Managerial accounting primarily serves the needs of a firm s

Copy Center sells laser printers and supplies. Assume Copy Center started the year with containers of ink (average cost of eac

Anna35 [415]

Answer:

The question is incomplete, so I looked for a similar one:

Copy Center sells laser printers and supplies. Watson Copy Center started the year with 90 containers of ink (average cost of $ 8.50 each, FIFO cost of $ 8.90 each, LIFO cost of $ 7.80each). During the year, Watson Copy Center purchased 720 containers of ink at $ 10.30 and sold 600 units for $ 19.75 each. Watson Copy Center paid operating expenses throughout the year, a total of $ 5000. Watson Copy Center's income statement-excluding the effects of income tax under each of theaverage-cost, FIFO, and LIFO inventory costing methods--is given.

Total sales revenue = 600 x $19.75 = $11,850

COGS under weighted average = {[(90 x $8.50) + (720 x $10.30)] / 810} x 600 = $6,060

COGS under FIFO = (90 x $8.90) + (510 x $10.30) = $6,054

COGS under LIFO = 600 x $10.30 = $6,180

Copy Center

Income Statement for the year 202x

(using weighted average)

Sales revenue $11,850

COGS ($6,060)

Gross profit $5,790

Operating expenses ($5,000)

Net income $790

Copy Center

Income Statement for the year 202x

(using FIFO)

Sales revenue $11,850

COGS ($6,054)

Gross profit $5,796

Operating expenses ($5,000)

Net income $796

Copy Center

Income Statement for the year 202x

(using LIFO)

Sales revenue $11,850

COGS ($6,180)

Gross profit $5,670

Operating expenses ($5,000)

Net income $670

3 0

3 years ago

A firm expects to earn $10,000,000 in cash in 2018. The firm also expects to increase its cash earnings by 2% each year in perpe

deff fn [24]

Answer:

$181,818,181.82

Explanation:

The computation of the current value of this firm is shown below:

= (Firm expectation to earns in cash) ÷ (discount rate - increased cash earning percentage)

= ($10,000,000) ÷ (7.5% - 2%)

= ($10,000,000) ÷ (5.5%)

= $181,818,181.82

In order to find out the current value, we considered all the given information that are mentioned in the question

3 0

3 years ago

ACTIVIDAD No. 03. Contabilice las siguientes transacciones realizadas por la empresa Castrillón & Cía. Ltda. a. Vende mercan

tamaranim1 [39]

Answer:

280000 is the answer ok

Explanation:

kajj

5 0

3 years ago

Ryan works in an ice cream parlor. He has been told that the tables should be cleaned up quickly after customers leave so that t

statuscvo [17]

Answer:

i think its to describe the current performance, option c.

5 0

3 years ago

You are working on a brochure about your business. The type for the body text will be black and that for the section headings wi

OlgaM077 [116]

Answer:

The correct answer is Contrast and repetition.

Explanation:

Contrast: it has to do with sensory stimuli that allow highlighting elements or areas in a composition through the opposition or difference between them, that is, in a graphic design, a contrast is generated when there is a notable difference between two elements.

Repeat: the repetition is nothing more than identical identical forms that appear more than once in the design, that is to say, it would be a question of using the same element several times and distributed throughout the composition.

It is very important to resort to repetition especially when we are designing a graphic product that consists of several pages (catalog, magazine, etc.).

The repetition gives unity to the whole design, consistency and cohesion. Sometimes even on single page products, such as a diptych or triptych, it gives the feeling of continuity and that everything is "well tied". However, it should not be exceeded in its use. Repeating one or two graphic patterns is fine, but after three it would not be correct.

8 0

3 years ago