The relevant cost of the 160 kilograms of the raw material when deciding whether to proceed with the special project is $1,029.
<h3>Relevant cost</h3>
Using this formula
Relevant cost=(Numbers of kilogram of raw material × Discounted price per kilogram)- Delivery cost
Let plug in the formula
Relevant cost=( 160 kilograms× $6.95 per kilogram) -$83
Relevant cost=$1,112-$83
Relevant cost=$1,029
Therefore the relevant cost of the 160 kilograms of the raw material when deciding whether to proceed with the special project is $1,029.
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Answer:
152,600 units
Explanation:
Weighted average costing adds the value of beginning inventory in the period cost to calculate the average cost per unit.
According to this method the equivalent units formula is as follow
Equivalent Units = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage
Units Completed in the period = 37,000 + 122,000 - 32,000 = 127,000
Equivalent Units = 127,000 + (32,000 x 80%) = 152,600 units
Answer:
Explanation:
Insurance protects people. Many federal government programs protect people from losses. So the government can be considered as offering insurance. For example workers pay into a program which will provide payments during emergencies. Another case is federal taxes which fund various financial assistance programs. In conclusion, the federal government provide "insurance" to people.
Answer:
The correct answer is $800
Explanation:
Giving the following information:
Fulbright Corp. uses the periodic inventory system.
Fulbright made the following purchases (listed in chronological order of acquisition):
· 40 units at $100
· 70 units at $80
· 170 units at $60
Sales for the year totaled 270 units, leaving 10 units on hand at the end of the year.
Ending inventory= [(100 + 80 + 60)/3]*10
Ending inventory= 80*10= $800
Answer:
Money need for one-year's tuition (A) = $11,590 (Approx)
Explanation:
Given:
Initial value (P) = $10,000
Annual rate of inflation (r) = 3% = 0.03
Time taken = 5 years
Find:
Money need for one-year's tuition (A)
Computation:
![A=p[1+r]^n\\\\A=10,000[1+0.03]^5\\\\A = 11,592.7407](https://tex.z-dn.net/?f=A%3Dp%5B1%2Br%5D%5En%5C%5C%5C%5CA%3D10%2C000%5B1%2B0.03%5D%5E5%5C%5C%5C%5CA%20%3D%2011%2C592.7407)
Money need for one-year's tuition (A) = $11,590 (Approx)