Answer:
$2,320
Explanation:
It is given that the cost of goods sold should be calculated as per specific identification method. Cost of goods sold consists of total cost of sales which includes the product of the unit and cost per unit of sales. The sale on June 7 consists of the cost of $190 as per beginning inventory. The sale on June 15 consists of the sale of 3 fishing reels from beginning inventory which costs $190 per unit and 9 fishing reels from units purchased on June 12 which, costs $180 per unit. Likewise, the sale on June 29 consists of cost of $190 and cost of $170 from the purchase of June 24. Thus, the cost of goods sold is $7,980.
It is given that the total cost is $7,980. The cost of goods sold is $5,660. Cost of ending inventory can be found by deducting cost of goods sold from the total cost. Thus, the total cost of ending inventory is $2,320.
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Answer:
$3250
Explanation:
Given that
Purchase price = 42000
Salvage value = 3000
Useful life = 3 years
Recall that using straight line method
Depreciation value per year = (purchase price - salvage value) ÷ useful life
Thus,
= 42000 - 3000 ÷ 3
= 39000 ÷ 3
= $13000.
By December 31, 2019, only 3 month of usage has gone
Thus, value of depreciation by Dec 31
= 3/12 × 13000
= 0.25 × 13000
= $3250
Depreciation value recorded by year end is $3250
Answer:
the total period cost for the month under variable costing is $46,700
Explanation:
Product Cost Under Variable Costing = Direct Materials + Direct Labor + Variable Overheads
Period Cost Under Variable Costing = Fixed Manufacturing Overheads + All Non-Manufacturing Overheads (Variable and Fixed)
<u>Calculation for the total period cost - Varible Costing</u>
Variable selling and administrative expense ( $ 7× 1,070 Units) $ 7,490
Fixed manufacturing overhead $ 13,530
Fixed selling and administrative expense $ 25,680
Total period cost for the month $46,700
Every day, Pepsi products are delivered to grocery stores, gas stations, vending machines, and restaurants in the united states and locations around the world. to accomplish this task, pepsi must have an expedient to get its products from its source to the consumer in the supply chain.
<h3>
What is Pepsi?</h3>
- PepsiCo produces the carbonated soft drink known as Pepsi.
- Caleb Bradham first invented and introduced Brad's Drink in 1893. In 1898, it was renamed Pepsi-Cola, and in 1961, the name was abbreviated to Pepsi.
- Caleb Bradham created Pepsi at his drugstore in New Bern, North Carolina, where it was first sold in 1893 under the name "Brad's Drink".
<h3>What stands for Pepsi?</h3>
- In 1893, Caleb Bradham created the first Pepsi beverage at his drugstore in New Bern, North Carolina, and sold it under the name "Brad's Drink."
- In 1898, the drink's name was changed to Pepsi Cola in honor of the recipe's inclusion of kola nuts and the digestive enzyme pepsin.
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They don’t know how to get started and the Financing is often difficult to find.
<h3>
Why small-business owners refuse to go international?</h3>
Funding is frequently hard to track down. Many individuals don't have the foggiest idea how to get everything rolling and don't grasp the social distinctions in unfamiliar business sectors.
These organizations might come up short on assets for finding and overseeing abroad clients, accomplices, and providers. Some 15% feel worldwide development is simply too costly to even consider seeking after. Reasons to by review respondents for not participating in global exchange incorporate a discernment that it is too unsafe, an absence of information about worldwide business sectors.
Therefore They realize their homegrown business sectors better and comprehend that they need to roll out major improvements.
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