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Liula [17]
3 years ago
9

Marquis Company uses a weighted-average perpetual inventory system.

Business
1 answer:
bogdanovich [222]3 years ago
6 0

Answer:

The correct answer is "$136.44"

Explanation:

According to the question,

Total units will be:

= 10 \ unit+15 \ unit

= 25 \ unit

Average cost will be:

= \frac{[(10\times 12)+(15\times 14)]}{29}

= \frac{120+210}{29}

= \frac{330}{29}

= 11.38 ($)

hence,

The cost of sale will be:

= Units \ sold\times Average \ cost

= 12\times 11.38

= 136.44 ($)

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The Bakery produces organic bread that is sold by the loaf. Each loaf requires 1/2 of a pound of flour. The bakery pays $2.50 pe
Ber [7]

Answer:

Data Table

Month July August September The third quarter

Flour budget (pound) 938 pounds 1,108 pounds 996 pounds 3,042 pounds

Flour budget (USD) $2,345 $2,770 $2,490 $7,605

Explanation:

Flour needs to produces organic bread:

In July = 1,500 x 1/2 = 750 pounds

In August = 1,880 x 1/2 = 940 pounds

In September = 1,680 x 1/2 = 840 pounds  

In October = 1,560 x 1/2 = 780 pounds

Flour needs on hand at the end of:

July = 940 x 20% = 188 pounds

August = 840 x 20% = 168 pounds

September = 780 x 20% = 156 pounds

Total flour needs:

In July = 750 + 188 = 938 pounds

In August = 940 + 168 = 1,108 pounds

In September = 840 + 156 = 996 pounds  

In the third quarter = 3,042 pounds

The bakery pays $2.50 per pound of the organic flour used in its loaves.

In July = 938 pounds x $2.50 = $2,345

In August = 1,108 pounds $2.50 = $2,770

In September = 996 pounds  $2.50 = $2,490

In the third quarter = $7,605

Data Table

Month July August September The third quarter

Flour budget (pound) 938 pounds 1,108 pounds 996 pounds 3,042 pounds

Flour budget (USD) $2,345 $2,770 $2,490 $7,605

7 0
3 years ago
Which of the following statements regarding net operating losses generated in 2020 is true? A) A corporation can carry NOLs back
Butoxors [25]

Answer:

D) A corporation can carry over the NOL indefinitely.

Explanation:

A net operating loss (NOL) can said to exists in a situation where a company's or organization deductions exceed their taxable income and A NET OPERATING LOSS can as well help benefit a company by trying to reduce their taxable income in the future which is why NOLs may now be carried forward indefinitely until such loss is fully recovered, Although they are said to be limited to only 80% of that taxable income in any one tax period which is why these NOLs can be carried forward indefinitely instead of them been limited to only 20 years.

6 0
3 years ago
Read 2 more answers
The Bert Corp. and Ernie, Inc., have both announced IPOs. You place an order for 1,150 shares of each IPO. One of the IPOs is un
Tems11 [23]

Answer:

The Bert Corp. and Ernie, Inc.

The profit expected is:

= $2,875.

Explanation:

a) Data and Calculations:

                           The Bert Corp.    Ernie, Inc.

IPO order placed  1,150 shares      1,150 shares

Underpriced by       $18.00

Overpriced by                                   $6.50

Profited expected    $10,350          -$7,475

Net profit = $2,875 ($10,350 - $7,475)

b) The profit expected is generated from the underpriced stock.  This profit is reduced by the increased cost incurred on the over-priced stock.  Therefore, the net profit is the difference between the profit and the additional cost incurred.

8 0
3 years ago
What is the approximate market value of a $1,000 corporate bond that pays 8 percent interest when comparable bonds are paying 8
Alex

Answer:

C. $1000

Explanation:

The computation of the approximate market value is shown below:

Current yield = Annual coupon payment ÷ market value

8% = ($1,000 × 8%) ÷ market value

8% = $80 ÷ market value

So, the market value is

= $80 ÷ 0.08

= $1,000

Hence, the approximate market value is $1,000

Therefore the correct option is c.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

6 0
3 years ago
Does it make sense? Is it reasonable? Is it something consumers will get excited about? Does it take advantage of an environment
aliya0001 [1]

Answer: (E) Product/service

Explanation:

 The product or the service is basically refers to the feasibility component that helps in analyzing the feasibility of the given products component in the market.

The main objective of the products and the service feasibility analysis is that it helps in analyzing the main idea of the business on the basis of demand and the desirability in the market.

According to the given question, the product/service is one of the type of component in the feasibility analyzing that helps in the process of products development.  

 Therefore, Option (E) is correct answer.      

 

5 0
3 years ago
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