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3 years ago

Which of the following features of information systems can be used to help a business increase production and save time?

1 answer:

4 0

Automated tasks

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Adam Company has 100 units costing $300 in beginning inventory. During the year, the company purchases 900 units for a total cos

shutvik [7]

Answer:

The value of the ending inventory is $ 640

Explanation:

First we have to make a table showing the inventory movements.

Beginning inventory 100 units $ 300

Purchases 900 units $ 2,880

Ending inventory 200 units

Adam Company uses the FIFO method which means that the units sold shall be valued at the opening inventory plus purchases. The ending inventory shall be priced at the purchase value.

The unit value for purchases is $ 2,880/900 = $ 3.20 per unit.

So the value of the ending inventory shall be

200 units * $ 3.2 per unit = $ 640

8 0

3 years ago

Read 2 more answers

Bravo company had $5,100 of supplies on hand at the beginning of 2016. on march 31 bravo purchased an additional $12,400 of supp

lana66690 [7]

Supplies expense is $11,400.00.

Expenses = Beg Inv + Addl Inv - Remaining
= 5,100 + 12,400 - 6,100
= 11,400

8 0

3 years ago

Read 2 more answers

Donovan Company incurred the following costs while producing 500 units: direct materials $10 per unit, direct labour $25 per uni

Dafna1 [17]

Answer:

Option (D) is correct.

Explanation:

Unit product cost:

= Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead

= $10 + $25 + $15 + $20

= $70

Operating income using absorption costing:

= (500 units × $100) - (500 units × $70) - (500 units × $5) - $7,500

= $50,000 - $35,000 - $2,500 - $7,500

= $5,000

8 0

3 years ago

the length and Length breadth and height of a room in a house are 8m 6m and 4m respectively the house on a decides to paint the

trasher [3.6K]

Answer:

$Cost\ of\ 112m^2 = 4.48$

Explanation:

Given

Dimension

$Length= 8m$

$Breadth = 6m$

$Height = 4m$

Cost per $m^2$ = 0.04

Required

Determine the total cost to paint 4 walls

First, we need to calculate the area of the 4 walls.

$Area = 2*(Length * Height) + 2 *(Breadth * Height)$

Substitute values for Length, Breadth and Height

$Area = 2*(8m* 4m) + 2 *(6m* 4m)$

$Area = 2*(32m^2) + 2 *(24m^2)$

$Area = 64m^2 + 48m^2$

$Area = 112m^2$

Cost per $m^2$ = 0.04.

$Cost\ of\ 112m^2 = 112 * 0.04$

$Cost\ of\ 112m^2 = 4.48$

8 0

3 years ago

Record the following transactions for the month of November 2019 in the cash receipts journal. Total, prove, and rule the cash r

gregori [183]

Answer and Explanation:

The presentation of the cash receipt journal is as follows;

Date Description Account Sale Sale Title Amount Cash

Receivable tax Credit of debit

Credit Payable Account

Credit

Nov 1 Katie Bing $2,300 $2,300

Nov 10 Collection

From mike drake Note receivable $3,700

Interest income $240 $3,940

Nov 13 Jessie cole $4,100 $4,100

Nov 15 Cash sales $2,300 $26,500 Cash overage $14 $28,814

Nov 30 Totals $6,400 $2,300 $26,500 $3,954 $39,154

7 0

3 years ago