Answer:
Ending inventory in units= 204
Explanation:
Giving the following information:
Beginning inventory= 85 units that cost $22 per unit.
Purchase= 481 units at $19 each.
Sales= 362 units for $46 each.
<u>To calculate the ending inventory in units, we need to use the following formula:</u>
Ending inventory in units= total number of units - units sold
Ending inventory in units= 566 - 362
Ending inventory in units= 204
Answer:
Machinning= $487,500
Explanation:
<u>Giving the following information: </u>
The activity rate for Machining is $125 per machine hour.
Product A Product X Total
Machine hours 1,900 3,900 5,800
<u>To assign costs to Product X, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Machinning= 125*3,900
Machinning= $487,500
Answer:
"repo" rate, paid by the seller of the securities to the buyer
Explanation:
For a given situation whereby repurchase agreement occurs between 2 government dealers, what is involved is that government securities dealer transacts securities with another dealer, based on consensus to buy them back at a future period.
The selling dealer receives money, and in return, pledges to pay interest to the buying dealer. The interest rate charged is referred to as the "repo" rate which simply means the repurchase agreement interest rate.
Hence, the correct answer in this case, is "repo" rate, paid by the seller of the securities to the buyer
Answer:
land 362,500
Explanation:
the accounting considers that asset should be measure at historic cost thus, the land will be disclosure as the sum of all the cost incurred to obtain it and leave it read y for use:
350,000 cost
2,500 delinquent propierty tax
<u> 10,000 </u>removal of the building
362,500 total cost.