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Ann [662]
3 years ago
6

Brock Company makes candy. During the most recent accounting period Brock paid $3,000 for raw materials, $4,000 for labor, and $

2,000 for overhead costs that were incurred to make candy. Brock started and completed 10,000 units of candy of which 8,000 were sold. Based on this information Brock would recognize which of the following amounts of expense on its income statement?
a. $1,800.
b. $2,000.
c. $9,000.
d. None of the above.
Business
1 answer:
Ganezh [65]3 years ago
4 0

Answer:

C

Explanation:

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Swifty Corporation sells one product and uses a perpetual inventory system. The beginning inventory consisted of 79 units that c
olga55 [171]

Answer:

Cost of goods sold  =  $6408

Explanation:

given data

beginning inventory = 79 units

cost = $18 per unit

purchased = 485 units

each cost =  $18

totaled = 356 units

Sales = $43 each

to find out

cost of goods sold using the LIFO method

solution

we get here Cost of goods sold using LIFO would be here

Cost of goods sold  = 356 units @ $18 per unit    .................1

Cost of goods sold  =  356 × $18

Cost of goods sold  =  $6408

5 0
3 years ago
According to the affordable care act new health insurance marketplaces are established by the
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6 0
3 years ago
The value of a share of common stock depends on the cash flows it is expected to provide, and those flows consist of the dividen
Svetach [21]

Answer:

marginal investor

equal

less

infinite

Explanation:

the value of a stock depends on the sum of the value of the dividend yield and capital gains yield

dividend yield = dividend / price of the stock

capital gains yield is a change in the value of the stock as a result of appreciation in the value of the stock.

The intrinsic value of a stock can be calculated using various dividend models. some of them include :

  1. The Gordon constant growth dividend model
  2. The two stage dividend growth model
  3. The H-model
  4. The three stage dividend growth model

The market is in equilibrium when price equal intrinsic value

a stock is undervalued when the price of the stock is less than its intrinsic value

A stock is overvalued when the price of the stock is greater than its intrinsic value.

An investor would want to purchase a stock that is undervalued so that they can take advantage of increase in the value of the stock

Th dividend used to calculate the intrinsic value is infinite. This is because dividends are paid infinitely as long as the investor holds the stock and the company exists

3 0
3 years ago
ACTIVIDAD No. 03. Contabilice las siguientes transacciones realizadas por la empresa Castrillón &amp; Cía. Ltda. a. Vende mercan
tamaranim1 [39]

Answer:

280000 is the answer ok

Explanation:

kajj

5 0
3 years ago
Accrual accounting: A. results in the balance sheet showing the fair value of the entity's assets. B. is designed to match reven
satela [25.4K]

Answer:

The answer is B. is designed to match revenues and expenses.

Explanation:

Accrual Accounting method records revenues and expenses when they are incurred, regardless of when cash is received or paid.

5 0
3 years ago
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