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Yakvenalex [24]
3 years ago
15

The public debt typically increases during recessions due to:

Business
1 answer:
Brums [2.3K]3 years ago
6 0
Because the government is out of money so they decide to take it from others
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3 years ago
Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug.
Elodia [21]

Answer:

August 2021:

                                                                                             Total Cost

Aug.1 Inventory on hand—3,200 units; cost $6.50 each.  $ 20,800

8 August  Purchased 16,000 units for $6.70 each.      $ 107200

14 August Sold 12,800 units for $13.20 each.             $ 165600

18 August  Purchased 9,600 units for $6.80 each.  $ 65,280

25 August Sold 11,800 units for $12.20 each.     $ 143,960

28 August Purchased 5,200 units for $5.80 each.  $ 30,160

31 August  Inventory on hand—9,400 units.

FIFO Ending Inventory $58,720

5,200 units for $ 30,160

4,200 units for $6.80 each.  $ 28,560

<em>FIFO Cost OF Goods Sold </em>

=$ 20,800 + $ 107,200+ $ 65,280+ $ 30,160 - $58,720= 223,400-$58,720 = <em>$ 164,720</em>

<em></em>

LIFO Ending Inventory $ 62340

3,200 units; cost $6.50 each.  $ 20,800

6,200 units for $6.70 each = $ 41540

<em>LIFO Cost OF Goods Sold </em>

=$ 20,800 + $ 107,200+ $ 65,280+ $ 30,160 -$ 62340= 223,400-$ 62340=<em>$ 161,100</em>

<em></em>

<em>Average Cost Ending Inventory = $223,400/ 34,000= 6.570</em>

<em>9,400* 6.570= $ 61,763</em>

<em></em>

Average Cost of Goods Sold = (Total Units - Ending Unit )* 6.57=

                                                            = $ 223,380

7 0
3 years ago
Beginning raw materials inventory $ 15,200 Raw material purchases 60,000 Ending raw materials inventory 16,600 Beginning work in
garik1379 [7]

Answer:

$58,600

Explanation:

Calculation for what Healey Company's direct materials used for the year is:

Using this formula

Direct materials used for the year=Beginning Raw Materials + Raw Materials Purchased - Ending Raw Materials

Let plug in the formula

Direct materials used for the year = $15,200 + $60,000 - $16,600

Direct materials used for the year= $58,600

Therefore Healey Company's direct materials used for the year is:$58,600

3 0
3 years ago
The Geostar Company, leading manufacturer of wireless communication devices, is considering three cost-reduction proposals in ts
S_A_V [24]

Answer: Alternative 3 will be selected.

Explanation:

The system that should be selected is the alternative that is better than the other alternatives by being higher than MARR if selected.

First compare A1 to A0

The rate of return here is 18% which is higher than the MARR of 15% so Alternative 1 should be chosen over A0 which is to do nothing.

Compare A1 to A2

If A2 is chosen over A1, the incremental return is 10% which is less than the MARR of 15% so A2 should not be chosen over A1. A1 should instead be chosen over A2.

Compare A1 to A3

If A3 is chosen over A1 then the incremental return would be 18%. This is higher than the MARR of 15% so Alternative 3 should be chosen over Alternative 1.

Alternative 3 should be chosen over A1 which should be chosen over A2 and A0.

A3 will therefore be selected.

7 0
3 years ago
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