Answer: Average unit cost=$5.800 per unit
Cost of Ending inventory =$3,190
Explanation:
Average unit cost
First purchase= 650 units x $4=$2,600
Second Purchase=750 units x $6 =$4,500
Third Purchase= 850 units x $7 = $5,950
Total Cost = $13,050
Average unit cost = Total cost/ number of units =13,050/(650+750+850)= 13,050/2250= $5.8 per unit
Cost of Ending inventory = 550 unts at hand x $5.8 =$3,190
(using the average cost method)
Answer:
$2,141.16
Explanation:
The formula and the computation of the future value is shown below:
Future value = Present value × (1 + rate)^number of years
where,
Present value = $1,600
Rate = 6%
Number of years = 5 years
So, the future value
= $1,600 × (1 + 0.06)^5
= $1,600 × 1.3382255776
= $2,141.16
Hence, the future value is $2,141.16
We simply applied the above formula to determine the future value
Answer:
currency offset
Explanation:
In simple words, An alternative means taking an opposing part in the stock markets in comparison to an initial starting position. In company, an offset may relate to the situation where damages arising from one business segment are compensated for by profits from another.
Within the financial markets, a investor joins an analogous, but contrary, contract to cover a futures contract that excludes the actual underlying delivery obligations. Thus, we can conclude that the given case illustrates offset settings.
It can make them feel uncomforable and feel like you don't like them or make them feel a certain way that is not usually good
Answer:
B: the firm's income will remain unchanged whether it sell tortillas or taco shells
Explanation:
The firm's income will still be the same because additional cost are incurred when producing the taco shells see below for calculation
When the firm processes tortillas: it makes a revenue of $22,500 and a cost of $8,000 realizing a profit of $14,500.
When the firm decides to fry the tortillas to make hard taco shells: it makes a revenue of $26,700 and total cost of $12,200 ($8,000+$4,200) then realizing a profit of $14,500.
Thus, the reason the profit won't change is because the firm incurred additional cost in processing the taco shells.