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3 years ago

In a period of rising prices, the inventory method which tends to give the highest reported inventory is

Business

1 answer:

nordsb [41]3 years ago

4 0

Answer:

a. FIFO

Explanation:

Under the FIFO method, the inventory which is come first is sold first and the remaining inventory is sold.

The LIFO method is opposite to the FIFO method. It means that the last units is sold first and the rest of the units are sold later

The weighted average is that method in which the weighted average per unit is computed by considering total cost by total units excluding the sales units

The moving average is that method in which the arithmetic mean is computed

Under the FIFO method, it provides the highest inventory as well as the highest net income as compared to other inventory methods

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Whistle Stop pays a constant annual dividend of $4 on its stock. The company will maintain this dividend for the next 3 years an

Hitman42 [59]

Answer:

P0 = $9.04279 rounded off to $9.04

Option c is the correct answer

Explanation:

Using the the dividend discount model, we calculate the price of the stock today. It values the stock based on the present value of the expected future dividends from the stock. To calculate the price of the stock today, we will use the following formula,

P0 = D1 / (1+r) + D2 / (1+r)^2 + D3 / (1+r)^3

Where,

r is the required rate of return

P0 = 4 / (1+0.156) + 4 / (1+0.156)^2 + 4 / (1+0.156)^3

P0 = $9.04279 rounded off to $9.04

3 0

3 years ago

2 x (3a-b) - 3y(b-3a)

pantera1 [17]

Answer:

6ax+9ay−2bx−3by

Explanation:

2x(3a−b)−3y(b−3a)

Distribute:

=(2x)(3a)+(2x)(−b)+9ay+−3by

=6ax+−2bx+9ay+−3by

6 0

3 years ago

At the start of its fiscal year, a company anticipated producing 300,000 units throughout the year. The annual budgeted manufact

scoray [572]

Answer:

The correct answer to the following question is $36,000.

Explanation:

Given information -

Units anticipated to be produced - 300,000 units

Variable cost - $150,000

Fixed cost - $600,000

Beginning inventory - 5000 units

Ending inventory - 7000 units

Income under absorption costing - $40,000

Now under the absorption costing, rate of fixed overhead cost per unit -

Fixed cost / Number of units produced

= $600,000 / 300,000

= $2

In April ( under absorption costing ), the amount of fixed manufacturing overhead cost that was still embedded in ending inventory but were not expense -

Fixed overhead rate per unit x number of units produced but not sold

= $2 x 2000 ( 7000 units - 5000 units )

= $4000

So when we calculate the operating cost under variable costing this fixed overhead cost wold be subtracted from total income -

$40,000 - $4000

= $36,000 .

6 0

3 years ago

Bell’s Shop can make 1000 units of a necessary component with the following costs: Direct Materials $24000 Direct Labor 6000 Var

Korolek [52]

Answer:

8,000= fixed overhead

Explanation:

Giving the following information:

Bell’s Shop can make 1000 units of a necessary component with the following costs:

Direct Materials $24000

Direct Labor 6000

Variable Overhead 3000

Fixed Overhead ?

The company can purchase the 1000 units externally for $39000. The unavoidable fixed costs are $2000 if the units are purchased externally.

Buy= 41,000/1,000= $41

Total Unitary cost= 24,000 + 6,000 + 3,000 + fixed overhead

41,000= 33,000 + fixed overhead

8,000= fixed overhead

3 0

3 years ago

Earl was known for driving 30 miles just to save a dollar on the price of case of his favorite carbonated beverage. Earl perceiv

Marianna [84]

Answer:

Money Paid

Overall Sacrifice

Explanation:

The two major dimensions of pricing are Monetary and Non- Monetary pricing.

Monetary pricing is the liquid asset like cash that is spent to acquire goods and services while the non monetary are other costs apart from money like time , stress , distance that it costs to acquire an item .

The individual perception of pricing has a way of affecting its choice when it comes to purchasing.

Earl did not consider the cost of stress in travelling 30 miles in order to save a $1 in his purchase decision as his mindset is programmed to the price paid being the real price while most other customers considers the sacrifice involved before making a purchase decision.

3 0

4 years ago