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AURORKA [14]
3 years ago
15

The following inventory was available for sale during the year for Thomasina Tools:

Business
1 answer:
GaryK [48]3 years ago
7 0

Answer:

B. $3,300

Explanation:

The computation of the ending inventory using the FIFO method is shown below:

Since there are 25 units in hand at the end of the year

Out of which 20 units are taken from third purchased at $130 and the rest 5 units are considered for $140

So,

= 20 units × $130 + 5 units  × $140

= $2,600 + $700

= $3,300

Hence, the second option is correct

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What is NOT one of the three primary resources that families have to reach financial goals?
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Answer:

D.

Explanation:

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For each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or lo
8090 [49]

Total variable cost is -44000 ,0, 244000.

TR = P * Q

TC = FC + VC

Profit = TR - TC

Price Q                        TR                       FC              VC

10      6000 6000 * 10 = 60000 44000 =10 * 6000 = 60000    

16 8000 16 * 8000 = 128000 44000 =10.5 * 8000 = 84000

40 12000 40 * 12000 = 480000 44000 =16*12000 = 192000

Profit

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0

244000.

The main goal of a perfect competitor to maximize profits is to calculate the optimum production level where marginal cost (MC) = market price (P). As shown in the graph above, the point of profit maximization is where the MC intersects the MR or P.

This is the output when the marginal revenue from the last sold unit is equal to the marginal cost to produce it.

In order to maximize profits, companies need to produce in a place where marginal revenue and marginal cost are equal. The company's marginal production cost is $ 20 per unit. If the company produces 4 units, its marginal revenue is $ 20. Therefore, the company needs to produce 4 production units.

Learn more about profit or loss here: brainly.com/question/13799721

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8 0
2 years ago
Without doing any calculations, determine the missing number that will make the value of Expression B half the value of Expressi
yawa3891 [41]

Answer:

B (8 + 54 + 91) × _____ If im wrong apologies

Explanation:

3 0
3 years ago
The following data pertain to an investment proposal (Ignore income taxes.): Cost of the investment $ 56,000 Annual cost savings
masya89 [10]

Answer: $8,382

Explanation:

First find the present value of the cash benefits which are the cost savings and the salvage value:

= (Cost savings * Present value interest factor of annuity, 5 years, 10%) + Salvage value / ( 1 + rate) ^ no of periods

= (16,000 * 3.7908) + 6,000 / ( 1 + 10%)⁵

= $64,378

Net Present value = Present value of benefits - Cost of investment

= 64,378 - 56,000

= $8,378

<em>=  $8,382 from options. Difference due to rounding errors. </em>

3 0
3 years ago
In B2B markets, ________ are firms that buy and reprocess products and services before selling them again to the next buyer.
Digiron [165]

Answer:

In B2B markets, manufacturers are firms that buy and reprocess products and services before selling them again to the next buyer.

What is manufacturing?

is the process of converting raw materials (primary process) into physical goods (secondary process), involving multiple industrial processes. E.g, assembly, multiple stages of production, quality, control. Manufacturing. to make or process of a raw material into a finished product.

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