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creativ13 [48]
3 years ago
8

Dakota, Inc. is a merchandiser of medallions. The company sold​ 15,100 units during the year. The company has provided the fol

lowing​ information: Sales Revenue ​$558,000 Purchases​ (excluding Freight​ In) ​280,000 Selling and Administrative Expenses ​66,000 Freight In ​13,000 Beginning Merchandise Inventory ​52,000 Ending Merchandise Inventory ​54,900 What is the unit cost per item​ sold? (Round your answer to the nearest​ cent.)
Business
1 answer:
love history [14]3 years ago
7 0

Answer:

$19.21

Explanation:

The computation of the unit cost per item is as follows:

Beginning merchandise inventory $52,000

Add: Purchases + freight in   $293,000  ($280,000 + $13,000)

Less: Ending merchandise inventory -$54,900

Cost of goods sold     $290,100

Now the cost of goods sold per unit is

= $277,100 ÷ 15,100 units

=  $19.21

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S_A_V [24]

Answer:

D. Land and construction costs are comparatively less expensive in Russia than in Canada

Explanation:

Option D would favor Russia ahead of Canada because of the fact that manufacturing costs are cheaper and they have easier access to Capital. I came to this conclusion since it has been stated that land and construction costs are cheaper in Russia.

In Economics the goal of every firm is to minimize cost and to maximize profit. Option D is cost minimizing for cool cars if they want to duplicate their overall success.

8 0
3 years ago
List four decision making techniques
Elenna [48]
Command – decisions are made with no involvement.
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3 0
3 years ago
Career prep b final exam / post test
MariettaO [177]
Do you need help or are you telling?
4 0
3 years ago
A subject property has a swimming pool (worth $5,000) and a three-car garage (worth $4,500). Comp property A has a pool only and
AnnyKZ [126]

Answer and Explanation:

The calculation of the adjusted price that could use for these two comps in a CMA is given below:

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And, for comp property B, the value of the pool should be

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4 0
3 years ago
Suppose the U.S. Treasury offers to sell you a bond for $687.25. No payments will be made until the bond matures 5 years from no
pantera1 [17]

Answer:

6%

Explanation:

Data provided as per question is as given below:-

Redeemed amount = $1,000

Sale value of Bond = $687.25

Number of year = 5

The computation of interest rate is as shown below:-

Interest rate = (Redeemed amount ÷ Sale value of bond) ^ (1 ÷ Number of Year) - 1

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= 0.06

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5 0
3 years ago
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