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kkurt [141]
3 years ago
14

A company had the following purchases during its first year of operations: Purchases January: 18 units at $128 February: 28 unit

s at $138 May: 23 units at $148 September: 20 units at $158 November: 18 units at $168 On December 31, there were 58 units remaining in ending inventory. These 58 units consisted of 10 from January, 12 from February, 14 from May, 12 from September, and 10 from November. Using the specific identification method, what is the cost of the ending inventory?
Business
1 answer:
Archy [21]3 years ago
7 0

Answer:

$8,584

Explanation:

Cost of ending inventory can be calculated by multiplying the remaining units of the given month by their purchase cost in the following month

DATA

Total remaining units n ending inventory = 58 units

10 from January at $128

12 from February at $138

14 from May at $148

12 from September at $158

10 from November at $168

Calculation

January  =  10 x $128       = $1,280

February = 12 x $138        = $1,656

May = 14 x $148                = $2,072

September = 12 x $158     = $1,896

November = 10 x $168      = $1,680

Cost of ending inventory = $8,584

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snow_lady [41]

Answer:

m,cmcmm

Explanation:

3 0
4 years ago
(-2a+5)(3a+4)<br><img src="https://tex.z-dn.net/?f=%28%20-%202a%20%2B%205%29%283a%20%2B%204%29" id="TexFormula1" title="( - 2a +
vichka [17]
Simplifying
(2a + 5)(3a + -4) = 0

Reorder the terms:
(5 + 2a)(3a + -4) = 0

Reorder the terms:
(5 + 2a)(-4 + 3a) = 0

Multiply (5 + 2a) * (-4 + 3a)
(5(-4 + 3a) + 2a * (-4 + 3a)) = 0
((-4 * 5 + 3a * 5) + 2a * (-4 + 3a)) = 0
((-20 + 15a) + 2a * (-4 + 3a)) = 0
(-20 + 15a + (-4 * 2a + 3a * 2a)) = 0
(-20 + 15a + (-8a + 6a2)) = 0

Combine like terms: 15a + -8a = 7a
(-20 + 7a + 6a2) = 0

Solving
-20 + 7a + 6a2 = 0

Solving for variable 'a'.

Factor a trinomial.
(-5 + -2a)(4 + -3a) = 0

Subproblem 1
Set the factor '(-5 + -2a)' equal to zero and attempt to solve:

Simplifying
-5 + -2a = 0

Solving
-5 + -2a = 0

Move all terms containing a to the left, all other terms to the right.

Add '5' to each side of the equation.
-5 + 5 + -2a = 0 + 5

Combine like terms: -5 + 5 = 0
0 + -2a = 0 + 5
-2a = 0 + 5

Combine like terms: 0 + 5 = 5
-2a = 5

Divide each side by '-2'.
a = -2.5

Simplifying
a = -2.5
Subproblem 2
Set the factor '(4 + -3a)' equal to zero and attempt to solve:

Simplifying
4 + -3a = 0

Solving
4 + -3a = 0

Move all terms containing a to the left, all other terms to the right.

Add '-4' to each side of the equation.
4 + -4 + -3a = 0 + -4

Combine like terms: 4 + -4 = 0
0 + -3a = 0 + -4
-3a = 0 + -4

Combine like terms: 0 + -4 = -4
-3a = -4

Divide each side by '-3'.
a = 1.333333333

Simplifying
a = 1.333333333
Solution
a = {-2.5, 1.333333333}
6 0
4 years ago
The value-added method involves taking the cost of intermediate outputs (i.e., outputs that will, in turn, be used in the produc
Brut [27]

Answer:

Value Added = Value of Output - Intermediate Consumption = Final Goods    .                                                                                                       Value

Explanation:

This can be explained with an example:

A produces flour & sells it to Grocer for Rs 100. Grocer produces Wheat & sells it to Baker for Rs 150. Baker produces bread & sells it to Consumers for Rs 200.

Value of Final Product (Used by end consumers) i.e Bread = Rs 200.

However if considering total Value Of Output including all value added at each stage = 100 + 150 + 200 = 450. This is Overestimated value of Final product Bread, because of 'Double Counting' - Grocer's wheat includes the intermediate good (good purchased for further resale/reprocessing) value of flour and Baker's bread includes value of Wheat & flour intermediate products both.

This problem can be solved by: Calculating Value Added (by subtracting intermediate consumption) at each stage & then summing it to get the Final good value.

In this case: Farmer's Value Added = VO - IC = Flour Value - 0 = 100 .

Grocer's Value Added = VO - IC = Wheat - Flour Value = 150 - 100 = 50

Baker's Value Added = VO - IC = Bread - Wheat Value = 200 - 150 = 50

Adding value added by all these 3 we get , 150 + 50 + 50 = 200 i.e equal to final good bread value 200.

8 0
3 years ago
Which statement best describes what a project manager controls? the overall choice of which work becomes a project the overall d
kenny6666 [7]

Answer: Late on this one but I’m pretty sure it’s B

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Halbur Company reported the following for its recent year of operation: From the income statement: Depreciation expense $ 1,200
rusak2 [61]

Answer:

$300

Explanation:

<u><em>From Equipment Account we get :</em></u>

Cost of Equipment Sold = $12,000 - $8,200 = $3,800

<u><em>From Accumulated Depreciation Account we get :</em></u>

Accumulated Depreciation = $2,200 + $1,200 - $2,700 = $700

<u><em>Using Amounts above to prepare a Disposal Account - Equipment we get :</em></u>

Cash Proceeds = $3,800 - $700 - $2,800 = $300

Conclusion

The selling price of the equipment $300

4 0
3 years ago
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