1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
UNO [17]
2 years ago
11

A company had the following purchases during its first year of operations: Purchases January: 26 units at $113 February: 36 unit

s at $124 May: 31 units at $136 September: 28 units at $144 November: 26 units at $154On December 31, there were 48 units remaining in ending inventory. These 48 units consisted of 8 from January, 9 from February, 13 from May, 7 from September, and 11 from November. Using the specific identification method, what is the cost of the ending inventory? $6336. $6644. $5374. $6490. $5338.
Business
1 answer:
monitta2 years ago
3 0

Answer:

$6490

Explanation:

The computation of the ending inventory is shown below:

= (January ending inventory in units × price) + (February ending inventory in units × price) + (May ending inventory in units × price) + (September ending inventory in units × price) + (November ending inventory in units × price)

= (8 units × $113) + (9 units × $124) + (13 units × $136) + (7 units × $144) + (11 units × $154)

= $904 + $1,116 + $1,768 + $1,008 + $1,694

= $6,490

You might be interested in
Dan kim does a lot of customer research on his ideas for new products before actually making a prototype. in the new-product dev
GarryVolchara [31]
<span>the part of the development process where Dan Kim does his research on his ideas is called innovation which is where new ideas are transformed into new products</span>
7 0
3 years ago
The CFO of company ABC wants to give every employee a 3% raise, but would like a report to confirm if this is possible. Write an
katrin [286]

Answer:

For such a report , the sql query required would be:

SELECT emp_id, curr_salary, curr_salary*1.03 AS inc_salary FROM Employee;

Explanation:

For such a report , the sql query required would be:

SELECT emp_id, curr_salary, curr_salary*1.03 AS inc_salary FROM Employee;

In the above  sql query  employee id is emp_id , curr_salary is the current salary column.  "curr_salary*1.03" is been made because an increment of 3% means salary + salary*3% , that is , salary*1.03.

4 0
3 years ago
Suppose you believe that Delva Corporation's stock price is going to decline from its current level of $82.50 sometime during th
Yakvenalex [24]

Answer:

B. $1,989.75

Explanation:

Cost of option (C) = $510.25

Option selling price (Po) = $85 per share

Share price when selling (Ps) = $60 per share

Number of shares (n) = 100 shares

Since the option allows you to sell shares that are valued at $60 for at $85 each, by selling 100 shares, your total earnings are:

E=(P_o-P_s)*n\\E=(\$85-\$60*)100\\E=\$2,500

To find the pre-tax net profit (P), subtract the amount paid for the options from your earnings:

P=E-C= \$2,500-\$510.25\\P=\$1,989.75

6 0
3 years ago
How can gdp per capita and poverty rates indicate standards of living in each system?​​
muminat
<h3>~!+~!+~!+!+~!+~!+~!+~+!+~+!+~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+~!+~+!+~+!~+!+~+!~+!~+!~+!~+!~+!~+!~+!~+!~+~!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~</h3><h3 /><h3>Hello! If this answer doesn’t fulfill all of your questions, or it doesn’t have the exact information you are looking for, I apologize. But, I will try to help you to my best ability! <3</h3><h3 /><h2>Answer:</h2><h3>Gross Domestic Product (GDP) per capita and poverty rates are both measures that can be used to measure standards of living because they are both measures of how much money people have. The two measures can be used to supplement one another. This gives a measure of how much money the average person makes in a year.</h3><h3 /><h3>Again, hope this helps! Good luck! :D</h3><h3 /><h3>~!+~!+~!+!+~!+~!+~!+~+!+~+!+~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+~!+~+!+~+!~+!+~+!~+!~+!~+!~+!~+!~+!~+!~+!~+~!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~+!~</h3><h3 />
6 0
3 years ago
Through environmental scanning, marketers can learn new ways to reach prospective customers. as they scan the _____________ envi
Alex777 [14]
Technological environment
5 0
2 years ago
Other questions:
  • Cooperation among oligopolies runs counter to the public interest because it leads to underproduction and high prices. In an eff
    13·2 answers
  • Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale c
    13·1 answer
  • "the fed funds rate is the" __________. interest rate the fed charges commercial banks on short-term loans interest rate that th
    5·1 answer
  • For certain item, the cost minimizing other quantity obtained with the basic EOQ model is 100 units, and the total annual invent
    6·1 answer
  • Which of the following is an internal event?
    5·2 answers
  • Which question can help a writer analyze a prompt and develop a claim for an argumentative essay?
    12·1 answer
  • In 2019, BayKing Company sold used equipment for $17,000. The equipment had an original cost of $80,000 and accumulated deprecia
    14·1 answer
  • How can students experience "free rider" problems at school?
    11·2 answers
  • One component of learning about another country or region is to understand the relationship of its currency with others on the w
    10·1 answer
  • Expansionary monetary policy is more effective in an open economy because:.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!