Answer:
When using dollar-value LIFO, the ending inventory at current year cost must first be converted to base year cost. The 12/31/Y2 inventory at base year cost is given as $60,000. Since the 12/31/Y1 inventory at base year cost was $45,000 ($40,000 base layer and $5,000 year 1 layer), a new layer of $15,000 was added in year 2 ($60,000 − $45,000). This layer must be restated using the year 2 price index. The year 2 price index is computed using the double-extension technique, as illustrated below.
Answer:
c
Explanation:
Bundling is when separate products of a company are combined together and sold to customers usually at a lower price
Answer:
$510,560
Explanation:
AFN = (A/S) x (Δ Sales) - (L/S) x (Δ Sales) - (PM x FS x (1-d))
- A = assets = $4,000,000
- S = sales = $7,600,000
- L = liabilities that vary according to sales level = $450,000 + $450,000 = $900,000
- Δ Sales = change in sales = $9,120,000 - $7,600,000 = $1,520,000
- PM = profit margin = 4%
- FS = forecasted sales = $9,120,000
- d = payout ratio = 70%
AFN = ($4,000,000/$7,600,000) x ($1,520,000) - ($900,000/$7,600,000) x ($1,520,000) - (4% x $9,120,000 x (1 - 70%)) = $800,000 - $180,000 - $109,440 = $510,560
Answer:
$16.26
Explanation:
The break-even point is the level of sales at which the business incur no profit no loss.Fixed and variable costs are covered at this level of sales. Use following formula of break-even to calculate the fixed cost.
As we know that
Break-even price per unit = Variable cost per unit + Fixed cost per unit
Break-even price per unit = ($987,493/84,000) + ($378,674/84,000)
Break-even price per unit = $16.26 (Rounded to 2 decimal places )
Answer:
trade deficit.
Explanation:
When import is greater than export, it is a trade deficit.
When export is greater than import, it is a trade surplus.
I hope my answer helps you
