Answer:
The answer to this question is option C. $560
Explanation:
We can let the price of each hollow pine door = d and of each solid oak door = 2d.
Since each pine door = 40, d = 40, and the regular price of each solid oak door is (2)(4) = 80.
With a 25% discount, each solid oak door is 0.75(80) = 60.
So, the six oak doors cost 6 x 60 = 360 dollars, and the five pine doors cost 5 x 40 = 200 dollars. Thus, the total is 560 dollars.
Hence the answer is C
Answer:
The remaining balance is
Units Unit Cost Total
1.250 $12 $15.000
3.552 $15 $53.280
Total=$68.280
Explanation:
LIFO Perpetual chart is attached.
It shows purchases, sales and balance of each period. To get the ending inventory cost we have to add the cost of all units in the last balance of the month.
That will be,
Units Unit Cost Total
1.250 $12 $15.000
3.552 $15 $53.280
Answer:
D) $123,000
Explanation:
Total Costs provided, based on activity based costing,
Wages and salaries = $360,000
Depreciation = $100,000
Utilities = $120,000
Other activity cost pool sharing for the above 3 activities
Wages and salaries = 10% = $360,000 
10% = $36,000
Depreciation = 45% = $100,000 45% = $45,000
Utilities = 35% = $120,000 35% = $42,000
Total of other activities = $36,000 + $45,000 + $42,000 = $123,000
Final Answer
D) $123,000
Answer:
$176,400
Explanation:
Step 1 : Cost of Sales calculation
inventory turnover ratio = Cost of sales ÷ average inventory
therefore,
Cost of sales = inventory turnover ratio x average inventory
= $126,000
Step 2 : Sales calculation
we know that :
Sales = Cost + Profit
140 % = 100 % + 40 %
therefore,
Sales = 140% / 100% x $126,000
= $176,400
thus,
net sales for the year is $176,400
Answer:
$987
Explanation:
Calculation to determine the amount to be added to the right-of-use asset and lease liability under the residual value guarantee
First step is to determine the Present value of $1: n= 4, i = 5%
Present value of $1: n= 4, i = 5%
Present value of $1=.8227
Now let calculate the amount to be added to the right-of-use asset and lease liability under the residual value guarantee
Using this formula
Amount added to right-of-use asset and lease liability=(Guaranteed -Actual)*Present value
Let plug in the formula
Amount added to right-of-use asset and lease liability=($39,800-$38,600)*.8227
Amount added to right-of-use asset and lease liability= $1,200*.8227
Amount added to right-of-use asset and lease liability=$987
Therefore the amount to be added to the right-of-use asset and lease liability under the residual value guarantee is $987
