Answer:
I used an excel spreadsheet to calculate each unit's ending inventory price:
Product 1 = $7,20
Product 2 = $10,20
Product 3 = $11,75
Product 4 = $5,25
Product 5 = $5,60
Answer: $825
Explanation:
Total seminar cost for the team;
= 150 * 5 people
= $750
Two cars need to be driven the 100-mile round trip at 37.5 cents per mile.
= 2 * 100 * 37.5
= 7,500 cents
= $75
Cost of Seminar = 750 + 75 = $825
False, a credit card doesn’t deduct from your checking account nor is it linked to your checking account only a debit card deducts from your checking account.
Answer:
Under the cost of good sold method no journal entry will be required. The entries will constitute adjusted along with the sales.
Under the loss method we immediately pass a debit charge to cost of goods sold in the P&L, not awaiting its sales happening.
This makes the net income in that year lower. And makes the costs of goods sold method give a higher net income.
Explanation:
All the data or files that are readily available to a computer user is called visible data. An example of a visible data is a library program or program library. A program library is a collection of programs that are saved for immediate use and allow programs to be more modular, faster to recompile, and easier to update. <span> </span>