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alina1380 [7]
4 years ago
12

Davidson Electronics has the following: Units Unit Cost Inventory, Jan. 1 5,000 $ 8 Purchase, April 2 15,000 10 Purchase, Aug. 2

8 20,000 12 If Davidson has 7,000 units on hand at December 31, how much is ending inventory under FIFO in a periodic inventory system?
Business
1 answer:
Alina [70]4 years ago
7 0

Answer:

$84,000

Explanation:

The computation of the ending inventory using the FIFO method under the periodic inventory system is shown below:

Since 7,000 units are on hand which represents the 7,000 units are taken from the August 28 date for $12 each i.e

= 7,000 units × $12

= $84,000

By dividing the 7,000 units at $12 each we can get the ending inventory

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NemiM [27]

Answer:

Variance = 0.02141851

Explanation:

We first calculate the mean for the stocks

Mean = (0.1858 - 0.0558 + 0.2081) / 3

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Variance = [(0.1858 - 0.1127)^2 + (- 0.0558 - 0.1127)^2 + (0.2081 - 0.1127)^2] / 3 -1

Variance = [0.0731^2 + (-0.1685^2) + 0.0954^2] / 2

Variance = 0.00534361 + 0.02839225 + 0.00910116 / 2

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7 0
3 years ago
What is the difference between the short run and the long​ run?
Inessa05 [86]

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This happens due to the fact that in the short run if the company goes for changing the level of inputs than the opportunity that were availing in that time period will be gone by then leading to losses as the total time frame is very less in short run.

On the other hand, firms tends to have greater life in the market and keeps developing themselves with the changing forces of market.

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4 years ago
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serg [7]

Answer:

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OverLord2011 [107]

Answer:

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