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Zolol [24]
4 years ago
12

In its first month of operations, Sunland Company made three purchases of merchandise in the following sequence: (1) 200 units a

t $7, (2) 540 units at $8, and (3) 125 units at $9. Calculate the weighted-average unit cost.
Business
1 answer:
egoroff_w [7]4 years ago
8 0

Answer:

$7.91

Explanation:

The weighted-average unit cost uses the weighted concept to determine the costs of goods sold or inventory costs. Its formula is a is below

weighted -average costs =  <u>costs of goods available for  sale</u>

      units available for sale

For Sunland company,

Total costs of goods available =(200 x $7) +(540 x $8) + (125 x$9)

=1400 + 4320+1125= 6845

Total units available for sale= $200 + $540 +$125 =$865

WAC = 8645/865

=$7.91

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Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows: Current Year Previous Year Sales $4,00
Ierofanga [76]

Answer:

See explanation section

Explanation:

See the image below

8 0
3 years ago
MV Corporation has debt with market value of ​million, common equity with a book value of ​million, and preferred stock worth mi
kirza4 [7]

Answer:

The Weighted Average cost of capital measures the cost to the company of its current capital structure by using the weights of the various capital measures. WACC usually uses market values so;

Total amount = Debt + Preferred stock + common equity

= 100 million + 20 million + ( 50 * 6 million)

= $420 million

<u>Proportions.</u>

Debt

= 100/420

= 24%

Preferred Stock<u> </u>

= 20/420

= 5%

Common Equity

= 300/420

= 71%

6 0
3 years ago
How and why do economic actors analyze opportunity costs to determine which goods or services they should specialize in?
vovikov84 [41]

A model used to illustrate the trade-offs related to splitting resources between the production of two items is called the Production Possibilities Curve (PPC).

<h3>How do economic actors calculate costs to specialize products?</h3>

The PPC is a useful tool for demonstrating the ideas of scarcity, opportunity cost, efficiency, and economic development and contraction.

Exchange possibilities that lead to consumption opportunities outside of the PPC are the consequence of production specialization based on comparative advantage rather than an absolute advantage.

In contrast to what would have been achievable domestically, trade between two agents or countries enables the countries to enjoy a higher overall output and level of consumption.

<h3 />

PPCs can be used to decide who should specialize in a certain good as well as opportunity costs and comparative advantages.

A nation or individual will be able to consume at a point beyond its PPC through specialization and commerce, assuming the terms of trade are advantageous (for example, offering each agent a cheaper opportunity cost than could be accomplished without trade).

Check out the link below to learn more about opportunity costs;

brainly.com/question/17410093

#SPJ1

3 0
2 years ago
Livingston Co. uses process costing to account for the production of elastic bands. Direct materials are added at the beginning
madam [21]

Answer:

The total cost per unit using the weighted average method would be:

$15,97  

Explanation:

                Materials   Conversion Costs  

Begining  $ 14,000         $ 8,000  

APRIL          $ 72,000        $ 80,000  

TOTAL          $ 86,000 $ 88,000  

Units               8,000   8,000  

                       100% 50%  

WIP                4,000   2,000  

TOTAL              12,000   10,000  

USD/Unit          7,17              8,80   $15,97  

3 0
3 years ago
Local governments receive most of their money from what two kinds of taxes?
professor190 [17]
The local government receive most of their money from Real Estate Property Tax and Personal Property Tax.

Real Estate Property are properties that are immovable. This includes land, building, and all improvements (fixtures) that cannot be removed without damage to the property.

Real Estate Property Tax is levied on homes, farms, business properties, and most other real property.

Personal Property are properties that are movable. Examples are vehicles (cars, van, SUV)


4 0
3 years ago
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