A thesis statement should be clearly stated and narrowly focused. False
Answer:
Fixed
Explanation:
The government keeps the exchange rate FIXED the the same rate.
Answer:
exist 139,200
Explanation:
Assume that Pell allocates manufacturing overhead based on machine hours, estimated 10,000 machine hours and exist 87,000 that implies that the standard cost per machine hour = exist 87,000 / 10,000 = 8.7 exist
Therefore the manufacturing overhead costs if Pell actually used 16,000 machine hours will be: 16000 x 8.7 = exist 139,200
Answer:
$80,544
Explanation:
We will calculate the amount of cost of goods sold using FIFO as;
= (Beginning inventory unit × Cost of each inventory) + [(Units sold during the month - Beginning inventory units) × Unit cost of the first purchases made by the company]
= (488 × $65) + [(1,206 units - 488 units) × $68]
= $31,720 + $48,824
= $80,544
Therefore, the cost of goods sold using FIFO is $80,544
