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bagirrra123 [75]
3 years ago
12

Brody Corp. uses a process costing system. Beginning inventory for January consisted of 1,900 units that were 46% completed. 10,

300 units were started during January. On January 31, the inventory consisted of 530 units that were 76% completed. How many units were completed during the period
Business
1 answer:
Ira Lisetskai [31]3 years ago
3 0

Answer:

11,670

Explanation:

Calculation for How many units were completed during the period

Beginning inventory 1,900

Add units started 10,300

Less ending inventory equals completed units 530

Units completed 11,670

(1,900+10,300-530)

Therefore How many units were completed during the period were 11,670

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3 years ago
The Atlanta Braves signed an outfielder to a five-year contract. The contract calls for the following cash flows: a signing bonu
Aleonysh [2.5K]

Answer:

$63.56 million

Explanation:

We are to find the present value of the cash flows in order to determine the value of the contract today

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

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Cash flow in year 2  = $13.36 million

Cash flow in year 3  = $14.17 million

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Cash flow in year 5  = $16.43 million

I = 6%

Present value = $63.56 million

To find the PV using a financial calculator:

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 NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

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