Answer:
a. 11,000 units
Explanation:
Particulars Amount
Expected Sales (units) 12,000 [3000+4750+4250]
Add: Ending inventory 18,000
Less; Beginning inventory <u>19,000</u>
Number of units expected to be manufactured <u>11,000 </u>
Answer:
(a)
Payment = $4,459
(b)
payment = $4,120
Explanation:
solution
we know that Payment will be here
in 1st part (a)
payment = Mercahndise - sales and allwances - discount + frieght ..............1
so here
Discount = (merchandise - sales return and allowance) × Discount% .........2
put here value
Discount = ( 5,700 - 1600 ) × 1%
Discount = $41
so
from equation 1 payment will be
Payment = 5700 - 1600 - 41+400
Payment = $4,459
and
in 2nd part (b)
from equation 2
put the value
Discount = (4,800 - 800 ) × 2%
Discount = $80
so
Payment will be here
payment = 4800 - 800 - 80 + 200
payment = $4,120
So, the dollar price of the jeans is the nominal variable, and the relative price is the real variable. The relative price of the jeans have been adjusted to inflation. The dollar price hasn't been adjusted for inflation, hence why it is the nominal variable (not adjusted for inflation).
