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stepan [7]
3 years ago
12

9 a company reports its 2010 cost of goods sold at $15.0 million. its ending inventory for 2010 is $1.6 million and for 2009, en

ding inventory was $1.2 million. how much inventory did the company purchase during 2009?
a. $14.6 million
b. $15.0 million
c. $15.4 million
d. $15.8 million
Business
1 answer:
sasho [114]3 years ago
3 0
My guess is a.$14.6. I might be wrong.
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Gelb Company currently manufactures 49,500 units per year of a key component for its manufacturing process. Variable costs are $
kirill [66]

Answer:

Incremental cost= $61,875

Explanation:

Giving the following information:

Gelb Company currently manufactures 49,500 units per year of a key component for its manufacturing process. Variable costs are $5.15 per unit, fixed costs related to making this component are $75,000 per year, and allocated fixed costs are $70,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.90 per unit

We need to determine whether it is more convenient to produce the component or outsource it. We will only consider the relevant costs, therefore the fixed costs will not be taken into account.

Make in house:

Cost= 49,500*5.15= $254,925

Buy:

Cost= 49,500*3.90= $193,050

Incremental cost= 254,925 - 193,050= $61,875

8 0
3 years ago
When you were born, your parents opened an investment account in your name and deposited $1,500 into the account. the account ha
balu736 [363]
To answer this question we are solving for T, time.. or age in this case!

Ending balance = beginning balance x (1+ annual rate of return)T
$42,856 = $1,500 x (1 + 0.53)t
T = 64.91 years

Rounding to the nearest year, you are about to turn 65 years old!
3 0
3 years ago
A newly created design​ business, Teri's​ Art, is finishing its first year of operations. During the​ year, credit sales were $4
Vikentia [17]

Answer:

the bad debt expense is $900

Explanation:

The computation of the bad debt expense is shown below:

bad debt expense is

= Written off amount + estimated uncollectible amount at the year end

= $650 + $250

= $900

We simply added the above two items so that the amount of the bad debts for the first year could come

Hence, the bad debt expense is $900

7 0
3 years ago
VICTORIA COMPANY CVP Income Statement For the Month Ended April 30, 2020 Total Per Unit Sales (9,000 units) $450,000 $50 Variabl
jarptica [38.1K]

Answer:

Follows are the solution to the given question:

Explanation:

In this question, we assume that there is no change in selling price.

So,  

\text{Break-even point}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \frac{184950}{25}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 7398\ units\\\\\text{Break-even point} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 7398\times 50 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 369900\\\\ \text{Margin of safety}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 450000-369900 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 80100\\\\

8 0
3 years ago
Please answer, first get's brainliest
Tresset [83]

Supply and demand affects the labor market just like any other market. If there is an extra supply of immigrant workers that come into the workforce and the demand for jobs stays the same then employees could have less job stability and employers would be willing pay less causing income to drop

Hope this helps cuz i rely ned brainliest

4 0
3 years ago
Read 2 more answers
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