Answer:
$1023.98
Explanation:
Using the standard notation equation for annual payment and for arithmetic gradient to calculate the present worth of a unit's costs; we have the following corresponding expression.
P = A (P/A, i, n) & P = G (P/G, i, n)
where;
A = annual payment
G = arithmetic gradient
n = number of years
i = annual interest rate
From the question;
the payment period = compounding period
∴ quaterly interest rate = 3%
The present worth value of the unit's cost is therefore shown as
P = 90 (P/A, 3%, 12) + 2.5(P/G, 3%, 12)
P = 90(9.954) + 2.5(51.2481)
P = $1023.98
∴ The present worth value of the unit's cost = $1023.98
I think the most appropriate answer would be D.
I hope it helped you!
Go to the stock market holders, or look it up online
Hope this helps!
Answer:
Cost of goods sold for the first sale made on Jan. 10: $141
Explanation:
The FIFO is a method used to account value for inventory. Under the method, the first item of inventory purchased is the first one sold.
Jan 1 Beginning Inventory 8 units, $12 per unit, total $96
Jan 5 Purchase 12 units, $15 per units, total $180
Jan 10 Sale 11 units, $50 per unit
Cost of good sold = 8 x $12 + 3 x $15 = $141