Answer:
The difference in the direct materials cost per equivalent unit between the two months is $0.70.
Explanation:
First calculate the direct cost per equivalent unit in September
Direct cost per equivalent unit = Total Cost / Total Equivalent units
= $12,000 / 7,500
= $1.60
<u>Difference between the two months.</u>
September = $1.60
Less August = ($0.90)
Difference = $0.70
Answer:
Strategic dissonance
Explanation:
Based on the information provided within the question it can be said that the term that best illustrates the situation is Strategic dissonance. This term intents to describe the disconnect between the organization's actions from their actual intent. Which seems to be the case in this scenario as Cardwire Inc. has lowered it's prices in order to sell more and lower it's overall costs but has instead spent more on buying raw materials.
Answer:
$174
Explanation:
The computation of the cost of goods sold is shown below:
As we know that
Cost of goods sold = Opening inventory + Purchase - ending inventory
= $142 + $432 - $400
= $174
By adding the purchase of merchandise and deducting the ending inventory from the opening inventory we can get the cost of goods sold and the same is to be applied
Hence, the cost of goods sold is $174
