1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
George works in the accounting department at the Green Goddess Lawn Services, where it is his job to record all transactions int
Sedbober [7]

Answer:

The correct answer is post the information to the ledger.

Explanation:

In accounting, the general ledger is a document where all the transactions of corporations are recorded in chronological order. Each account must have a different book, which must be affected each time the accounts are involved in this process. These records make it possible to know the movements in a more detailed way, since unlike the journal in this case, only a single group of accounts is known and not the whole.

7 0
3 years ago
The upward-sloping portion of the long-run average cost curve is a result of:.
iogann1982 [59]

Answer:

average cost is increasing

Explanation:

7 0
2 years ago
Consider two perfectly negatively correlated risky securities A and B. A has an expected rate of return of 10% and a standard de
Studentka2010 [4]
I’m sorry for making it happen again but it’s not like that
7 0
3 years ago
the results of a search to find the least expensive round-trip flights to atlanta and salt lake city from 14 major u.s. cities a
sasho [114]
Hiiiiiiiiiiiiiiiiiiiiiiiii
8 0
3 years ago
The management of Firebolt Industries Inc. manufactures gasolineand diesel engines through two production departments, Fabricati
GalinKa [24]

Solution:

Single factory overhead amount: the amount at which plant overheads or processing overheads are assigned to goods is referred to as single plant overhead rate.

Formula to measure a single plant-wide overhead rate:

Single plant-wide overhead rate :

\frac{Total budgeted factory overhead}{ Total budgeted plant-wide allocation base}  

Different development team overhead rate: this distribution system describes the various divisions engaged in the manufacturing cycle. Factory overheads are assigned to goods on the basis of the overhead cost for each of the manufacturing units.

Formula for calculating various output department overhead:

Multiple production department overhead rate:

\frac{ Budgeted department factory overhead}{ Budgeted department factory overhead}

For calculate: single plant-wide overhead rate use direct working hours (DLH) as the allocation basis, and measure factory overhead.

Using DLH as the allocation basis to measure a single plant-wide overhead limit.

Single plant-wide overhead rate :  \frac{Total budgeted factory overhead}{ Total budgeted plant-wide allocation base}

                                                     = \frac{80,000}{10,000 DLH}

For calculate: single plant-wide overhead rate use direct working hours (DLH) as the allocation basis, and measure factory overhead.

Using DLH as the allocation basis to measure a single plant-wide overhead limit.

4 0
3 years ago
Other questions:
  • A process by which a government agency authorizes individuals to work in a given occupation after the person has completed an ap
    15·1 answer
  • Power Plate Inc., a consumer electronics manufacturer, introduced a new solar cooker in the market. The team responsible for the
    5·1 answer
  • To fight the ongoing inflation the central bank reduces the supply of money by 30%. the long-run effect of this policy on the re
    15·1 answer
  • Government policies that heavily tax some activities while subsidizing others and that fix or control interest rates will result
    15·1 answer
  • Dante’s employer pays for insurance for doctor visits and hospital visits. However, Dante has to pay for his own prescriptions.
    13·1 answer
  • The action that allows citizens in some states to call for the removal of a state official over issues of wrongdoing or miscondu
    7·2 answers
  • What is the primary task of the Federal Reserve​
    9·2 answers
  • In the past, jaleel's vacation time has been spent at home catching a few local attractions when she could afford them. this yea
    5·1 answer
  • Buget Constraint. Suppose that Russ has budgeted $20 a month to by candy bars, music downloads, or some combination of both. If
    7·1 answer
  • Drag the tiles to the correct boxes to complete the pairs.
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!