Answer:
A. $650 $750 $677
Explanation:
period purchases sales
1 20 units at $50 15 units at $60
2 35 units at $40 35 units at $45
3 85 units at $30 85 units at $35
total revenue = $900 + $1,575 + $2,975 = $5,450
COGS:
- using FIFO = (15 x $50) + (5 x $50) + (30 x $40) + (5 x $40) + (80 x $30) = $4,800
- using LIFO = (15 x $50) + (35 x $40) + (85 x $30) = $4,700
- cost average = ($4,950 / 140 units) x 135 units = $4,773.21
Gross profit:
- using LIFO = $5,450 - $4,800 = $650
- using FIFO = $5,450 - $4,700 = $750
- using cost average = $5,450 - $4,773.21 = $676.79 ≈ $677
Answer:
ohhh really I am also from Nepal
Namaste timi Santa bolerw ramro lagyo dhanyabaad!
Answer:
you should pay up to $2,737.84 to Tobi
Explanation:
first, the terminal price of the perpetuity must be determined = annual payment / r = $1,500 / .08 = $18,750
now, the present day value of the future terminal value
present value = future value / (1 + r)ⁿ = $18,750 / (1 + 8%)²⁵ = $2,737.84
Answer:
Net pay.
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Net pay can be defined as the total amount of money earned by an employee for a payroll period. Thus, it is the earnings of an employee after all deductions, fees, or contributions have been subtracted from the gross pay and as such, it is the take home of an employee for a payroll period.
