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aleksley [76]
2 years ago
10

Carrington Corp. uses a periodic system and the LIFO method. Carrington had beginning inventory of 30 units purchased at $120 ea

ch and made the following purchases during the year: Jan. 15: 34 units at $110 May 30: 61 units at $84 Oct. 20: 160 units at $60 Sales during the year totaled 271 units. What is the cost of ending inventory
Business
1 answer:
dimulka [17.4K]2 years ago
5 0

Answer:

the cost of ending inventory is $1,680

Explanation:

The computation of the cost of ending inventory is shown below:

But first determine the ending units

Ending inventory units is

= 30 units + 34 units + 61 units + 160 units -271 units

= 14 units

Now

The Cost of ending inventory is

= 14 units × $120

= $1,680

hence, the cost of ending inventory is $1,680

And, the same is to be considered

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Your firm is considering opening a branch office in Kyle. The office would cost $485,000 to build the office. During the office
wariber [46]

Answer:

The NPV from opening the branch office is negative ( -$106668.08). Thus the branch office should not be opened.

Explanation:

The decision to open the branch office will be taken based on the NPV provided by opening of the branch office. If the NPV of a project is positive based on the required rate of return used as a discount rate fro cash flows, the investment is worth undertaking.

The net present value (NPV) for a project can be calculated as,

NPV = CF1 / (1+r)  + CF2 / (1+r)²  + ...  + CFn / (1+r)^n  -  Initial Outlay

Where,

  • r is the appropriate discount rate
  • Initial Outlay is the Initial cost of the project
  • CF represents cash flows from the project

As the required return is 16%, we will take this as the appropriate discount rate.

NPV = 45000 / (1+0.16)  +  120000 / (1+0.16)²  +  150000 / (1+0.16)³  +

150000 / (1+0.16)^4  +  150000 / (1+0.16)^5  -  485000

NPV = - $106668.08

As the NPV from project is negative at a required return of 16%, the project should not be under taken and the branch office should not be open.

7 0
3 years ago
Rebecca began taking
Naily [24]

Answer:

be more specific

Explanation:

6 0
3 years ago
What are consumer motives?
Marrrta [24]

Explanation:

The motivation for consumption comes from individual needs and desires, which may occur consciously and unconsciously. To meet their needs and wants, people identify and buy products and services that are compatible with their satisfaction.

There are several surveys and studies that seek to identify consumer behavior and explain how the purchasing decision process occurs. One of the most widespread theories in the world is Maslow's theory, which presented a hierarchy of needs that aims to identify a priority system of human needs satisfaction, divided into five parts, which are arranged in order of importance:

  1. physiological,
  2. safety,
  3. love,
  4. esteem and
  5. self-actualization

This theory is of great relevance to help marketers target their strategy according to the priority and need of individuals, including in their campaigns messages that send the consumer a sense of urgency for the product or service, directing marketing communication to the bottom of the hierarchy, which is the consumer's priority.

3 0
3 years ago
Marketing News is a magazine from the American Marketing Association that covers all aspects of the marketing industry. It is ma
KatRina [158]

Answer:

Vertical publication

Explanation:

Vertical publication are those types of publications where the editorial content is majorly focused on one type of industry or business. They are similar to trade magazines. In this case, the publication is concerned and majorly focused on marketing industry, hence why we refer to it as a vertical publication. They are publications usually written to benefit a particular business, industry or profession.

3 0
3 years ago
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Does listening to soothing music help employees concentrate better? A psychologist studied the number of puzzles employees of a
ololo11 [35]

Answer:

Total puzzles solved expected by an employee: 2.61

Explanation:

we multiply each outcome by the probability adn then add them together. Thus, we are doing a weighted-average

0 x 0.06  =      0.00

1 x 0.16    =      0. 16

2 x 0.19   =      0.38

3 x 0.32  =      0.96

4 x 0.24  =      0.96

5 x 0.03  =<u>      0. 15 </u>

Total puzzles  2.61

8 0
3 years ago
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