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8090 [49]
3 years ago
6

Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017.

Business
1 answer:
lyudmila [28]3 years ago
5 0

Answer:

Product JB50= $8,874,800

Product JB60= $5,448,600

Total sales revenue= $14,323,400

Explanation:

Giving the following information:

Product JB 50 Product JB 60

Anticipated volume in units 403,400 201,800

Unit selling price $22 $27

<u>A sales budget reflects the revenues of the company based on the estimated sales volume. It includes sales discounts and allowances.</u>

<u>Sales budget:</u>

Product JB50= 403,400*22= $8,874,800

Product JB60= 201,800*27= $5,448,600

Total sales revenue= $14,323,400

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A company purchased 10 units for $5 on January 3. It purchased 10 units for $7 each on February 28. It sold 10 units on March 1.
NeTakaya

Answer:

The dollar amount for ending inventory using the last-in-first-out method of inventory valuation is $50

Explanation:

Using LIFO,last-in-first-out  method of inventory valuation,items received last into the store are deemed to be sold first, hence the sales of 10 units on March 1 was the inventory purchased on February 28, leaving the items of inventory purchased on January 3 as closing inventory

value of closing inventory using LIFO=10*$5=$50

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3 years ago
An investment of $6,000 produces a net annual cash inflow of $2,000 for each of 5 years. What is the payback period? a.2 years b
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3 years

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I hope my answer helps you

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In a discussion of economics, which of the following would exert the most influence on an individual firm's decision to hire wor
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Option A is incorrect as a firm would not hire more workers even at low wage levels if the economy is in a recession. Option C is incorrect as the level of a firm's income would likely not be considered in its hiring decision if demand for its goods was very high. Option D is incorrect as the household income would likely not be considered by the firm in its hiring decision.

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