Answer:
Cost of goods manufactured during the period was $225,600
Explanation:
The computation of the Cost of goods manufactured is shown below:
Cost of goods manufactured = Cost of goods sold + ending balance of finished goods inventory - beginning balance of finished goods inventory
= $233,000 + $24,200 - $31,600
= $225,600
We simply added the ending balance of finished goods inventory and deducted the beginning balance of finished goods inventory to the Cost of goods sold
The best and most correct answer among the choices provided by your question is the second choice.
Project x should be used i<span>f the company is using the payback period method and it requires a payback of three years or less.</span>
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Well if total they valued at 100000 and you bought 2500 all you would have to do is divide 100000 by 2500 which is about $40 each :)
Answer:
$11,098.94
Explanation:
first we must calculate the future value of the 7 year annuity:
FV of an annuity = p x {[(1 + r)ⁿ - 1] / r}
- p = $13,100
- r = 17.18%
- n = 7
FV of an annuity = $13,100 x {(1.1718⁷ - 1) / 0.1718} = $13,100 x 11.8377 = $155,073.56
since he wants to have $176,000, he needs $20,926.44 more in 7 years (= $176,000 - $155,073.56)
X = FV / (1 + r)ⁿ
- future value =
- n = 4 years
- r = 17.18%
X = $20,926.44 / 1.1718⁴ = $11,098.94
