Answer:
Explanation:
Cost of sales 640+1810+1620=$4070
Operating Expenses 80+113=$193
Total Cost =4263
Unit produced =370
cost per unit =11.52
Sales revenue =250*14=$3500
Income statement
Revenue - 3500
Cost of sales 4070
Gross profit (570)
Operating Expenses (193)
Net loss (763)
Balance sheet
Inventory 1382.4
Equity 4800
Total asset 6182.4
Inventory is valued at $11.52 (lower of cost and net realizable value)
Answer:
Evaluative Criteria
Explanation:
Evaluative criteria is the situation whereby an individual decides to buy more than what he or she initially had in mind during to varying factors which may include price, characteristics, advertising effect, competitive context and so on of those extra things bought. Evaluative criteria results from desired benefits. The wall street journal in this case provides customers with evaluative criteria.
The expected average rate of return in the fixed asset above is 36.92%. The rate of return is the income or loss of a proposed investment in a specified amount of time. In this case, a company wants to buy a 4-year life fixed asset which can increase the company's income by $240,000. We can calculate the rate of return by dividing the net income from the investment with the proposed investment to obtain the portion of return received from the investment<span>. Formula: (Net Income From The Investment/Proposed Investment) x 100%.</span>