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
artcher [175]
3 years ago
13

The table below shows some hypothetical data on the costs associated with the use of a liter of gasoline in a European country.

Business
1 answer:
harina [27]3 years ago
7 0

Answer:

The private cost for an individual of a liter of gasoline in Europe is 4.75

Explanation:

Private cost is a supplier's or producer's cost of providing goods and services without any external cost.

Private cost = 0.50 + 1 + 0.75 + 2.50

                    = 4.75

Therefore, The private cost for an individual of a liter of gasoline in Europe is 4.75

You might be interested in
Metlock Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. 1/1 - Beginn
bixtya [17]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

1/1 - Beginning Inventory (Quantity 1,000 - Price/Cost = $12)

2/4 - Purchase (Quantity 2,000 - Price/Cost = $18)

2/20 - Sale (Quantity 2,500 - Price/Cost = $30)

4/2 - Purchase (Quantity 3,000 - Price/Cost = $23)

11/4 - Sale (Quantity 2,200 - Price/Cost = $33)

Units sold= 4,700

1) Periodic - FIFO

COGS= 1,000*12 + 2,000*18 + 1,700*23= 87,100

2) Perpetual - FIFO

COGS= 1000*12 + 1500*18 + 500*18 + 1,700*23= $87,100

3) Periodic - LIFO

COGS= 3,000*23 + 1,700*18= $99,600

4) Perpetual - LIFO

COGS= 2,000*18 + 500*12 + 2,200*23= $92,600

5) Periodic - weighted

Average price= (12 + 18 + 23)/3= 17.67

COGS= 4,700*17.67= $83,049

6) Perpetual - weighted

COGS= 15* 2,500 + 17.67*2,200= $76,374

3 0
3 years ago
PLEASE HELP!!!
Marta_Voda [28]

Answer:

Expenses

Explanation:

4 0
3 years ago
The​ domino's leadership team determined that while it was a great delivery​ company, the poor taste of their pizza was an imped
rewona [7]
The stage of the marketing research process that this realization correspond to is the INTERPRETING THE FINDING.
The interpreting the finding stage is the stage of the market research process in which the results obtained from the market research is examined and analysed and appropriate conclusions are drawn from it.
6 0
3 years ago
Andrews Company manufactures a line of office chairs. Each chair takes $12 of direct materials and uses 1.9 direct labor hours a
Andrej [43]

Answer and Explanation:

The preparation of the cost of goods sold budget is presented below:

Direct material ($12 × 20,000 chairs) $240,000

Direct labor ($16 × 1.9 × 20,000 chairs) $608,000

Variable overhead rate ($1.20 × 1.9 × 20,000 chairs) $45,600

Fixed overhead rate ($1.30 × 1.9 × 20,000 chairs) $49,400

Cost of goods manufactured $943,000

Add: opening inventory $0

Less: ending inventory (610 chairs × ($12 + ($16 × 1.9) + ($1.20 × 1.9) + ($1.30 × 1.9) -$41,278.70

Cost of goods sold $901,721.3

5 0
3 years ago
You have $100 in your lunch account and plan to spend $2.75 each school day. how many school days will it take to spend all of t
zloy xaker [14]
Divide $100/2.75= about 36 days as $2.75* x 36=$99
3 0
4 years ago
Other questions:
  • Greger Peterson is a senior manager at a public accounting firm making a base salary of $180,000 a year ($15,000 per month). Emp
    10·1 answer
  • If you believe in the ________ form of the EMH, you believe that stock prices reflect all relevant information, including histor
    15·1 answer
  • Which phase describes the income effect
    6·1 answer
  • Five years ago, Alicia invested $10,000 at 5% interest. How much less money would she have today if she had invested the money a
    11·1 answer
  • Island Trading Co., a client of your CPA firm, has requested your advice on the following problem. It has three clerical employe
    8·1 answer
  • Richard’s annual college expenses are expected to total $17,745. He will receive $5,320 in grants. How much will Richard need to
    10·2 answers
  • 13
    11·1 answer
  • 2. A series of five constant dollar (or real-dollar) payments, beginning with $6,000 at the end of the first year, are increasin
    6·1 answer
  • Jayden, a calendar year taxpayer, paid $16,000 in medical expenses and sustained a $20,000 casualty loss in 2019 (the loss occur
    12·1 answer
  • The economy is in equilibrium when Real GDP is . At this point, the economy is also in . Which of the following did Keynes argue
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!