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ASHA 777 [7]
3 years ago
11

Using the fifo method what is the cost of goods sold in september

Business
1 answer:
valina [46]3 years ago
3 0

Answer:

1805

Explanation:

Number of units sold in September = 160 units

Using the first - In, First out inventory method : assumes that the oldest (first) inventory items have been sold first.

Inventory items will first be sold from April, the May and so on :

Unit price in April = $11 ; Number of items = 115

($11 * 115) = $1265

(160 - 115) = 45 units

This 45 units will be sold at unit price for May :

(45 * $12) = $540

Cost of goods sold in September :

$1265 + $540 = $1805

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Answer:

17.76%

Explanation:

The computation of the time-weighted return on your investment is given below

But before that we have to do the following calculations

Year 1 = ($46.50 - $42.50) + 2 ÷ ($42.50) × 100 = 14.12%

Year 2 = ($54.50 - $46.50) + 2 ÷ ($46.50) × 100 = 21.51%

Now the time weighted return is

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3 years ago
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Answer:

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Market segmentation is the process of dividing a market into distinct groups of buyers who have different needs, characteristics, or behavior.

The businesses use market segmentation to separate each market from another to study their demand closely. It helps them in catering to them according to their characteristics. They are able to treat every market according to its unique characteristics and generate more profit while doing that.

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3 years ago
The following cash transactions occurred during the period. INTEREST RECEIVED IN CASH $18,000
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Answer:

OPERATING ACTIVITIES

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a) true

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The aim of this system is to conduct each and every business activity in an effective and efficient manner so that each one can share the database so that tracking could be done that helps to reduce the time and cost.

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3 years ago
On a backpacking trip through Europe, Troy spent 20 Swiss francs to stay one night in a youth hostel. If the foreign exchange ra
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He spent 9.09 american dollars.

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