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Nataly_w [17]
2 years ago
15

Exercise 6-16 Kaleta Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inv

entory 410 $8 $3,280 12 Purchase 820 9 7,380 23 Purchase 615 10 6,150 30 Inventory 205 Assume a sale of 902 units occurred on June 15 for a selling price of $11 and a sale of 738 units on June 27 for $12. Calculate cost of goods available for sale.
Business
1 answer:
Irina18 [472]2 years ago
8 0

Answer:

Cost of goods available for sale=$1,640

Explanation:

To calculate the cost of goods available for sale, we need to first calculate the available units of inventory;

Available inventory=Inventory purchased-inventory sold

where;

Inventory purchased are as follows;

On June 1>>>>>purchased 410 units each at $8

On June 12>>>>purchased 820 units each at $9

On June 23>>>>purchased 615 units each at $10

Total inventory purchased=(410+820+615)=1,845 units

Inventory sold are as follows;

On June 15>>>>sold 902 units each at $11

On June 27>>>>sold 738 units each at $12

Total inventory sold=(902+738)=1,640 units

Available inventory=(1,845-1,640)=205 units

The cost of goods sold can be expressed as;

Cost of goods available for sale=Cost per unit×number of units

where;

Number of units of inventory=205

Cost per unit=least cost per unit=$8

replacing;

Cost of goods available for sale=(8×205)=1,640

Cost of goods available for sale=$1,640

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Customer Perceived Value (CPV)

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CPV is associated with product marketing and branding. It state that success of  product depends on customer perception about the product or service ability to setify their needs. Customers interpret and react to marketing messages.

3 0
2 years ago
James owns a vacant property. By law, he can build the following building types, which generate a return on investment as listed
Dima020 [189]

Answer:

Office building

Explanation:

The formula to compute the return on investment is shown below:

Return on investment = Operating Income ÷ Average Operating Assets

It is a mix of operating income and the average operating assets through the return on investment could be computed

Since the return on investment is already given in the question

And, the higher return on investment is the best one for property use

So the office building has a higher return on investment i.e 13.5% which reflects the best for property usage.

6 0
3 years ago
Leisure Lodge Corporation is expected to pay the following dividends over the next four years: $22.00, $15.00, $6.00 and $3.20.
Umnica [9.8K]

Answer:

P0 = $45.299899  rounded off to $45.30

Explanation:

The dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under DDM is,

P0 = D1 / (1+r)  +  D2 / (1+r)^2  +  ...  +  Dn / (1+r)^n  +  [(Dn * (1+g) / (r - g)) / (1+r)^n]

Where,

  • D1, D2, ... , Dn is the dividend expected in Year 1,2 and so on
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  • r is the discount rate or required rate of return

P0 = 22 / (1+0.19)  +  15 / (1+0.19)^2  +  6 / (1+0.19)^3  + 3.2 / (1+0.19)^4  +  

[(3.2 * (1+0.04) / (0.19 - 0.04)) / (1+0.19)^4]

P0 = $45.299899  rounded off to $45.30

Read more on Brainly.com - brainly.com/question/22666091#readmore

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Alana lives in a country in which the government does not impose quotas on what can be imported or on what businesses can produc
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Answer:

Free-market

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Same is true for the sale of national product to abroa,there is no qupta, tariff or additional cost involved in trade thant those generated from the transactions. It is tax-free to import and export

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Which of the following are steps in the planning process of an organization? (Check all that apply.) Multiple select question. F
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The steps in the planning process of an organization include:

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<h3>What is planning?</h3>

Planning is a management function that ensures the achievement of organizational efficiency and effectiveness.

Planning usually takes place at three levels of the organization, including:

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Thus, the steps in the planning process of an organization include Options A, B, and D.

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