Answer:
Instructios are listed below
Explanation:
Giving the following information:
Assume Pinkie started the year with 100 containers of ink (average cost of $ 9.10 each, FIFO cost of $ 8.60 each, LIFO cost of $ 8.00 each).
During the year, the company purchased 800 containers of ink at $10.00 and sold 600 units for $21.75 each. Pinkie paid operating expenses throughout the year, a total of $ 5,000.
FIFO:
Sales= 600*21.75= 13,050
COGS= (100*8.60 + 500*10)= 5860
Gross profit= 7190
Operating expense= 5000
Net operating profit= $2,190
LIFO:
Sales= 13,050
COGS= (600*10)= 6000
Gross profit= 7,050
Operating expense= 5000
Net operating profit= $2,050
Average-cost
Sales= 13,050
COGS= [(9.10+10)/2]*600= 5730
Gross profit= 7,320
Operating expense= 5000
Net operating profit= $2,320
Answer:
The answer is: Uniform Standards of Professional Appraisal Practice (USPAP)
Explanation:
The USPAP represents the ethical and performance standards that real estate professionals must follow when they provide appraisals. It is updated every two years and real estate professionals that want to become real property appraisers must take and pass the national USPAP course, and every two years they must take the update course.
The correct answer is
A. Football Field
The reason for this is because the football field is the place where she was abducted. Although other crimes were committed the beginning of the crime starts with her abduction.
Answer:
Cam residual income 2,174,000
Phone residual loss 617,000
Explanation:
The residual income is the difference between the required return on asset and the net income.
<u>First step</u> is to calcualte the required return on the asset
we multiply each division assets by 12%
<u>then,</u> we compare with the net income to get the residual income.
![\left[\begin{array}{ccc}&$Cam&$Phone\\$Assets&24,800,000&13,800,000\\$required return&2,976,000&1,656,000\\$net income&5,150,000&1,000,000\\$residual income&2,174,000&-656,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D%26%24Cam%26%24Phone%5C%5C%24Assets%2624%2C800%2C000%2613%2C800%2C000%5C%5C%24required%20return%262%2C976%2C000%261%2C656%2C000%5C%5C%24net%20income%265%2C150%2C000%261%2C000%2C000%5C%5C%24residual%20income%262%2C174%2C000%26-656%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Answer:
Net Operating income of the company is $88,000.
Explanation:
Segmented Income Statement
Consumer Commercial Total
Sales revenue 390000 530000 920000
Less: Variable cost 179000 265000 444000
Contribution margin 211000 265000 476000
Less: Traceable fixed cost 59000 64000 123000
Segment margin 152000 201000 353000
Less: Common Fixed cost 265000
Net Operating income 88000
