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mrs_skeptik [129]
3 years ago
14

How's everyones day? (Match the career with the career clusters.

Business
1 answer:
Advocard [28]3 years ago
4 0

I am figuring this question out for you! one moment please

Explanation:

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Hull Company’s record of transactions concerning part X for the month of April was as follows.
olga55 [171]

Answer:1. $7720  

2. $7945

3. $7758

Explanation: 1. First in First out method which means the first inventory to be purchased by company will be the first to be sold.  

Total cost of Sales   = Total number of units Sold * Total Cost of inventory sold    

                                  = 100units*$5+ 300units*$5.30+ 200units*$5.35 + 450units*$5.60

                                   =$7720

Total units sold=1450  we started from first inventory which was the balance of inventory of 100 units downwards up to the 1450th unit sold that was purchased on the 26th of April by the company.

2. Last in first out method is where the last bought inventory is sold first.

Total cost of sales= Total number of units sold * Total cost of units sold =200units$*5.80+ 600units*$5.60+ 200units*$5.35+300units*$5.30+150units*$5.1

=$7945

Total units sold still 1450 but we calculated the cost from the last purchased unit from 30th April to the 1450th unit sold which was on the 12th of April.

3. Average Cost = (Sum of all costs/Total number of costs)* total units sold

                     = (($5+$5.1+$5.3+$5.35+$5.6+$5.8)/6)* 1450

=$7769.58

4 0
3 years ago
In the late 1500s, the city of Antwerp was under siege by the Duke of Parma. The siege caused the price of food to rise, so the
Paha777 [63]
D a misallocation of resources
4 0
3 years ago
On February 1, 2021, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of
faltersainse [42]

Answer:

2021

revenue                 2,666,667

we have cost for <u>  2,000,000  </u>

income for                666,667

2022

revenue                     3.278.400‬

cost                       <u>     2,500,000    </u>

income                          778.400‬

2023

revenue          2,054,933‬

cost             <u>    3,800,000   </u>

loss                   1,745,067‬

Explanation:

2,000,000/ (2,000,000 + 4,000,000) = 1/3

in 2021 a third of the contract was complete therefore we recognize a third of revenue:

8,000,000 x 1/3 = 2,666,667

we have cost for   2,000,000

income for                666,667

2,500,000 / (2,500,000 + 3,600,000) = 0,4098

we recognize revenues for 40.98 of the total contract value.

8,000,000 x 40.98 = 3.278.400‬

cost                       <u>     2,500,000    </u>

income                          778.400‬

2023

we recognize the remaining revenue.

8,000,000 - 2,666,667 - 3,278,400 = 2.054.933‬ revenue

cost 3,800,000

loss   1,745,067‬

7 0
2 years ago
The minimum feasible​ long-run average cost for firms in a perfectly competitive industry is ​$27 per unit. If every firm in the
Furkat [3]

Answer: Marginal cost is ​$27 and market price is ​$27

Explanation:

In the long run, perfectly competitive industries make zero economic profit. This means therefore that Average cost will be the same as the Market price so Market price will be $27.

Firms in a perfectly competitive industry will produce at a rate where Marginal revenue will equal marginal cost in order to maximise profit.

In a perfectly competitive industry, firms are price takers which means that the Market price is also the same as the Marginal revenue. The Market price will therefore be equal to marginal cost which means that Marginal cost will also be $27.

5 0
3 years ago
beep+boop=? leeloooploploploploploploploploploploploploploploplolloploploloploploploploploploploploploploploploploploploploplopl
lesya [120]

Answer:

What??

Explanation:

wdym??????? I don't get it

8 0
3 years ago
Read 2 more answers
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