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olya-2409 [2.1K]
3 years ago
13

At a lump-sum cost of $72000, Sunland Company recently purchased the following items for resale: Item No. of Items Purchased Res

ale Price Per Unit M 4600 $4.05 N 2300 12.60 O 6600 6.60 The appropriate cost per unit of inventory is: M N O $3.63 $11.28 $5.91 $3.20 $9.95 $5.21 $5.33 $5.33 $5.33 $4.05 $12.60 $6.60
Business
1 answer:
Gnom [1K]3 years ago
7 0

Answer:

M = $3.20

N = $9.95

O = $5.21

I believe it is the second option.

Explanation:

Item              No. of Items Purchased              Resale Price Per Unit

M                             4,600                                         $4.05

N                             2,300                                        $12.60

O                             6,600                                         $6.60

total resale price:

  • M = 4,600 x $4.05 = $18,630
  • N = 2,300 x $12.60 = $28,980
  • O = 6,600 x $6.60 = $43,560
  • total = $91,170

markup % = ($91,170 - $72,000) / $72,000 = 26.625%

purchase cost per unit:

  • M = $4.05 / ( 1 + 26.625%) = $3.20
  • N = $12.60 / ( 1 + 26.625%) = $9.95
  • O = $6.60 / ( 1 + 26.625%) = $5.21

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Explanation:

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7 0
3 years ago
Wedding Photos. Bobby took a number of wedding photos at Jill's wedding. He was paid as the photographer. On all of the photogra
algol13

Answer:

He would register merely by affixing the appropriate symbol at the bottom of the photograph followed by first date of publication and his name.

Explanation:

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8 0
3 years ago
Cindy's car wash has average variable costs of $2 and average fixed costs of $3 when it produces 100 units of output (car washes
Ivanshal [37]

The correct option is b. the firm's total cost $500.

Total cost:

Total fixed costs are the total of all recurring, fixed costs that a business incurs.

The variable and fixed expenses of providing commodities are combined to create a total using the total cost formula. The equation is:

Total cost = (Average fixed cost x average variable cost) × Number of units produced.

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The firm's total cost is

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Learn more about total cost here brainly.com/question/25369053

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6 0
2 years ago
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Answer:

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3 0
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