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gayaneshka [121]
2 years ago
15

Schickel Inc. regularly uses material B39U and currently has in stock 460 liters of the material for which it paid $3,128 severa

l weeks ago. If this were to be sold as is on the open market as surplus material, it would fetch $5.95 per liter. New stocks of the material can be purchased on the open market for $6.45 per liter, but it must be purchased in lots of 1,000 liters. You have been asked to determine the relevant cost of 760 liters of the material to be used in a job for a customer. The relevant cost of the 760 liters of material B39U is: A. $4,522 B. $4,672 C. $6,450 D. $4,902
Business
1 answer:
stira [4]2 years ago
6 0

Answer:

D. $4,902

Explanation:

Schickel Inc.

RELEVANT COST can be defined as the cost that are often said to be incurred only when making specific and important business decisions because this relevant cost is used to determine whether to sell or keep a business which is why relevant cost concept is useful for eliminating some information from a particular decision-making process.

Relevant cost=

New stocks of the material purchased for $6.45 per liter.

Relevant cost of 760 liters of the material to be used.

Hence;

= $6.45 per liter ×760 liters = $4,902

Therefore the relevant cost of the 760 liters of material B39U is $4,902

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Being free of germs.

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3 years ago
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In the late nineteenth century, what helped narrow the gradations of freedom amongst white Americans? a. Indentured servitude ha
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In the late nineteenth century, Judith Sergeant Murray wrote about women’s intellect being equal- this helped narrow the gradations of freedom amongst white Americans.

Option: B

Explanation:

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Gender discrimination, women's right, feminism was the core area of writing in Judith Sergeant Murray's work. He compared women's ability with man's, their imagination, decision making capacity, judgemental motives etc.

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3 years ago
When an interest-bearing note is dishonored at maturity and ultimate collection is expected, the entry for the dishonoring, assu
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Answer:

The correct answer is C. a credit to Notes Receivable and Interest Revenue.

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3 years ago
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Uptown Men's Wear has accounts payable of $2214, inventory of $7950, cash if $1263, fixed assets of $8400, accounts receivable o
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Answer:

Net working capital to fixed assets = 0.50678 rounded off to 0.51

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Total assets = (7950 + 1263 + 3907)  +  8400

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So they do not get scammed and loose all of their money
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