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Ainat [17]
3 years ago
6

Consider the following information.

Business
1 answer:
katen-ka-za [31]3 years ago
5 0

Answer:

$63,120

Explanation:

Beginning inventory layer at base year retail:

= Beginning inventory at retail ÷ Year end cost index

= $ 120,000 ÷ 1.00

= 120,000

Current inventory layer at base year retail:

= Ending inventory at retail ÷ Year end cost index

= $ 168,000 ÷ 1.12

= 150,000

Estimate of ending inventory:

= Base + Current

= (inventory at base year retail × Cost percentage × Year end cost index) + (inventory at base year retail × Cost percentage × Year end cost index)

= ( 120,000 × 40% × 1.00) + (30,000 × 45% × 1.12)

= $48,000 + $15,120

= $63,120

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EB5.
lord [1]

Answer:

                                    $

Material used            2,500                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            

Direct labour             5,000

Overhead applied    200

Cost of goods sold   7,700                                                                                    

Explanation:

The overhead applied is the difference between cost of goods sold and cost of material used and direct labour. The cost of goods sold is $7,700 while the cost of material and labour is $7,500. The difference of $200       represents the overhead applied.                                                                                                                                                                                                                                                

7 0
3 years ago
On January 2, 2018, Ava Co. issued at face value $53,300 of 9% bonds convertible in total into 9,649 shares of Ava's common stoc
aalyn [17]

Answer: $123,583.90

Explanation:

Given the following Parameters,

Net income = $120,226,

Interest rate = 9%

Tax = 30%

The following formula then applies,

Diluted EPS = (Net income + Interest after tax)/Total outstanding shares outstanding

Now, Interest(Before tax) = $53,300 * 0.09 = $4797

Now we have to calculate it After Tax

= 4,797 (1-tax rate)

= 4,797(1-0.3)

= $3,357.90

The numerator is,

= (Net income + Interest after tax)

= 120,226 + 3,357.90

= $123,583.90

The numerator in the diluted earnings per share calculation for 2018 would be $123,583.90

4 0
3 years ago
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Society suffers a deadweight loss in a pure-monopoly market because
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A pure-monoply means that a company does not have to compete with other producers within the market. Since they aren't competing with a good or service, they aren't competing with each others customers either. When a company does not have to compete on price/customers they may end up being greedy and have market failure. 
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3 years ago
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sveta [45]
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3 years ago
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wel

Answer:

Line organization model

Explanation:

Based on the information provided within the question it seems that Party Pros Inc. is using a Line organization model. This is an organizational structure in which power flows from the top to the bottom, meaning that the person at the top is the owner and the individuals in each level of the hierarchy answer to those in the upper levels, all of which are trying to accomplish the same organizational goals. Such as is being described in this situation.

8 0
3 years ago
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