Answer:
ATQ
5x+3x =40.00
7x =40.00
x= 40/7
x= 5.71
5x= 5.71×5= 28.57
3x= 5.71×3= 17 .13
Explanation:
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Answer:
<em>A. Cycle inventory exists to avoid customer service problems.</em>
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Explanation:
Cycle inventory is the part of inventory kept by a supplier, that shows the amount of inventory available to satisfy demand. Cycle inventory allows the supplier to keep track of his available inventory so as to remove the problem of not meeting customers demand, which can led to loss of customers. And also to reduce the problem of over-storage that can lead to additional holding charge.
Answer:
C) $128.15
Explanation:
The computation of the intrinsic value of Innovative Components’ equity per share is shown below:
= Retained earnings ÷ number of shares issued × PE ratio
= $2,014,802 ÷ 402,500 shares × 24.6
= $128.15
We simply applied the above formula so that the intrinsic value of Innovative Components’ equity per share could come
and ignored the company PE ratio of 24.6
Answer:
Production cost per unit $80.59
Explanation:
The computation of the production cost per unit using absorption costing is shown below:
Direct labor per unit $28
Direct material per unit $29
Variable overhead per unit $20 ($760,000 ÷ 38,000 units)
Fixed overhead per unit $3.59 ($136,420 ÷ 38,000 units)
Production cost per unit $80.59
We simply added all the cost per unit so that the production cost per unit could come
Answer:
correct option is $750
Explanation:
solution
we know here that Net balance of opening accounts receivable is
Net balance of opening accounts receivable = $30000 - $500
Net balance of opening accounts receivable = $29500
and
Credit sales during the year is here $7500
0
and Cash payments received = 74550
so
uncollecectible account expenses = credit sales × % of sale uncollectible
so uncollecectible account expenses = $75000 × 1%
uncollecectible account expenses = $750
so correct option is $750
