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Andre45 [30]
3 years ago
13

Lauer Corporation provided the following information about one of its laptop computers: Date Transaction Number of Units Cost pe

r Unit 1/1 Beginning Inventory 170 $ 870 5/5 Purchase 270 $ 970 8/10 Purchase 370 $ 1,070 10/15 Purchase 235 $ 1,120 During the year, Lauer sold 925 laptop computers. What was cost of goods sold using the FIFO cost flow assumption? Multiple ChoiceA. $942,500 B. $964,500 C. $946,156 D. $934,500
Business
1 answer:
PilotLPTM [1.2K]3 years ago
3 0

Answer:

D. $934,500.

Explanation:

FIFO Method:

170 x $870 = 147,900

270 x $970 = 261,900

370 x $1,070 = 395,900

115 x $1,120 = 128,800

Hence, Total Cost of Goods Sold for 925 Laptop Computers will be $934,500.

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Answer:

The correct option is A,project planning.

Explanation:

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Cost/benefits analysis is also  a key feature of such planning,as it is only worthwhile investing in  project whose benefits outweigh its costs.

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3 years ago
Suppose there are three factories in Macroland and the following occurred in 2019: Metal, plastic and a car factory. Metal facto
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Answer:

$1120

Explanation:

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8 0
2 years ago
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In economics, demand is the amount of a good that customers are inclined and capable of purchase at diverse prices at some point of a given time. the connection between price and quantity demand is likewise referred to as the demand curve

Demand is the amount of consumers who're inclined and in a position to shop for products at numerous fees at some stage in a given period of time. demand for any commodity implies the purchasers' desire to gather the good, the willingness and capability to pay for it.

For instance, if a patron is hungry and buys a slice of pizza, the primary slice can have the finest advantage or application. With every additional slice, the purchaser becomes greater happy, and software declines. In idea, the primary slice may fetch a higher price from the purchaser.

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4 0
1 year ago
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With the variable annuity, the gains/earnings will be tax-deferred and the customer will only have to pay taxes when they withdraw the contributions.

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