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Simora [160]
3 years ago
8

Ehlo Cmpany is a multiproduct frm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction

Quantity Price/Cost 1/1 Beginning Inventory 1,000 $12 2/4 Purchase 2,000 18 2/20 Sale 2,500 30 4/2 Purchase 3,000 23 11/4 Sale 2,200 33 Required: Compute the value of ending inventory and cost of goods sold, assuming Ehlo uses: a) perpetual system, FIFO cost flow. b) perpetual system, LIFO cost flow. c) perpetual system, moving-average cost flow.
Business
1 answer:
saw5 [17]3 years ago
3 0

Answer:

FIFO        87100

LIFO        92600

AVERAGE 88400

Explanation:

a)FIFO 1000 12 1000 12 12000  

       2000 18 1500 18 27000  

                 2500    

     

              0 12 0  12 0  

         500 18 500         18 9000  

              3000 23 1700 23 39100  

                 2200  87100  

     

b)LIFO 1000 12 500         12 6000  

       2000 18 2000 18 36000  

                  2500    

     

            500 12       0 12 0  

                 0 18 0 18 0  

          3000 23 2200 23 50600  

                 2200  92600  

     

c)average 1000 12 12000 500  

               2000 18 36000 2000  

               3000 16 48000 2500 16 40000

     

                  500 16 8000 0  

                  3000 23 69000 0  

               3500 22 77000 2200 22 48400

                                             88400

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Core self-evaluations (CSEs) represent a broad personality trait comprising four positive individual traits: (1) self-efficacy,
ryzh [129]

Answer: True

Explanation:

Thw above statement is true. Core self-evaluations (CSEs) is made up of positive individual traits which are self-efficacy, self-esteem, locus of control, and then emotional stability.

There individual traits are all vital in the accomplishment of a particular objective. Individuals that have high self-evaluations believe in themselves and are known to be effective.

4 0
3 years ago
New Business is just being formed by 10 investors, each of whom will own 10% of the business. The firm is expected to earn $500,
Triss [41]

Answer:

additional income is $11050  if the business is organized as a partnership rather than as a corporation

Explanation:

given data

investors = 10

own = 10%

earn =  $500000

corporate tax rate = 34%

personal tax rate = 35 %

to find out

How much additional spendable income

solution

we find here first income if formed as corporation in hand  that is

income if formed as corporation = earn × own ( 1 -  corporate tax ) × ( 1 - personal tax )

income if formed as corporation = 500000 × 10% ( 1 - 34% ) × ( 1 - 35% )

income if formed as corporation =$21450

and

income will be taxable if form partnership that is

income if formed partnership = earn × own ( 1 - personal tax )

put here value

income if formed partnership = 500000 × 10% ( 1 - 35% )

income if formed partnership = $32500

so

additional income is $32500 - $21450

additional income is $11050

4 0
3 years ago
Question 1 of 10
Lisa [10]

C. price index

is the correct answer to the questions

Question 1 of 10

A. is a measure of change in the prices of goods from one period to

another

A. sanction

B. quota

оо O

C. price index

D. subsidy

SUBMIT

3 0
3 years ago
Read 2 more answers
Suppose that national income in a country is $300 billion, taxes paid by households is $130 billion, household consumption is $1
zhenek [66]

Answer:

$180 billion

Explanation:

The consumption is an act of spending the money from an income. The marginal propensity to consume is the proportion increase in the amount that a consumer is spending. The savings then decline if the consumption increases. In the given scenario the consumption will not raise even if there is an increase in national income and taxes are kept fixed at previous level. This is because marginal propensity to consume is same.

5 0
3 years ago
there were 200 tickets sold for a college basketball game. Tickets were $4.50 for students and $9 for adults. The total amount c
Virty [35]

Answer:

70 tickets were sold to student and 130 tickets were sold to adults

Explanation:

Let the number of tickets purchased by students be "X" and the number of tickets purchased by adults  be "Y"

Given

Total number of tickets sold = 200

Total amount collected by selling 200 tickets = 1485 dollar

Cost of one ticket of student = 4.5 dollar

Cost of one ticket of adult = 9 dollar

Two equation are as follows

X + Y = 200\\ ------Eq (1)

4.5 X + 9 Y =1485 -------- Eq (2)

Multiplying eq (1) by 9 and subtracting from equation 2 we get

4.5 X - 9 X + 9Y -9Y = 1485 - (200* 9)\\-4.5 X = -315\\X = 70

Substituting the value of X in equation 1 we get

70 + Y = 200\\Y = 200 -70 \\Y = 130

Therefore, 70 tickets were sold to student and 130 tickets were sold to adults

8 0
3 years ago
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