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kari74 [83]
3 years ago
6

A company just starting business made the following four inventory purchases in June: June 1 150 units $2.60 each $ 390 total co

st June 10 200 units 2.925 585 June 15 200 units 3.15 630 June 28 150 units 3.4 510 Cost of Good Available for Sale $2,115 A physical count of merchandise inventory on June 30 reveals that there are 300 units on hand. Using the LIFO inventory method, the value of the ending inventory rounded to a dollar on June 30 is Group of answer choices a.975 b.983 c.1,140 d.829
Business
1 answer:
ELEN [110]3 years ago
7 0

Answer:

d. 829

Explanation:

The computation of the ending inventory using the LIFO method is shown below:            

Since there are 300 units in hand which reflects the ending inventory units so

= 150 units ×$2.60 + 150 units  $2.925

= $390 + $438.75

= $828.75

i.e d. 829

So 150 units is taken from June and the remaining units i.e 150 units are taken from June 10

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The Acme Aircraft Seat Company produces aircraft seats and is able to assemble 2 seats in 30 minutes using four workers. The sin
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Answer:

The single-factor productivity of the firm is 1 seat per labor hour.

Explanation:

The Single-factor productivity means the output when a unit of input is used. It is used to identify how many resources are used to produce a unit output.

The Acme Aircraft produce 1 aircraft seat per labor hour.

The single-factor productivity is calculated by formula :

Output/Input

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Single Factor Productivity =  2 Seats / 4 workers * 0.5 (30/60) hours

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3 years ago
Suppose that on Valentine's Day, the demand for both roses and greeting cards increases by the same percentage amount. However,
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Answer:

The correct answer is: the supply of the greeting cards is less elastic than the one of the roses.

Explanation:

To begin with, the elasticity show how much the price and the quantity are related by indicating the variation that happens to one of them when the other changes. Therefore that the supply of the greeting cards is less sensitive to price because when the quantity demanded increased the price did not change as much as the roses due to the fact that the sellers were not encourage as much as the sellers of the roses to produce more and therefore to increase the price of the cards. So to sum up, when the price changed the sellers were not encourage to increase the production of the cards as much as the production of the roses because of its elasticity.

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2 years ago
According to researchers, the ideal state for learning is feeling:
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br company has a contribution margin of 12%. sales are $629,000, net operating income is $75,480, and average operating assets a
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The correct option to the given question is option 2) 12.0%

Br company's return on investment is 12.0%

The creation of novel ROIs known as "social return on investment," or SROI, has caught the attention of certain investors and companies. SROI was first created in the late 1990s and considers wider effects of projects utilizing extra-financial value (i.e., social and environmental metrics not currently reflected in conventional financial accounts).

SROI aids in comprehending the benefits of specific environmental, social, and governance (ESG) standards utilized in socially responsible investment (SRI) activities.

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Question

br company has a contribution margin of 12%. sales are $629,000, net operating income is $75,480, and average operating assets are $142,000. what is the company's return on investment (roi)?

Options:

  1. 4.4%
  2. 12.0%
  3. 53.2%
  4. 0.2%

To learn more about return on investment click here

brainly.com/question/13166641

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As a politician, you would be more inclined to propose an increase in the minimum wage when you believe that the new minimum wag
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