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marusya05 [52]
3 years ago
7

In its first month of operations, Cheyenne Corp. made three purchases of merchandise in the following sequence: (1) 185 units at

$5, (2) 570 units at $6, and (3) 130 units at $7.Assuming there are 260 units on hand, compute the cost of the ending inventory under the (a) FIFO method and (b) LIFO method. Cheyenne uses a periodic inventory system.
Business
1 answer:
Dimas [21]3 years ago
7 0

Answer:

a.  $1,375

b. $1,240

Explanation:

FIFO method

FIFO assumes that the inventory to arrive first will be sold first. Inventory values depend on  earlier purchases

Inventory =  185 x $5 + 75 x $6

                = $1,375

LIFO method

LIFO assumes that the inventory to arrive last will be sold first. Inventory values depend on recent purchases

Inventory =  130 x $7 + 55 x $6

                = $1,240

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Answer:

The answer is below.

Explanation:

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For x < 1995 millimeters:

z=\frac{x-\mu}{\sigma/\sqrt{n} }=\frac{1995-2000}{18/\sqrt{100} }  =-2.78

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b) P(z > z*)  = 10% = 0.1

P(z < z*) = 1 - 0.1 = 0.9

z* = 1.28

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From the normal distribution table, P(z < z

6 0
3 years ago
Matt and Claire go into an interview for the same position and they get asked very different questions depending on how the inte
Akimi4 [234]

Answer:

Unstructured interview

Explanation:

Unstructured interview is defined as one in which the questions asked are not prearranged. Rather they are spontaneous and questions to be asked are formulated during the course of the interview.

On the other structured interview is when questions are prearranged and candidates are asked the same questions.

So when Matt and Claire go into an interview for the same position and they get asked very different questions depending on how the interview is going, they are answering unstructured interview questions.

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The type of scarcity in the cartoon?​
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Economic cartoons is your answer
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Answer:

The WACC is 11.64%

Explanation:

The weighted average cost of capital or WACC is the cost to firm of raising its total capital based on its capital structure. The capital structure of the firm can contain debt, preferred stock and common stock. The WACC take the weight of each component as a proportion of total value of assets and multiply it by the rate of return or cost of each component.

WACC = wD * rD * (1-tax rate)  +  wE *rE

Where,

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  • rD and rE are the cost of debt and cost of equity
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3 years ago
Assume that the dollar is selling at a premium on the 30-day dollar/euro forward market. Which of the following is true of the f
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