Answer:
Equivalent Units Materials 1700 Conversion 2630
<u>Cost per EUP Materials:</u> 38.308 Conversion : 19.55
Explanation:
The weighted average method can be calculated using the beginning inventory and the units started .
Kahil Mfg
Weighted Average Method
Particulars Units % Of Completion Equivalent Units
Materials Conversion Materials Conversion
Beginning
Inventory 400 70 85 280 350
<u>Units Started 3800 40 60 1520 2280 </u>
<u>Equivalent Units 1700 2630</u>
<u />
Beginning WIP Inventory costs
Direct material Conversion
$ 4,349 4,658
Current period costs
<u> 60,775 46,750 </u>
<u>Total Costs 65,124 51,408 </u>
<u />
<u>Cost per EUP</u>
65,124/1700 51,408/2630
38.308 19.55
Answer:
Loss-leader pricing
Explanation:
Loss leader pricing can be defined as a marketing strategy that entails selecting some retail products that is going to be sold below cost. This means that the retailer will not make any profit from the products being sold because the goods are being sold below the actual price.
This is done in order to get customers in the door. It is a method of enticing buyers to purchase your products.
This stategy attracts news customers because goods are being sold at significant discount to market price.
Probably “would you enjoy reading a fashion magazine”
Answer:
6.78%
Explanation:
Data provided in the question:
Total return i.e nominal rate = 15% = 0.15
Real return = 7.7% = 0.077
Now,
Inflation rate =
- 1
on substituting the respective values, we get
Inflation rate =
- 1
or
Inflation rate = [ 1.15 ÷ 1.077 ] - 1
or
Inflation rate = 0.0678
or
Inflation rate = 0.0678 × 100% = 6.78%