Answer:
Option (a) is correct.
Explanation:
For February,
Opening inventory would have been:
= 25% of February
= (25% × $89,000)
= $22,250
Ending inventory would have been:
= 25% of March
= (25% × $59,000)
= $14,750
Hence,
Cost of goods sold = Opening inventory + Purchases - Ending inventory
$89,000 = $22,250 + Purchases - $14,750
Purchases = $89,000 + $14,750 - $22,250
= $81,500
Therefore, the budgeted purchases of inventory in February Year 2 would be $81,500.
Answer:
A) cost
Explanation:
In economics, the cost of production is defined as the expenditures incurred to obtain the factors of production.
Answer:
the amount of money that has to be paid to acquire a given product.
<em>I hope this helps! ^^</em>
Over 90 percent of the pedestrian fatalities occurred in single- vehicle crashes. In 2009, pedestrian deaths accounted for 12 percent of all traffic fatalities in motor vehicle traffic crashes. Since 2000, the number of pedestrian fatalities has decreased by 14 percent.
<span>Marginal Cost of Capital may involve less calculation than WACC, however marginal cost may be calculated by incorporating tax rates, overhead, insurance or any other cost associated with acquiring the particular capital.</span>
