Average Cost
Cost of average cost = cost of goods available for sale/ No. of units available for sale
114060/(400+300+460)
= $3.5
Cost of goods sold average cost =no. of units sold * average cost
= 860*3.5
= $3010
Ending inventory average cost =no. of units in ending inventory* average
(1160-860)*3.5
= $1050
FIFO
Cost of goods sold as per FIFO =no. of units sold * cost as per FIFO
(400*3)+(300*3.4)+(160*4)
= $2860.
The average cost is the unit cost of production obtained by dividing total cost (TC) by total production (Q). The unit cost of production means that all fixed and variable costs are considered when calculating the average cost. Hence, it is also called the total cost per unit.
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Answer:
Gain= 132,000 - 120,000= 12,000 dollars
Explanation:
Giving the following information:
A year ago, MC Hammer Company had inventory in Britain valued at 240,000 pounds. The exchange rate for dollars to pounds was 1£ = 2 U.S. dollars. This year the exchange rate is 1£ = 1.82 U.S. dollars. The inventory in Britain is still valued at 240,000 pounds.
Year 1= 1/2= 0.5 exchange rate
Inventory year 1= 240,000*0.5= 120,000 dollars
Year 2= 1/1.82= 0.55 exchange rate
Inventory year 2= 120,000*0.55= 132,000 dollars
Answer:
(A) Yes. The increased time spent commuting to your new job is a cost that will incur if you accept the offer. The additional time devoted to the new job, or equivalently utilized that time somewhere else and get a benefit is an opportunity cost of accepting the new job.
(B) Yes. If you accept the new job offer then the money income or salary you were earned from the old job is foregone. Therefore, the $45,000 salary from your old job is an opportunity cost of accepting the new job.
(C) No. It is a benefit received from the new job. Hence, it is not an opportunity cost.
Answer:
a. they use heavy equipment and handle dangerous cargo and materials.
Explanation:
Workers in the transport and logistics careers operate heavy machinery, which subjects them to potential incidents and accidents that can cause severe bodily injuries or fatalities.
The workers move heavy and bulky leads. Their duties require them to lift, pull, or push the heavy cargo. They use ladders and other escalators to lift cargo to higher grounds. These acts pose the danger of falling or being knocked on by the load.
Transport and logistics workers handle hazardous chemicals and highly flammable substances. The workers and their supervisors must ensure to abide by all safety regulations to stay safe in the workplace.
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Below are the choices that can be found from other sources:
<span>1.Taxation
2.e-commerce
3.physical places of business
4. Stock market
</span>
I think the answer should be e-commerce
