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2 years ago

Bauer Supply had total cost of goods sold of $1,400 with 140 units available for sales. What was the average cost per unit?

Business

2 answers:

pashok25 [27]2 years ago

8 0

$10

Average cost per unit is $1,400/140 = $10

siniylev [52]2 years ago

8 0

Answer:

Average cost per unit = $10

Explanation:

Bauer supply had total cost of goods sold of $1400 with 140 units available for sales. This simply means the worth/cost of goods available for sale is $1400 and the number of goods available for sale is 140 units.

The average cost per unit simply implies the cost of each unit as related to the total worth/cost($1400) and the number of units available.

Mathematically,

Average cost = Total cost/number of unit available

Average cost = 1400/140

Average cost = $10

The average cost per unit is $10

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Problem 9-7B Calculate the issue price of a bond and prepare amortization schedules (LO9-5, 9-7) [The following information appl

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Answer:

Answer is given below.

Explanation:

Solution 1:

Chart Values are based on:

n= (15 Years*2) 30 Half years

i= (7%/2) 3.50% Semi annual

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01-Jan-21 $7,90,000

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31-Dec-21 $27,650 $27,650 $0 $7,90,000

Solution 2:

Chart Values are based on:

n= (15 Years*2) 30 Half years

i= (8%/2) 4.00% Semi annual

Cash Flow Table Value * Amount = Present Value

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Bond Amortization Schedule

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01-Jan-21 $7,21,696

30-Jun-21 $27,650 $28,868 $1,218 $7,22,914

31-Dec-21 $27,650 $28,917 $1,267 $7,24,181

Solution 3:

Chart Values are based on:

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i= (6%/2) 3.00% Semi annual

Cash Flow Table Value * Amount = Present Value

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Date Cash interest Interest Expense Change in Carrying Value Carrying value

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