Answer:
The value of closing inventory is $3,500
Cost of goods sold $40,670
Explanation:
The two tasks here is to compute the value of closing inventory and the costs of goods sold during the year.
The fact that all opening inventory units were sold and that 230 units out of 250 units bought on May 5 leaves 20 units of that batch inventory in closing inventory.
Also, 20 units of 200 units bought on November 3 in inventory since 180 units were already sold.
Hence the value of closing inventory is computed thus:
May 5 20*$85=$1,700
Nov 3 20*$90=$1,800
Total $3,500
The costs of goods sold are is computed thus:
Opening inventory 60*$82 $4,920
May 5 230*$85 $19,550
Nov 3 180*$90 $ 16,200
Total $40,670
Revenue is the total amount of money on receives; it is used especially for companies. Revenue can come fom all kind of sources such as salaries, wages rent, product sales etc. In this case, the 800$ are Emily's revenue. However, income is the net amount of money that one gets at the end, the net result. Hence, 600$ are Emily's income after applying the tax deductions.
The demand curve shows the amount of a product that consumers are willing and able to buy at each possible price.
Resources have two factors that impact their demand curve. These two factors are the price of the product made by the resource and the productivity of the resource. The productivity of the resource denotes the output (expressed either as units produced or as economic value) per unit of resource input.
Answer:
required these builders to post a surety bond.
Explanation:-
A protection bond is described as just a three-party deal that technically bonds a contractor in need of the security, an obligatory in need of the bond and a security firm that markets the security. The contract promises that the trustee must behave according to certain legislation.
Therefore, a protection guarantee would be provided in the statutory remedy that just might minimize specific incentives for small condo-building companies.
If I'm considering purchasing a house in such a new facility, a few of the developer 's features would make purchasing more probable are his credibility on the industry as well as his regulatory compliance the specifics of the apartment.
I believe it is Manufacturing
