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3 years ago

Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows:

Business

1 answer:

anzhelika [568]3 years ago

6 0

Answer:

$1.804 ; $1.7856

Explanation:

The computation is shown below:

The formula is presented below:

= Initial forecast + a × (Actual demand of last month - initial forecast of last month)

For November, it would be

=$1.83 + 0.1 × ($1.57 - $1.83)

= $1.83 - 0.026

= $1.804

For December, it would be

=$1.804+ 0.1 × ($1.62 - $1.804)

= $1.804 - 0.0184

= $1.7856

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A company purchased new equipment for $60,000. The company paid cash for the equipment. Other costs associated with the equipmen

olya-2409 [2.1K]

Answer: The cost of the equipment is $66,500.

Explanation: Under IAS 16 Property, Plant and Equipment, the cost of an asset comprises:

purchase price plus import duties and taxes
any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in a manner intended by management
the initial estimate of the costs of dismantling and removing the item and restoring the site on which it is located

In the question, $60,000 was the purchase price, the transportation cost of $1,000 was necessary to bring the asset to the location intended by management, $3,000 was the sales tax and the installation cost of $2,500 was also necessary for the asset to function as intended by management. So all these costs would be capitalized as the cost of the equipment as $66,500.

3 0

4 years ago

Department C had direct materials EUP cost of $4.00 and conversion EUP cost of $2.50. If the department had 38,000 units complet

Vanyuwa [196]

Answer:

cost of units completed for Direct material =$152,000

Explanation:

given data

direct materials EUP cost = $4.00

Number of units = 38,000

conversion EUP cost = $2.50

solution

we get here cost of units completed for Direct material that is express as

cost of units completed for Direct material = direct materials EUP cost × Number of units .................1

put here value and we will get

cost of units completed for Direct material = $4 × 38,000

cost of units completed for Direct material =$152,000

5 0

4 years ago

In 2013, there are four open flute positions in major orchestras. A total of 525 professional flutists audition. In the same yea

love history [14]

The best and most correct answer among the choices provided by your question is the second choice.

The differences of their salaries is that t<span>he bassoonists earn a higher salary than the flutists.</span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

3 0

3 years ago

Read 2 more answers

On July 1, 2021, Tremen Corporation acquired 25% of the shares of Delany Company. Tremen paid $3,090,000 for the investment, and

ankoles [38]

Answer:

The tremen's investment in Delany company is $3,162,500

Explanation:

Tremen's investment in Delany Company account would be as follows at year ended 31st December 2021

Initial investment value $3,090,000

Delany's net income $1,300,000

Dividends paid(4*$180,000) ($720,000)

Profits after dividends $580,000

Tremen's share 25%*$580,000*6/12 $72,500

year end balance of Tremen's investment $3,162,500

First of all, the total dividends is taken away from net income and a portion of the net income after dividend payment is added to Tremen's investment which reflects its percentage shareholding and the duration of investment of six months

8 0

3 years ago

Given the following information, determine the cost of goods manufactured and the cost of goods sold for the year ended December

natulia [17]

Answer:

$731,000 and $684,000

Explanation:

The computations are shown below:

For cost of goods manufactured

= Direct materials used + Direct labor cost + Manufacturing overhead incurred + opening work-in-process inventory - closing work-in-process inventory

= $271,000 + $126,000 + $359,000 + $193,000 - $218,000

= $731,000

For cost of goods sold

= Opening finished goods Inventory + Cost of goods manufactured - Ending finished goods Inventory

= $395,000 + $731,000 - $442,000

= $684,000

4 0

3 years ago