Answer:
$40,000
Explanation:
The LIFO inventory system means last in, first out. It means that It is the last purchased inventory that is first sold.
If 750 laptop computers were sold ,they would be sold from the inventory purchased on 10/15 , 8/10 , 5/5. This would total 700 laptops. The last 50 laptops would be sold from the beginning inventory . This would leave an ending inventory of 50 laptops.
50 × $800 = $40,000
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Answer:
B) people face trade offs
Explanation:
Resources are scarce, and that applies to every person and every organization in the world. Even the richest person or richest organization has a certain finite amount of money, time and other resources. For example, if we decide to work 12 hours a day, we will make more money, but we will also have less time o do other activities that we like.
In this case, Billie Jean only has $120 and she wants to buy both products, but she can only buy one. Whatever product she decides to buy will leave her with $0, so if she wants to purchase the other product she will need to find a job and earn some money, or if she already has a job, she will need to work more hours.
Answer:
China-Legislating number of children
Thailand-Contraceptive available
Kerala, India-Many educational opportunities for women
Explanation:
Some countries with increasing population problems recur to laws in order to reduce it. China's example was a tax law. If you have more than two kids , your tax were higher.
Answer:
The ending inventory is
Units Unit Cost Total
6 $6,35 $38,1
Explanation:
AVCO Perpetual chart is attached.
AVCO Perpetual chart shows purchases , sales and balance of each period. Highlighted you will find the balance at the end of every purchase or sale.
When you have a purchase: Use the following formula to get the weighted-average cost by unit:
(P₁*Q₁)+(P₂*Q₂)/(Q₁+Q₂)
P₁ and Q₁ are the balance from operation that you made before.
P₂ and Q₂ is the data of the new operation (new purchase)
When you have a sale: you only discount the Quantity and use the average cost by unit to get the final inventory.
The balance at the end of June is:
Units Unit Cost Total
6 $6,35 $38,1
The business cycle graph demonstrates the short-term variations in the economy.
When real output declines for at least two quarters in a row, the economy is in a recession (real GDP). Depression is a long-lasting, severe recession.
Every country's economy has expansionary and contractionary eras. The levels of employment, productivity, as well as the overall demand and supply of the country's goods and services, all contribute to these shifts. The variations of the economy between times of expansion (growth) and contraction are referred to as the "economic cycle" (recession). The present stage of the economic cycle can be determined using variables like gross domestic product (GDP), interest rates, total employment, and consumer expenditure.
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