Max worked 48 hours last week. What is his gross pay for the week if his regular hourly pay is 13.50

The accounting records of Tuel Electronics show the following data.Beginning inventory 3,880 units at $8Purchases 8,660 units at

Scrat [10]

Answer:

FIFO

FIFO means First in First Out. This method values cost of sales at the earliest prices

Cost of Goods Sold = (3,880 units × $8) + (5,430 units × $10)

= $85,340

LIFO

LIFO means Last in Fist Out. This method values cost of sales at the latest prices.

Cost of Goods Sold = (8,660 units × $10) + (650 units × $8)

= $91,800

Weighted Average Cost

The unit cost is re-calculated with every new purchase of units made. The cost of sale will be valued on the newly calculated average unit cost.

Unit Cost = Total Cost ÷ Total Units

= (3,880 units × $8) + (8,660 units × $10) / 12,540 units

= $9.381

Cost of Goods Sold = Units Sold × Unit Cost

= 9,310 units × $9.381

= $ 87,337.11

7 0

2 years ago

Please help ASAP and DO NOT USE LINKS IN ANSWER THEY DO NOT WORK. 25pts

natali 33 [55]

Answer:

Tell Me About Yourself.

How Did You Hear About This Position?

Why Do You Want to Work at This Company?

Why Do You Want This Job?

Why Should We Hire You?

What Can You Bring to the Company?

What Are Your Greatest Strengths?

What Do You Consider to Be Your Weaknesses?

yes

because they are getting to know you and want to know what you would do as a worker. like when they ask : Why Should We Hire You, What Are Your Greatest Strengths, What Do You Consider to Be Your Weaknesses?

Explanation:

6 0

2 years ago

Read 2 more answers

Stemway Company requires a new manufacturing facility. It found three locations; all of which would provide the needed capacity,

PolarNik [594]

Answer:

Location C costs least to the company as it only costs $461,160

Explanation:

We will evaluate all the three proposals

Location A Cost = $500,000

Location B

Down payment = $100,000

Annual year end payment = $50,000 for upcoming 20 years

Present value @ 8% = ( ${\sum \frac{1}{(1+0.08){^1}}+ \frac{1}{(1+0.08){^2}}+ ........ \frac{1}{(1+0.08){^2^0}}}) \times $50,000$ = 9.818 X $50,000 = $490,900

Net Present Value = $100,000 + $490,900 = $590,900

Location C

Payment of $40,000 at the beginning of each year, which means first payment will not be discounted and remaining 24 payments will be discounted.

Thus Present Value = $40,000 +( ${\sum \frac{1}{(1+0.08){^1}}+ \frac{1}{(1+0.08){^2}}+ ........ \frac{1}{(1+0.08){^2^4}}}) \times $40,000$ = $40,000 + 10.529 X $40,000 = $40,000 + $421,160 = $461,160

Thus Location C costs least to the company as it only costs $461,160

7 0

3 years ago

if you want to determine the equal annual end of year payments necessary to amortize fully $6,000,10%loan over 4 years

Oduvanchick [21]

Answer:

$2,400.

Explanation:

$6,000×10%4years
100
$60×10×4
$600×4
$2,400.

5 0

3 years ago

If a chart indicates that both the Dow Jones Industrial Average and the advance/decline line have been increasing since January,

pantera1 [17]

Answer:

B. Continue to rise

Explanation:

Since if the chart represents the DJIA and the line of advance or decline rises since the month of January and still it continues to be rise so the market should considered that the more and more stocks are increasing in terms of price rather than dropping

Therefore the correct option is B. continue to rise

3 0

3 years ago