Answer:
$48,000
Explanation:
The computation of ending inventory using average method is shown below
Total units = 200 + 400 + 100 = 700
Total cost = (200 × $140) + (400 × $160) + (100 × $200)
= $28,000 + $64,000 + $20,000
= $112,000
Average cost per unit = $112,000/700 = $160
Ending inventory = Total units - units sold
= 700 - 400
= 300
Therefore, cost of ending inventory = Ending inventory × Average cost per unit
= 300 units × $160
= $48,000
,Answer:
See below
Explanation:
A B C
Sales revenue
$70,000 $145,000 $32,000
Variable costs
($42,000) ($77,000) ($20,000)
Contribution margin
$28,000 $68,000 $12,000
Fixed costs
Operating income loss
The total operating income is
= $16,700 + $34,500 + ($950)
= $50,250
Should the fixed cost of C be eliminated, the operating income/(loss) of C
= $6,000 - $950
= $5,050
This is the net increase in the total operating income
It is included action for minimizeing risks
Answer:
<u>C) quantity supplied is greater than the quantity demanded.</u>
<u>Explanation:</u>
We need not be confused, <em>the market-clearing price is referring to the equilibrium price. </em>Thus, if the current price is above the market-clearing price (that is, the price at which quantity demanded equals quantity supplied), it means the <u>quantity supplied</u> is <em>greater</em> than the<u> quantity demanded</u> of the item.
For example, at a price of $1 per orange, there's an equal amount in quantity demanded and quantity supplied of orange. However, the price increases to $2 per orange; which makes the current price of an orange greater than the market-clearing price of $1.
<span>The statement that indicates Tina’s company is a partnership is the statement that is written in letter D. Which is he has a 30% share in Trisha's business. In a business partnership, it is essential for the businessmen to have financial shares. It is the answer for it clearly shows that there is a business partnership between the two.
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