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Licemer1 [7]
3 years ago
6

Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.

Business
1 answer:
gayaneshka [121]3 years ago
3 0

Answer:

(a) FIFO cost $ 17,510.00  includes 20 units @ $63.00 per unit and 250 units @ $ 65.00 per unit.

(b) LIFO cost $ 15,900.00  includes 115 units @ $53.00 per unit, 135 units @ $63.00 per unit and 20 units @ $65.00 per unit.

(c) Weighted average cost $ 16,838.76 includes 270 units @ $62.37 per unit.

(d) Specific identification cost $ 16,240.00 includes 85 units @ 53.00 per unit, 30 units @ 58.00 per unit, 40 units @  63.00 per unit and 115 units @65.00 per unit.

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In​ 2011, the value of the GDP deflator is 113. ​(Enter your response rounded to the nearest whole​ number.) In​ 2012, the value
kirill [66]

Answer:

2011 = 113

2012 = 119

Explanation:

The computation is shown below:

GDP deflator  = (Nominal GDP) ÷ (Real GDP) × 100

For 2011, it would be

                       = ($​13,495 billion) ÷ (​$11,919 billion) × 100

                       = 113

For 2012, it would be

                       = ($14,241 billion) ÷ (​$12,007 billion) × 100

                       = 119

In order to find out the GDP deflator, we divided the Nominal GDP by the Real GDP

3 0
3 years ago
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $81,400.
ivann1987 [24]

Answer:

$7,326

Explanation:

Double Decline Balance = 2 x SLDP x SLDBV

where,

SLDP = Straight Line Depreciation Percentage

          = 100 ÷ useful life

          = 100 ÷ 20

          = 5 %

and

SLDBV = Straight Line Percentage Book Value

Year 1

Double Decline Balance = 2 x 5% x $81,400

                                           = $8,140

Year 2

Double Decline Balance = 2 x 5% x ($81,400 - $8,140)

                                           = $7,326

Therefore

The machine's second-year depreciation using the double-declining balance method is $7,326.

4 0
3 years ago
Feiler Corporation has total current assets of $493,000, total current liabilities of $357,000, total stockholders' equity of $1
Citrus2011 [14]

Answer:

The answer is C.

Explanation:

Current ratio shows the liquidity of of a company. This ratio tells us how a company or business is able to meet its short obligation.

This ration is very important to lenders because they use it to know of you will be able to meet the interest payment and principal

The formula for current ratio is:

Current assets/current liabilities

Total current assets is $493,000, Total current liabilities is $357,000

= $493,000/$357,000

=1.38

3 0
3 years ago
you sell 300 laptops per week at $690 per laptop. You sell 432 tablets per week at $590 per tablet. Which generates more dollars
vitfil [10]
300 X $690 = $207,000

432 X $590 = $254,880

Hope this helps!
STSN
4 0
3 years ago
Read 2 more answers
Why do large media companies have so much control
gtnhenbr [62]

Answer: Big Tech companies thrive on consumer data.

Explanation: So you can limit there power by imposing

6 0
2 years ago
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