed to be produced next year to meet this production goal.
