How do I make quick money as a 13 year.old with no alouence.

Grays Company has inventory of 16 units at a cost of $11 each on August 1. On August 3, it purchased 26 units at $10 each. 18 un

Lelechka [254]

Answer:

Cost of goods sold is $196

Explanation:

Using FIFO inventory sold are valued at the price of the most earliest stock in inventory.

The 16 units would be valued at $11 per one while the remaining 2 units would be valued at price of the purchase made on August 3 which cost $10 each

costs of goods sold=($11*16)+($10*2)

=$176+$20=$196

The costs of goods sold would be $196 if FIFO method of inventory valuation is used

6 0

3 years ago

James Mfg. is currently operating at only 86 percent of fixed asset capacity. Fixed assets are $387,000. Current sales are $510,

aleksandr82 [10.1K]

Answer:

wrtghtrehgergheghrth

Explanation:

4 0

3 years ago

Mikey is very picky and insists that his mom make his breakfast with equal parts of cereal and apple juice any other combination

timofeeve [1]

Answer: Mikey's mom will buy 80 tablespoons each of cereal and juice. Option C.

Explanation:

We will get the correct option by calculating each option thus:

Cereal = 4 cents per tablespoon.

Juice = 6 cents per tablespoon.

Option A. 40 tablespoons of cereal and 75 tablespoons of juice.

40 tablespoons of cereal X 4 cents = 160 cents = $1.6

75 tablespoons of juice X 6 cents = 450 cents = $4.5

Option A gives a total of $6.1 (WRONG).

Option B. 100 tablespoons of cereal and 67 tablespoons of juice

100 tablespoons of cereal X 4 cents = 400 cents = $4

67 tablespoons of juice X 6 cents = 372 cents = $3.72

Option B gives a total of $7.72 (WRONG).

Option C. 80 tablespoons each of cereal and juice.

80 tablespoons of cereal X 4 cents = 320 cents = $3.2

80 tablespoons of juice X 6 cents = 480 cents = $4.8

Option C gives a total of $8 (CORRECT)

Option D. 40 tablespoons each of cereal and juice.

40 tablespoons of cereal X 4 cents = 160 cents = $1.6

40 tablespoons of juice X 6 cents = 240 cents = $2.4

Option D gives a total of $4 (WRONG)

Therefore, the correct option is C.

3 0

3 years ago

State law of diminishing returns

DedPeter [7]

Answer:

see below

Explanation:

The law of diminishing marginal returns indicates that in every production process, adding one more input while holding the others constant will result in the overall decrease in output.

According to this law, adding one more production unit diminishes the marginal returns, and the average production cost increases. Marginal returns refer to the benefits associated with the production of an extra unit.

The gain derived from the use of more input while keeping all other factor constant decreases as production increases. For example, employing more workers while all other variables remain constant will result in reduced labor productivity.

6 0

3 years ago

The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this

Katen [24]

Answer:

Maria spends all of her money on paperback novels and beignets In 2011 she Earned $27 per hour, the price of a paperback novel was $9, and the price of a beignet was $3.

Following give the nominal value of a variable: -

The price of a beignet is $3 in 2011
Maria's wage is $27 per hour in 2011

Following give the real value of a variable:

The price of a paperback novel is 3 beignets in 2011
Maria's wage is 9 beignets per hour in 2011.

Suppose that the Fed sharply macaws the money supply between 2011 and 2016 In 2016, Maria's wage has risen to $54 per hour. The price of a paperback novel is $18 and the price of a beignet is $6

In 2016, the relative price of a paperback novel is 3 beignet

Between 2011 and 2016, the nominal value of Maria's wage increases and the real value of her wage remains the same.

Monetary neutrality is the proposition that a change in the money supply affecis nominal variables and does not affecis real variables

7 0

3 years ago