Answer:
$2,338
Explanation:
For computing the ending inventory, first we have to determine the average cost per unit, then ending inventory units which are shown below:
= (Beginning inventory units × price per unit + first purchase inventory units × price per unit + second purchase inventory units × price per unit + third purchase inventory units × price per unit) ÷ (Beginning inventory units + one purchase inventory units + second purchase inventory units + third purchase inventory units)
= (11 units × $51 + 15 units × $53 + 21 units × $55 + 17 units × $57) ÷ (11 units + 15 units + 21 units + 17 units)
= ($561 + $795 + $1,155 + $969 ) ÷ (64 units)
= ($3,480) ÷ (64 units)
= $54.375 per unit
Now the ending inventory units would be
= Available units for sale - sale units
= 64 units - 21 units
= 43 units
Now the ending inventory would be
= Ending inventory units × average cost per unit
= 43 units × $54.375 per unit
= $2,338
The answer is watch the movie
Answer:
$ 4242.76
Explanation:
Annual payment = rP / (1 - ( 1 + r)^-n)
r = rate = 9.5%
P = the amount borrowed = $ 21000
n = number of years
Annual payment = 0.095 ($ 21 000) / ( 1 - (1 + 0.095)⁻⁷ ) = $ 4242.76
Answer:
Increase, increase
Explanation:
The correct answers to the blanks are;
First blank : Increase
Second blank : Increase
The Solow Growth Model is a model used in economics to measure the development in economy considering the changes in the level of output over time as a consequence of changes in the population. It also takes account the investment in economy and then the depreciation involved
This model was presented by Robert Solow an Amercian economist
