Answer:
<u>$8,768</u>
Explanation:
<em>Sales for June will be</em> = $700 x 400 + $700 x 400 x 0.03 =
=280000 + 8400 = $288400
<em>Projected selling expense</em> = $3000 + $288400 * 0.02 = $3000 + $5768
= <em><u>$8768</u></em>
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Answer:
b $18.50
Explanation:
We have to divide the Procurement cost pool over the total number of order which is the cost driver of this activity.
<em><u>Cost pool:</u></em> 370,000
Disk drives purchase orders: 4,000
Tape drivers purchase orders: 4,000
Wire drivers purchase drives: <u> 12,000 </u>
<em> Total purchase order 20,000</em>
Now, we know the variables values so we can calculate the rate:
$370,000 cost pool/ 20,000 purchase order = $ 18.5
Answer:
D. Supply decreased
Explanation:
When Supply of a product decreases the equilibrium price increases because at that point, demand of that commodity becomes more than the available quantity of the commodity. Also, a fall in the equilibrium quantity of a commodity in this case banana indicates that the supplier has reduced the amount of goods supplied at that particular point in time (supply decreased). It causes a relative scarcity of that product mostly when the demand for such commodity increases or maintain previous demand equilibrium numbers.
Answer:
a. $737.
Explanation:
The computation of the ending inventory using weighted average cost is shown below:
But before that first determine the average cost per unit
= (Beginning cost + purchase cost) ÷ (Beginning units + purchased units)
= (550 × $2.33 + 310 × $2.68) ÷ (550 units + 310 units)
= ($1,281.5 + $830.8) ÷ (860 units)
= $2.46
Now the ending inventory is
= (860 units - 560 units) × $2.46
= $737
