Answer:
ending inventory before adjustment: 12,875
Explanation:
The ending inventory before adjustment will be at cost.
The company at year-end will adjust for the difference the cost and the lower-or-cost rule:
COST NRV
Shirts 30 units $ 55 $ 65
MegaDriver 10 units $ 310 $ 225
MegaDriver II 25 units $ 325 $ 370
<em><u>Inventory before adjustment:</u></em>
30 *25 + 10 * 310 + 25*325 =
1650 + 3100 + 8125 = 12,875
Answer:
The payback period for this project is 2.43 years.
Explanation:
Elmer Sporting Goods is getting ready to produce a new line of golf clubs by investing $1.85 million.
The investment will result in additional cash flows of $525,000, $812,500, and 1,200,000 over the next three years.
The payback period is the time it takes to cover the investment to be covered by returns.
The investment cost remaining in the first year
= $1,850,000 - $525,000
= $1,325,000
The investment cost remaining in the second year
= $1,325,000 - $812,500
= $512,500
The third year payback
= 
= 0.427
The total payback period
= 2.43 years
Answer:
b. conscientiousness
Explanation: hope it rite
Answer:
equivalent unit of production for period in conversion cost is 42000 EU
Explanation:
Given data
during period P = 35000 units
ending work W = 14000 units
complete C% = 50%
to find out
equivalent units of production
solution
we know that 35000 units work is complete and transferred during period and
50% complete with ending work 14000 units
so that
Equivalence unit production is W x C% + P
= 14000 x 50% + 35000 = 42000
so equivalent unit of production for period in conversion cost is 42000 EU
Answer:
Deducting all company expenses from its total revenue