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maxonik [38]
3 years ago
5

The units of an item available for sale during the year were as follows:

Business
1 answer:
Assoli18 [71]3 years ago
7 0

Answer:

The ending inventory cost using FIFO is $1,880.

Explanation:

FIFO assumes that the first goods received by the business will be the first ones to be delivered to the final customer.

This means that, any remaining inventory will be valued as if they were the latest goods purchased.

<u>Ending inventory cost calculation :</u>

10 units × $58  =   $580

20 units × $65 = $1,300

Total                 = $1,880

Conclusion :

The ending inventory cost using FIFO is $1,880.

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The following data were provided by Rider, Inc, which produces a single product:
Elis [28]

Answer:

The correct option is B, higher than the net operating income under variable costing

Explanation:

In calculating the net operating profit under variable costing, the fixed manufacturing cost of $15,000 is deducted as a whole in arriving at net profit.

However, under absorption costing method, only the goods sold are charged with their own portion of fixed manufacturing cost totaling $15,000

Fixed under    variable costing method=$15,000

fixed cost under absorption costing method=$15,000/5,000*4500=$13500

Since fixed cost is lower under absorption costing method, net profit tends to be higher.

7 0
3 years ago
Hundred thousand million billion trillion quadrillion then what
Crank
Centillions I think is the answer
8 0
3 years ago
Marla Opper currently earns $50,000 a year and is offered a job in another city for $56,000. The city she would move to has 8 pe
Liono4ka [1.6K]

Answer:

a) What amount must Marla earn in the new city to maintain her current buying power?

$54000

If Marla accepts the new job, will her buying power increase?

Yes increase in $2000

Explanation:

Earn Offer

50000 56000

8%  

4000  

54000 56000

           2000

7 0
3 years ago
Operating Cash Flows (Direct Method)
Maksim231197 [3]

Answer:

The method to calculate Cash Flow from Direct Method is explained as follows:

Explanation:

The method to calculate Cash Flow from Direct Method is explained as follows:

Cash Flows

Direct Method

+ Cash received from Customer

- Cash paid to suppliers

- Cash payments for operating expenses

- Cash payments for interest

- Cash payments for taxes

= Net Cash flow from Operating Activities.

5 0
3 years ago
"A(n) ________ is a name, term, sign, symbol, design, or a combination of these, that identifies that maker or seller of a produ
dezoksy [38]

Answer:

Brand

Explanation:

Brand is the marketing strategy that makes the distinct product of the company from the other company dealing in the same type of products.  

It could be name, term, sign, symbol, design, etc so that an individual can make a difference and interpret that this product is of which company.  

Most people are brandholic they purchase the product from their particular brands.  

The motive of the brand is to know the company products either by worth of mouth or by their distinctive features.

7 0
3 years ago
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