Answer:
<em>Price per cookie $5.5</em>
Explanation:
The cost per cookies inclusive of wastage
$3× 100/(100-12)
=$3.409
<em>Total cost for 150 units</em>
= 150× 43.409
= $511.36
<em>Total sales value for 150 units</em>
= $511.36 + (60% × 511.36)
= $818.1818
Selling price per unit
<em>=</em><em>$818.18/150 units</em>
<em>= $5.5</em>
Answer:
See below
Explanation:
It is to be noted that under IFR, inventories are carried at a lower of cost or net realizable value, which is $550,000 in this scenario.
Also, under the United states GAAP, inventories are carried at a lower of cost or market . Here, the replacement cost of $525,000 would be used because it is below NRV and its equal to the difference between NRV and normal profit margin.
Answer:
Fixed assets and equipment
Explanation:
Depreciation is the accountant's estimate of the cost of fixed assets and equipment used in the production process matched with the benefits produced from owning it.
It is the decrease in the value of assets and the method used to reallocate the cost of asset over its useful life span.
Assets can be categorized as :
1. Current
2. Fixed
3. Tangible
4. Intangible assets.
In accounting, there are several standard methods of computing depreciation expense:
1. Fixed percentage
2. Straight line
3. Declining balance methods.
The opportunity cost of receiving a 93 on the economics exam is productive efficient points on the statistics exam.
Whst is opportunity cost?
The "opportunity cost" of choosing one course of action over another is the potential profit lost due to a missed opportunity. Add all of the potential costs together to get the opportunity cost.
The economics are the examine the productive efficient of the opportunity cost. The production of the goods are the lowest cost as possible unit cost.
As a result, the opportunity cost of the 93 are the reciving of the productive efficient.
Learn more about on opportunity cost, here:
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$30 I believe I apologize if I am incorrect.
