Using the LIFO costing method, the cost that would be assumed to be sold first is $14.
<h3>What is the LIFO costing method?</h3>
The LIFO costing method is the inventory costing method that assumes that units sold first are from those that are newly purchased.
The LIFO (Last-in, First-out) method is different from the FIFO method which assumes that units sold first are those that are purchased at the beginning.
Thus, using the LIFO costing method, the cost that would be assumed to be sold first is $14.
Learn more about the LIFO costing method at brainly.com/question/24938626
Answer and Explanation:
The computation of the predetermined overhead rate in the following cases are shown below:
As we know that
Predetermined overhead rate = Estimated overhead ÷ activity level
1.
= $203,000 ÷ 58,000
= $3.50 per direct labor hour
2.
= $203,000 ÷ $1,015,000
= $0.20 per direct labor dollar
3.
= $203,000 ÷ 14,500
= $14.00 per machine hour
Answer: Human capital
Explanation:
Human capital is the stock of knowledge, habits, personality and social attributes that are embodied in an individual in order to perform better and help in the achievement of organization goals.
Human capital is unique and different from any other capital. Human capital is needed for firms to achieve goals, grow and remain innovative. Human capital include higher education, health, technical or on-the-job training.
Answer:
a. Structures deficit decreased from $4.5 billion to a surplus of $2 billion, therefore the amount of fiscal restraint that occured between 1931 and 1933 is $6.5 billion.
b. Using the formula
Change in aggregate demand = 1/1- mpc x change in fiscal restraint
= 1/1-0.8×(-6.5)
= 1/0.2x(-6.5)
= 5x-6.5
= -$32.5 billion
Answer:
The value of X is A. 6.53 percent.
The value of Y is B. 10.83 percent
Explanation:
Note: See the full question as attached as picture below
Spot 1 Year Spot 2 Year Forward 1 Year (1-year maturity)
Treasury 3.0% 4..75% x
BBB Corporate Debt 7.5% 9.15% y
The formula to calculate the forward rate is: F1.1 = [(1+S2)² / (1+S1)] - 1
For treasury
F1.1 = [(1+4.75%)² / (1+3.0%)] - 1
F1.1 = 1.09725625 / 1.03 - 1
F1.1 = 6.53%
For BBB Corporate Debt
F1.1 = [(1+9.15%)² / (1+7.5%)] - 1
F1.1 = 1.19137225 / 1.075 - 1
F1.1 = 10.83%