Answer:
The profit margin here is $3
Explanation:
The profit margin is calculated by
Profit Margin = Sales - Cost of Sales
And
Cost of sales includes all the labour costs, cost of the inventory that has been sold, overhead cost absorbed in the inventory, depreciation etc.
So here we have cost of sales per unit of $5 per unit and selling price of per unit is $8.
By putting values we have:
Profit Margin = $8 per unit - $5 per unit = $3 per unit
Answer:
The dual labor market is related to a theory which is divided into two parts: Primary sector/ market and Secondary sector/market.
Explanation:
The dual labor market hypothesis is divided into two sectors: Primary market and secondary market.
The primary market consists of various jobs that focus on offering a good working environment, stability in job, various opportunities, and high wages.
The secondary market consists of a poor working environment, low changes of advancement, high labor turnover, and low wages.
Answer:
$248
Explanation:
The LIFO inventory method implies that the inventory that was purchased last would be the first to be sold.
Here, we would compute the inventory units as seen below;
= 5 units + 9 units + 5 units - 8 units
= 11 units
Now, the value of inventory is;
= 5 units × $16 + 6 units × $28
= $80 + $168
= $248.
The 6 units come from
= 11 units - 5 units
= 6 units.
Therefore, the value of inventory is $248.
Answer:
what about it lol there's no question
