1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ICE Princess25 [194]
3 years ago
7

A company had the following purchases during the current year: January: 19 units at $129 February: 29 units at $139 May: 24 unit

s at $149 September: 21 units at $159 November: 19 units at $169 On December 31, there were 54 units remaining in ending inventory. These 54 units consisted of 11 from January, 13 from February, 6 from May, 13 from September, and 11 from November. Using the specific identification method, what is the cost of the ending inventory? a. $8,046. b.$7,877. c.$6,297. d.$6,239. e.$8,215.
Business
1 answer:
ycow [4]3 years ago
4 0

Answer: A - $8,046

Explanation: Inventory valuation using the specific identification method is a method used in getting the actual stock cost at their specific purchase price at a specified time during the year.

Jan - 11 units @129 =1,419

Feb - 13 units @139 = 1,807

May - 6 units @149 = 894

Sept - 13 units @159= 2,067

Nov - 11 units @ 169= 1,859

Total = $8,046

You might be interested in
which dimension of the triple bottom line seeks to benefit its employees, the local community, and other entities that are impac
murzikaleks [220]

<u>Social dimension</u> f the triple bottom line seeks to benefit its employees, the local community, and other entities that are impacted by the firm's existence.

<h3>What is social dimension?</h3>

The term "dimension" can be used to describe a feature, appearance, stage, or situation of something. Social, on the other hand, is what connects society: the group of people who live in the same area and adhere to the same laws.

We can comprehend what the social dimension is thanks to these definitions. This is the term of the group of elements involved in the interactions between people and societal life.

The social component might be seen as having to do with how someone is socialized. Humans are social creatures that rely on others to meet their material and symbolic needs. A person must master all of the social tools that are innate to him in order to fully realize himself.

Learn more about social dimension

brainly.com/question/7019393

#SPJ4

3 0
2 years ago
Instructions: Following programs has some errors. Locate as many as you can.
lbvjy [14]

Answer:

#include <iostream>

using namespace std;

int main()

{

   double number1, number2, sum;

   cout<<"Enter a number: ";

   

   cin >> number1;

   

   cout<<"Enter another number: ";

   

   cin >> number2;

   sum = number1 + number2;

   

   cout <<"The sum of two numbers is "<< sum <<endl;

   return 0;

}

Explanation:

The correct program can be seen above.

You need to add  #include <iostream> and using namespace std; before your main function. Other issues are following;

Line 4, 5, 6, 7, 9 -> cout and cin must start with a lowercase letter

Line 5 -> cin >> number1;

Line 7 -> cin >> number2;

Line 8 -> sum = number1 + number2;

Line 9 -> cout << "The sum of two numbers is " << sum << endl;

7 0
3 years ago
Suppose that there are no storage costs for crude oil and the interest rate for borrowing or lending is 5% per annum. How could
mario62 [17]

Answer:

$4.50

Explanation:

In order to make a profit from the futures contracts, it would be appropriate to take a long position in the  June futures contract(buy) and take a short position in the December futures contract.

The investor would borrow $60 today which would necessitate paying back $60 plus a half-year in interest payment.

loan repayment=$60*(1+5%/2)=$ 61.50  

In December, sell crude oil at $66 and repay the loan principal and interest

profit=$66-$61.50=$4.50

5 0
3 years ago
What changes can the company/brand expect in the future? how can the company/brand better serve its customers? include informati
Flura [38]
Big corporations usually make plans for the future for as much as 10 years in advance. Threats usually come in the form of changing economy, failing banks, rising tides of political influence, or anything similar. What can be expected can often be seen by analyzing not only the sales data and conducting surveys, but by keeping in mind what is happening on a global level.
4 0
3 years ago
Durable goods $3,000
mixer [17]

Answer:

c. $11,450

Explanation:

GDP = Consumption (C) + Investment (I) + Government Expenditure (G) + Net Export (NX)

GDP = [Non durable goods+Durable goods+Services] + [Fixed investment+Inventory investment] + Government purchase + [Export-Import]

GDP = [$700+$3000+$6000] + [$850+$200] + $900 + [$600-$800]

GDP = $9700 + $1050 + $900 - $200

GDP = $11,450

6 0
3 years ago
Other questions:
  • Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses a
    8·1 answer
  • A firm is producing 24 units of output. At the 24th unit of output, marginal revenue is $5, and marginal cost is $4; at the 25th
    15·1 answer
  • When tax revenue is higher than government expenditures, the government incurs a:?
    12·1 answer
  • The Great Giant Corp. has a management contract with its newly hired president. The contract requires a lump sum payment of $25
    9·1 answer
  • You win a scratch off lottery ticket that promises to pay an initial payment of 10,000 next year and grow at a rate of 2% foreve
    13·1 answer
  • Williams Company purchased a machine costing $28,300 and is depreciating it over a 10-year estimated useful life with a residual
    5·1 answer
  • ________ involves the study of an individual's involuntary responses to marketing stimuli, including eye movement, heart rate, s
    6·1 answer
  • Isabelle has $84.00 in her account on Sunday. Over the next week, she makes the following changes to her balance via deposits an
    15·2 answers
  • g A company issues 9% bonds with a par value of $170,000 at par on January 1. The market rate on the date of issuance was 8%. Th
    9·1 answer
  • A city assesses property owners $50 million to extend sewer lines to their neighborhood. By year-end, however, it has not begun
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!