Answer:
$118,209
Explanation:
Weighted average costing adds the value of beginning inventory in the period cost to calculate the average cost per unit.
It is assumed that unit in work in process at the end of the period is incomplete in every aspect.
According to this method the equivalent units formula is as follow
Equivalent Units = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage
Equivalent Units = 5,000 + 600 x 50% = 5,300 units
Total Cost = ( 5,300 x $10 ) + (38,280 + 30,620) x 5,300/5600 = $53,000 + $65,209 = $118,209
Note:
There is some inconsistency between the material cost and the total units. Material cost is calculated using 1,600 units and total numbers of units are 5,600. I took 5,600 units and calculated the costs.
Answer:
simple rate of return = 16.4 %
so correct option is B. 16.4%
Explanation:
given data
purchasing a machine = $423,000
useful life = 9 years
cash operating costs = $112,000 per year
yielding = $27,000
annual depreciation = $47,000
to find out
simple rate of return on the investment
solution
we get here simple rate of return on the investment that is express as
simple rate of return = 
.............................1
put here value we get
simple rate of return = 
solve it we get
simple rate of return = 16.4 %
so correct option is B. 16.4%
This business is a price setter. There are two kinds of business in the market: price takers and price setters. Price setters are those that don't go with the flow, and set their own market value. Price takers are the opposite. They mostly follow or accept the prevailing market prices. Since the business sells a product that's one-of-a-kind, it has the advantage of selling it at any price it wants.
Answer:
The correct answer would be option A, Setting up a budget for them.
Explanation:
CCCS stands for Consumer Credit Counseling Services. The Consumer Credit Counseling Services provide a set of services to the clients which may include the financial education, budgeting assistance, debt management plans, etc.
The consumer credit counseling services aids families by setting up a budget for them. They formulate a plan for how to spend their money on things. They formulate a budgeting plan for the families to take the best and greatest advantage of their money.
Answer:
The required annual installment payment is $4067.25.
Explanation:
annual installment = (20000×6%)/(1 - (1 + 6%)^6)
= $4067.25
Therefore, the required annual installment payment is $4067.25.
