1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Triss [41]
3 years ago
12

Tamarisk, Inc. has the following inventory data:

Business
1 answer:
disa [49]3 years ago
4 0

Answer:

COGS= $5,910

Explanation:

Giving the following information:

Beginning inventory= 90 units at $19

Purchases 315 units at $20

Purchases 45 units at $22

Ending inventory= 150 units

First, we need to determine the number of units sold:

Units sold= 450 - 150= 300 units

Under the FIFO (first-in, first-out) method, the cost of goods sold is calculated using the cost of the first units incorporated:

COGS= 90*19 + 210*20= $5,910

You might be interested in
Select the correct answer.
KIM [24]

Answer:

B

Explanation:

6 0
3 years ago
Read 2 more answers
Financial choices revolve around three primary decisions: spending, saving, and
slamgirl [31]
Answer: borrowing.

When you have money you have to decide whether you want to spend/invest it or save for future spending. If you save it is because you can earn interests and increase the value of your money.

Yet, you have a third option to consider. You can borrow money. Whether it is better to borrow money to spend today is a financial issue, and the convenience will depend on the cost of that money (the interests that you have to pay to the bank) and the benefits of using it. 
8 0
3 years ago
Read 2 more answers
Usually, the human resources department administers a(n) ____ program to introduce new employees to the organization.
puteri [66]
<span>Usually, the human resources department administers an orientation program to introduce new employees to the organization.</span>
The orientation program focuses on orienting new employees to their workplaces and their jobs and help in the retention of employees<span> but also in the increases in employee productivity. </span>
7 0
4 years ago
Harry Carey Hats had the following department data: Work in process, physical units, April 1 7,000 Completed and transferred out
OLga [1]

Answer:

(A) 74,400

Explanation:

The computation of the equivalent unit is shown below:

= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)

= (72,000 units × 100%) + (8,000 units × 30%)

= $72,000 units + 2,400 units

= $74,400 units

For computing the equivalent units,we have to consider both the units which are mentioned in the question.

8 0
3 years ago
You write one MBI July 139 call contract (equaling 100 shares) for a premium of $17. You hold the option until the expiration da
Bogdan [553]

Answer:

$600 loss

Explanation:

A call option is defined as a contract that exists between ba buyer and seller of a call option to exchange securities held at a particular price within a specific period.

To calculate the profit realised on the investment

Profit from call option= (150- 139) * 100

Profit from call option= $1,100

Profit from premium= 17 * 100

Profit from premium= $1,700

Profit on investment= Profit from call option - Profit from premium

Profit on investment = 1,100 - 1,700 = -$600

So there is a loss of $600

4 0
3 years ago
Read 2 more answers
Other questions:
  • A smart card looks like a credit card but it has a(n) ________ built into it
    11·1 answer
  • Accounting profits are typically
    13·1 answer
  • Although the "Great Recession" that began in late 2007 ended officially in the summer of 2009, the U.S. economy had staged only
    15·1 answer
  • Using the information below for Singing Dolls, Inc., determine cost of goods manufactured for the year: Work in Process, January
    8·1 answer
  • Things were great at Elm Street bank. The bank had installed hidden cameras, a fancy alarm system, and bars on entrance and exit
    8·1 answer
  • The American Civil Liberties Union was heavily funded by the Republican Party and Wall Street businessmen in the hopes of promot
    10·1 answer
  • The idea of insurance a. is to share risk. b. would not appeal to a risk-averse person. c. is, other things the same, to reduce
    6·1 answer
  • In 2020, Miranda records net earnings from self-employment of $158,500. She has no other gross income. Determine the amount of M
    13·1 answer
  • At a growth (interest) rate of 13 percent annually, how long will it take for a sum to double? To triple?
    15·1 answer
  • Japan and other market-based economies enjoy economic growth, but also face greater risks due to:.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!