Answer:
The cost of goods sold is $2950
Explanation:
The specific identification method requires the cost of inventory to be calculated using the actual cost at which the inventory is bought and recorded.
The cost of goods sold will be the cost of tv's that are sold during June. One tv that was sold with serial no 11534894 belonged to the TVs having cost of $1500. The other that was sold belonged to the cost group of $1450 per TV (serial no 11542631).
Thus cost of goods sold will be = 1500 + 1450 = $2950
Answer:
The correct answer is:
5.0 percent deflation between the first and second years, and 3.0 percent deflation between the second and third years. (a)
Explanation:
to calculate the percentage deflation, we will simply calculate the percentage change in price between the years stated. This is calculated as follows:
% change = 
Note that the negative sign shows a deflation.
if you use the same method for years two and three, you should get -3%, using P₁ as 142.5 and p₂ as 138.2. Hence option 'a' is correct.
The answer is durable. According to AR 735-5 (Policies and Procedures for Property Accountability), a durable property is a property that is not consumed in use, does not require property book accountability, but because of its unique characteristics requires control when issued to the user. The best example for this is hand tools. Hand tools are measured durable because they are not used up by Soldier unlike cleaning supplies. Hand tools are not on the property book. They do require a signature when issued, whether from the tool room or the supply room. When hand tools break, they must be turned in for replacements. Soldiers who misplace hand tools pay for the lost tools in order to implement supply discipline. We must have supply discipline to save Army resources for deployments, training exercises and other mission requirements. Leaders involve periodic inventories and the correct hand receipt procedures for the same reason. Hand tools are costly and Soldiers use millions of them. So, hand tools are durable because they do not get used up, unlike consumable supplies such as hand soap or motor oil, and also require some type of control when issued.
Answer:
$700
Explanation:
Given that
Price of a 3 month put option = $3
Price of a 3 month call option = $4
Considering the above
Selling the straddle = sell a put + sell a call
Thus,
Total premium income from selling a stradle = (P + C)100
Where,
P is price of put
C is price of call
Therefore,
Total premium from selling a stradle
= (3 + 4)100
= 7 × 100
= $700
