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Shtirlitz [24]
3 years ago
8

A company had the following purchases and sales during its first year of operations: Purchases Sales January: 23 units at $205 1

7 units February: 33 units at $210 17 units May: 28 units at $215 21 units September: 25 units at $220 20 units November: 23 units at $225 25 units On December 31, there were 32 units remaining in ending inventory. Using the Perpetual LIFO inventory valuation method, what is the cost of the ending inventory
Business
1 answer:
hodyreva [135]3 years ago
6 0

Answer:

$6,755

Explanation:

The computation of the cost of the ending inventory using the perpetual LIFO method is as follows:

For January:

Total value = Units remaining in inventory × cost per unit

= (23 - 17) × $205

= $1,230

For February:

Total value = Units remaining in inventory × cost per unit

= (33 - 17) × $210

= $3,360

For May:

Total value = Units remaining in inventory × cost per unit

= (28 - $21) × $215

= $1,505

For September:

Total value = Units remaining in inventory × cost per unit

= (25 - 20) × $220

= $1,100

For November:

Total value = Units remaining in inventory × cost per unit

= (25 - 23) × $220

= $660

Cost of the ending inventory:

= $1,230 + $3,360 + $1,505 + $660

= $6,755

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djyliett [7]

Answer:

a. soldiering

Explanation:

According to my research on scientific management studies, I can say that based on the information provided within the question this behavior of the workers is known as soldiering. This term is when a group of workers pressure each other to maintain the work-flow and productivity low, since if productivity is maintained low then the wages would stay up.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
If you deposit money today in an account that pays 13% annual interest, how long will it take to double your money? Round your a
garri49 [273]

Answer:

The deposits will double the initial investment after 5.67 periods

Explanation:

we solve for the time n at which a principal of 1 at 13% interest rate become 2

1(1+r)^n=FV\\1.13^n=2\\log_{1.13}2 =  n\\\frac{log 2}{log 1.13}  = 5.671417169

4 0
3 years ago
Suppose that a small family farm sold its output for $100,000 in a given year. The family spent $25,000 on fuel, $40,000 on seed
mina [271]

Answer:

0

Explanation:

Economic profit = accounting profit - implicit cost

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

accounting profit = revenue - explicit cost

Explicit cost includes the amount expended in running the business.

100,000 - (25,000 + 40,000 + 25,000) = 10,000

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6 0
3 years ago
____ components for eating disorders account for 40 to 60 percent of risk for anorexia
creativ13 [48]
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8 0
3 years ago
What output quantity will the monopolistically competitive firm produce to maximize profits?
saveliy_v [14]

The output quantity which the monopolistically competitive firm produce to maximize profits is when, "the marginal cost equals the marginal revenue."

In the monopolistically competitive firm, a monopolist can determine its profit-maximizing price and quantity by analyzing the marginal revenue and marginal costs of producing an extra unit. If the marginal revenue exceeds the marginal cost, then the firm should produce the extra unit.

The profit-maximizing quantity is the one at which the marginal revenue of the last unit was exactly equal to the marginal cost. Thus, producing any more or less would decrease profits.

Hence, the monopolistically competitive firm produce output quantity when the marginal cost equals the marginal revenue.

To learn more about the marginal cost and marginal revenue here:

brainly.com/question/14156745

#SPJ4

4 0
2 years ago
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