Answer: The correct answer is "B. current costs plus cost of beginning Work-in-Process Inventory".
Explanation: The weighted average method of process costing takes into account the costs of the initial inventory since this method calculates the unit cost of the units by means of the number of units and the total cost of them. Therefore the weighted average will drag the costs of the initial inventory.
Answer:
a. 9.43%
Explanation:
The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.
IRR can be calculated using a financial calculator.
Cash flow in year zero = −$1,250
Cash flow each year from year one to five = $325
IRR = 9.43%
To find the IRR using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
I hope my answer helps you
$60, because 4 percent of 300 is 12, and 12*5 years is $60 earned through interest.
The answer is 60.
