Answer:
The correct answer is A.
Explanation:
Giving the following information:
Beginning finished goods inventory= $40,000
During the period cost of goods manufactured amounted to $280,000. The ending balance in the Finished Goods Inventory account was $42,000.
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 40,000 + 280,000 - 42,000
COGS= 278,000
Answer:
The consumer's level of involvement can lead to two types of buying decisions: limited problem solving or extended problem solving
Explanation:
limited problem solving:
It is a problem solving process in which customer is only willing to put very little effort to make a purchase decision in order to fulfill his want or need. Purchaser uses simple decision rules for reaching a a purchase decision with minimal research done. He is not much concerned about the best solution and has limited resources and time for searching information and assessing each alternative thoroughly.
For example: you need a new pair of joggers for gym. You are already have an idea about joggers and know about new available materials and attributes. So you might do a bit research online and come to a decision comparatively quickly. You might consider your favorite outlet instead of searching for the joggers at every outlet. So you take buying decision limiting involvement in this process.
extended problem solving
In this process the costumer attempts to collect as much information as possible, and thoroughly assess and evaluate product alternatives. So in this situation buyer don't have much idea about the product brands, attributes and characteristics to access the product. Purchaser will research, differentiate and put a lot of effort for taking best buying decision that will fulfill his needs. prior to purchasing the product, he might visit various outlets, research online, search for reviews and suggestions, take information from outlet staff. about the product Marketer should provide with such information to customer.
For example high value items like car, a house etc. Such items are not purchased often so the consumer will invest a lot of time in research and comparison in order to take the best decision.
Answer: 1.89%
Explanation:
You can use Excel to find the IRR here:
Investment amount should be first as shown and should be in negative.
The cash flows will then follow each other by year.
Use the =IRR formula to select all the cells and the IRR will show.'
IRR here = 1.89%
Answer:
Given,
Annual demand, D = 12500,
Setting up cost, S = $ 49,
Production rate per year, P = production facility × capability of production = 300 × 105 = 31500,
Holding cost per year, H = $ 0.15,
Hence,
(i) Optimal size of the production run,
(ii) Average holding cost per year,
(iii) Average setup cost per year,
(iv) Total cost per year = average setup cost per year + average holding cost per year + cost to purchase 12500 lights
= 166.44 + 166.48 + 12500(0.95)
= $ 12207.92
Answer:
total amortization expense = $5400
so correct option is C) $5,400
Explanation:
given data
purchase price = $67,500
time period = 75 months
months = 6th
to find out
total amortization expense
solution
we get here total amortization expense that is express as
total amortization expense = 
×months ...............1
put her value we get
total amortization expense = 
× 6
total amortization expense = $5400
so correct option is C) $5,400
