Answer:
a. FIFO - Inventory Used: $39900 Remaining Inventory: $14700
b. LIFO - Inventory Used: $41700 Remaining Inventory: $12900
c. Weighted Average Cost - Inventory Used: $40950 Remaining Inventory: $13650
Explanation:
Jan 01. Beginning inventory = 40 x $165 = $6600
Aug 13. Purchases 200 x $180 = $36000
Nov 30. Purchases 60 x $200 = $12000
Ending inventory = 75 units
Inventory Used = 300 – 75 = 225
(a) First-In-First-Out (FIFO)
This is the method where the inventory first received is the one that is used first. Common method when the inventory is perishable and would be wasted if left too long.
Inventory Used:
40 x $165 = $6600
185 x $180 = $33300
Total = $39900
Remaining Inventory:
15 x $180 = $2700
60 x $200 = $12000
Total = $14700
(b) Last-In-First-Out
Method whereby the inventory received latest is used first. Common in goods that are bulky. the inventory on top (latest purchased) is used first.
Inventory Used:
60 x $200 = $12000
165 x $180 = $29700
Total = $41700
Remaining Inventory:
40 x $165 = $6600
35 x $180 = $6300
Total = $12900
(c) Weighted Average Cost
This is whereby you divide the cost of goods sold by the number of units available for sale.
54,600 / 300 = $182
Inventory Used: 225 x $182 = $40950
Remaining inventory = 75 x $182 = $13650
In marketing, an example of a Sales promotion is a consumer context.
<h3>What is a
Sales promotion?</h3>
This refers to strategy employed by a firm who uses a campaign or offer to increase the consumer;s interest or demand in its product
Because the consumer context involves making relevant offers when the customer is poised to make a purchase, this is an example of Sales promotion.
Therefore, the Option A is correct.
Read more about Sales promotion
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Answer:
high unemployment rates do not usually last for very long
Explanation:
Based on the information provided within the question it can be said that the main reason to continue doing this is because you know that high unemployment rates do not usually last for very long. On average in the United States of America there is a recession every 8 years and the the unemployment rates and economy always end up recovering after a certain amount of time has passed.
Answer:
Explanation:
Present Value Years Interest Rate Future Value
PV n r FV
1. $10,681 10 6% $19,128
2. $35,157 2 11% $43,317
3. $129,107 14 14% $808,382
4. $65,293 19 13% $665,816
Present value of future cash flow will be calculated by using discount formula which is as follow:
PV = FV / ( 1 + r ) ^n
1. PV = $19,128 / ( 1 + 0.06 )^10 = $10,681
2. PV = $43,317 / ( 1 + 0.11 )^2 = $35,157
3. PV = $808,382 / ( 1 + 0.14 ) ^14 = $129,107
4. PV = $665,816 / ( 1 + 0.13 ) ^19 = $65,293
Answer:
Utilities mean useful features, or something useful to the home such as electricity, gas, water, cable and telephone. Examples of utilities are brakes, gas caps and a steering wheel in a car. Examples of utilities are electricity and water.
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