Answer:
The amount allocated to ending inventory is $ 11,520
Explanation:
Using LIFO basis of inventory valuation implies that the items received last are sold first,in other words, sales of 160 units comes from the purchases of 240 units made on July 5,that leaves 80 units of the purchase in closing inventory.
However,the sale of 140 units on 30 July is taken from purchases of 120 units on July 21 as well as purchases of July 5.
The amount allocated to ending inventory is computed below:
July 5 60 units at $112 $6,720
opening inventory 40 units at $120 $4,800
Value of closing inventory $11,520
If Julieta and Eric deposit $845.59 per month for 12 years, they will accumulate $190,000.
Explanation:
N (# of periods) = 144 (12 years x 12 months)
I/Y (Interest per year) = 7%
PV (Present Value) = $0
FV (Future Value) = $190,000
<u>Results</u>:
Monthly Deposit = $845.59
Sum of all periodic payments = $121,765.07
Total Interest = $68,234.93
Thus, the monthly deposit is $845.59.
Learn more: brainly.com/question/15066508
Answer:
$370,440
Explanation:
The computation of the working capital is as follows:
As we know that
Working capital = Current asset - current liabilities
where,
Current Assets is
= Total current assets - purchase of an equipment - salaries - borrowed amount
= $658,000 - $2,000 - $560 + $80,000
= $735,440
And, Current Liabilities is $365,000
So, the working capital is
= $735,440 - $365,000
= $370,440
Answer: ARM
Explanation:
ARM is one of the type of processor that extensively use in the various types of electronic devices by the users for example tablets, mobiles and the multimedia devices.
The main advantages of the ARM is that it basically required less transistors and less instruction set that makes it most popular electronic device.
According to the given question, the ARM is one of the chip based designs that is specifically used in the desktops and the laptops in the form of chip. Therefore, ARM is the correct answer.
<span> Manufacturing overhead describes the difference between manufacturing overhead cost applied to work in process and manufacturing overhead cost actually incurred during a period.</span>
Over-applied manufacturing overhead would result if the manufacturing overhead cost applied to work in process is more than the manufacturing overhead cost actually incurred during a period. So, in over-applied overhead the applied overhead is bigger than the actual overhead.