Answer:
COGS= $11,600
Explanation:
Giving the following information:
Beginning inventory= 735 units for $8
During February the company produced 700 units for $12 per unit.
Units sold= 1,100
<u>Under the LIFO (last-in, first-out) method, the cost of goods sold is calculated using the cost of the last units produced.</u>
COGS= 700*12 + 400*8
COGS= $11,600
Answer:
steel sector
Explanation:
U.S negotiators prepare for those discussions this spring,they must consider the Chinese government's legacy of repeated broken promises and false statement regarding overcapacity
Answer:
Cash available will increase.
Explanation:
<u>Decrease in of Account Receivable in terms of cash:</u>
The company will collect quicker from his customers. Theerfore the collection cycle will decrase and more cash will be available for use
<u>Increase of Account Payable in terms of cash:</u>
The company will delay payment for longer period of time. The payment cycle will increase. Less cash will be used as the obligation are settle in longer periods
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<em>Overall:</em>
The combined effect will increase cash available, as the cash inflow increase form the reduced collection cycle. And also, the cash outflow decrease from the increase in the payment cycle
Assuming Raleigh BBQ has $48,000 in current assets and $39,000 in current liabilities. This refers to as working capital management.
<h3>What is Working Capital Management?</h3>
Working capital management can be defined as the way in which a company or an organization ensures that both their current asset and current liabilities are put in use effectively and efficiently.
A company who make use of working capital management as a strategy will tend to ensure that their liabilities does not exceed their assets so as to maintain the company financial health.
Therefore this refers to as working capital management.
Learn more about working capital management here:brainly.com/question/14736085
Answer:
Total contribution margin= $1,220,000
Explanation:
Giving the following information:
Purchase price= $1.8
Selling price= $14
Number of untis= 100,000
<u>First, we will determine the unitary contribution margin:</u>
Unitary contribution margin= selling price - unitary variable cost
Unitary contribution margin= 14 - 1.8
Unitary contribution margin= $12.2
<u>Now, the total contribution margin:</u>
Total contribution margin= 100,000*12.2
Total contribution margin= $1,220,000