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Romashka-Z-Leto [24]
3 years ago
5

attan Company reports beginning inventory of 16 units at $35 each. Every week for four weeks it purchases an additional 16 units

at respective costs of $36, $37, $40, and $45 per unit for weeks 1 through 4. Compute the cost of goods available for sale and the units available for sale for this four-week period. Assume that no sales occur during those four weeks.
Business
1 answer:
Marat540 [252]3 years ago
4 0

Answer:

Part 1  The cost of goods available for sale $3,088

Part 2 The units available for sale 80 units

Explanation:

<em>Part 1  The cost of goods available for sale</em>

Cost of goods available for sale = Opening Inventory + Purchase of Further Inventory

Calculation of Cost of goods Available for Sale :

Opening Inventory: 16 units ×$35      560

Add Purchases:

Week 1: 16 units ×$36                          576

Week 2: 16 units ×$37                         592

Week 3: 16 units ×$40                         640

Week 4: 16 units ×$45                         720

Cost of goods Available for Sale      3,088

<em>Part 2 The units available for sale</em>

Units available for sale = Opening Units + Purchase of Further Units

Opening units: 16 units

Add Purchases:

Week 1: 16 units

Week 2: 16 units

Week 3: 16 units

Week 4: 16 units

Units  Available for Sale: 80 units

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A. Identify a profession b. In not more than 60 words, describe the "art" and "science" of such profession in (a).
zheka24 [161]

Answer:

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Explanation:

The science of it is related to the psychology of what makes people laugh.

If studied, one would realize that there are certain things that are bound to make people laugh (all things being equal). An example is when a person makes fun of themself to an audience.

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A plausible explanation (which is more recent in the parlance of psychology) is that people also laugh when certain expectations are defied in a very witty manner.

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6 0
3 years ago
A 2-year bond with par value $1,000 making annual coupon payments of $106 is priced at $1,000. a. What is the yield to maturity
shutvik [7]

Answer:

Explanation:

Face value = 1000

market price = 1000

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yield to maturity = (106/1000) x 100

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3 0
3 years ago
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Rom4ik [11]

Answer:

January Overheads are <u>under-applied</u> by $2,000.

Explanation:

When,

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Actual overheads < Applied overheads we say overheads are over-applied.

Where,

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Therefore,

Applied overheads (January) = 120% × $40,000

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