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
NARA [144]
3 years ago
15

Vaughn Manufacturing sells one product and uses a perpetual inventory system. The beginning inventory consisted of 85 units that

cost $22 per unit. During the current month, the company purchased 481 units at $19 each. Sales during the month totaled 362 units for $46 each. What is the number of units in the ending inventory?
Business
1 answer:
dusya [7]3 years ago
3 0

Answer:

Ending inventory in units= 204

Explanation:

Giving the following information:

Beginning inventory= 85 units that cost $22 per unit.

Purchase= 481 units at $19 each.

Sales= 362 units for $46 each.

<u>To calculate the ending inventory in units, we need to use the following formula:</u>

Ending inventory in units= total number of units - units sold

Ending inventory in units= 566 - 362

Ending inventory in units= 204

You might be interested in
On January 1, 2018, M Company granted 90,000 stock options to certain executives. The options are exercisable no sooner than Dec
hram777 [196]

Answer:

$120,000

Explanation:

Given that,

stock options = 90,000

Each option can be exercised to acquire one share of $1 par common stock for $12.

Total Value of the option = stock options × fair value of the options

                                          = $90,000 × $5

                                          = $450,000

company to estimate that 10% of the options would be forfeited, so,

= 90% of Total Value of the option

= 0.9 × $450,000

= $405,000

2 out of 3 years = $405,000 × 2/3

                           = $270,000

=\frac{Total\ value\ of\ the\ options}{no.\ of\ years}

=\frac{450,000}{3}

= $150,000

Compensation expense (2019) = $270,000 - $150,000

                                                    = $120,000

6 0
3 years ago
A piece rate worker is paid
OleMash [197]

Answer:

nothin

Explanation:

They don't work hard enough

oh no

our table

it's broken!!!!!!

7 0
3 years ago
Claire is on her way to her job at a call center where she was planning on spending three hours. She can drop in and work any ho
denis23 [38]

Answer:

It should be greater than $36

Explanation:

The opportunity cost of working is the amount of money sacrificed or could have earned if the individual was not working. In this case, Claire has decided to go with her friend which means that the opportunity cost of not working is less than the benefits receives from going out. Because she is not working it means that the opportunity cost of working is more than 36 dollars, which is the income she could have earned in 3 hours.

7 0
4 years ago
Read 2 more answers
How does capital play an important role in the other factors of production?
OverLord2011 [107]

Answer:

Capital is an important factor of production because it's what allows labor and land to be purchased.

Explanation:

capital can be the money that companies use to buy resources, as well as the physical assets companies use when producing goods or services, such as factories and machinery.

7 0
3 years ago
Read 2 more answers
"Financial resources are the lifeblood of any office." Justify this statement.​
dedylja [7]

Answer:

Without financial stability, and office can not function properly.

Explanation:

Ex:

unpaid light bill = dysfunctional office

5 0
3 years ago
Read 2 more answers
Other questions:
  • Leaping Deer Company purchased a tractor at a cost of $240,000. The tractor has an estimated residual value of $40,000 and an es
    8·1 answer
  • As a Certified Management Accountant, Grace is bound by the standards of ethical conduct issued by the Institute of Management A
    6·1 answer
  • How many years would it take for an investment of $280,000 to accumulate to at least $425,000 at 15% per year interest?
    5·1 answer
  • Consider the​ following: Year Population ​(Millions) Real GDP ​($ Billions) GDP Deflator 2018 121 2019 125 Calculate the percent
    9·1 answer
  • The following information pertains to Eagle Co.'s Year 5 sales: Cash Sales Gross $ 80,000 Returns and allowances 4,000 Credit sa
    7·1 answer
  • How does knowledge of labor market information assist HR professionals in developing a quality staffing plan?
    15·1 answer
  • The children slept well ____________________ the noise.
    7·1 answer
  • The multiplier effect states that a manager's influence on the organization ________.
    13·2 answers
  • What kind of business can you start without start up capital?​
    9·1 answer
  • "Eva Stone's home in Chicago was recently gutted in a fire. Her living and dining rooms were destroyed completely, and the damag
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!