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2 years ago

11

Under the average cost method, the flow of costs through the accounting records will ___ to the physical flow of goods through t

he business.
A. Be nearly opposite
B. Have no relationship
C. Exactly match
D. Match closely

1 answer:

cricket20 [7]2 years ago

7 0

I think it's D
I hope this helps

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Your parents have accumulated a $120,000 nest egg. They have been planning to use this money to pay college costs to be incurred

mafiozo [28]

Answer and Explanation:

The computation is shown below:

a. For computing the number of money required at the end of four years first we need to find out the present value i.e to be shown in the attachment

Given that,

Future value = $0

Rate of interest = 7%

NPER = 4 years

PMT = $10,000

The formula is shown below:

= PV(Rate;NPER;PMT;FV;type)

So, after applying this, the present value is $33,872.11

Now the net nest egg is

= $120,000 - $33,000 - $33,872.11

= $53,127.89

Now the future value is

= Present value × (1 + interest rate)^number of years

= $53,127.89 × (1 + 0.07)^4

= $69,639.83

b. Now to find out the number of years required to stay in school we need to use the NPER formula i.e be to shown in the attachment

Given that,

Present value = $69,639.83

Future value = $0

Rate of interest = 7%

PMT = $24,060

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after applying this, the answer would be 3.35 years

6 0

3 years ago

Mason Company manufactures and sells shoelaces for $3.90 per pair. Its variable cost per unit is $3.50. Mason's total fixed cost

irinina [24]

Answer:

31,000

Explanation:

Given that,

Selling price = $3.90 per pair of shoes

Variable cost = $3.50 per unit

Total fixed cost = $12,400

Contribution margin per unit:

= Selling price - Variable cost

= $3.90 - $3.50

= $0.40

Pairs must Mason sell to break even:

= Fixed cost ÷ Contribution margin per unit

= $12,400 ÷ $0.40

= 31,000

5 0

2 years ago

Prior to investing, you should..

mash [69]

I Think The answer is b I hope it will help you just Trying To help others

8 0

3 years ago

not-for-profit organization held the following investments: Investment Cost Fair value (beginning of year) Fair value (end of ye

arsen [322]

Answer:

$14,900

Explanation:

not-for-profit organization will report the investments at the fair value of the investments end of year, in the year-end statement of financial position.

Here,

Investment Fair value (end of year)

Stock A (100 shares) $51

Stock B (200 shares) $49

Stock A = (100 * 51) = $5,100

Stock B = (200 * 49) = $9,800

Total Investment fair value at end of year = $14,900

$14,900 will be the amount reported in stock investments in the year-end statement of financial position.

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2 years ago

Frozen Gold is a fast-growing chain of ice cream shops. It has acquired an edge over its competitors through its ability to prov

irina [24]

B.

Customers will have a variety of flavors to choose from

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2 years ago