Answer:
LIFO ending inventory $ 544.00
Weighted average: $ 565.44
FIFO ending invetory: $ 590.00
Explanation:
weighted-average:
1,449 / 41 = 35,34
Ending Inventory
16 x 35.34
LIFo we pick the first 16 units as the latest were sold:
8 units at $ 33 = $ 264
8 units at $ 35 = $ 280
Total ending inventory $ 544
FIFo we pick the last as the first one are the first being sold
15 units at 37 = 555
1 unit at 35 = 35
total ending 590
Answer:
The answer is the D
Explanation:
Because despite the fact that a research work has the correct interpretation of the information, the correct statistical analysis, understandable sea in a global vision and performing the correct emphasis on the statistics, all these well done works will be underestimated and lose importance if the Information has no direct and applicable relationship with the object of study. IT IS IRRELEVANT INFORMATION FOR THE RECEIVER because this information does not need it at this time
Answer:
$7,700
Explanation:
There are two basis of accounting. These are the cash and accrual basis. In the cash basis of accounting, expenses are full recognized only when cash has been paid.
Hence unlike in the accrual basis where the payment or non payment results in the recognition of the expense once it has been incurred (and a corresponding asset or liability in form of prepayments and accrued expense), expenses under the cash basis of account would always result in a debit to expense and a credit to cash.
As such, if On January 1, the law firm paid $ 7 comma 700 for seven months of advertising, this will be recognized as the expense for the two months ending February 28 under the cash basis.
Answer:
Explanation:Part 1). Answer :- Sales of Ford Mustangs will decrease by 15 % (1.5 * 10 %).
Explanation :- Camaro and Ford Mustangs are substitute goods because the cross-price elasticity between Ford Mustangs and Camaro is in positive. Accordingly, with the decrease in price of camaro, the quantity sold of Ford Mustangs will also decrease.
Part 2). Answer :- Quantity of Ford Mustangs will decrease by 16 % (0.80 * 20 %).
Explanation :- Gasoline and Ford Mustangs are complementary goods because the cross-price elasticity between Ford Mustangs and Camaro is in negative. Accordingly, with the increase in price of gasoline, the quantity sold of Ford Mustangs will decrease.
Part 3). Answer :- Quantity of Ford Mustangs will increase by 15 % (3 * 5 %).
Explanation :- With the increase in income of consumer, the demand for normal good also increase. Accordingly, with the increase in consumer's income, quantity demanded of Ford Mustangs will also increase.
Answer:
b. The goals of the politician and the goals of the job seekers would not be aligned, since unemployed individuals would have a stronger incentive to remain unemployed
Explanation:
Unemployed people would have the incentive to seek employment so as to meet basic needs. But if the politician is already meeting that need, there would be no incentive for the unemployed to seek employment. So, the goal of the politician and job seekers aren't aligned.