Answer:
$24,779
Explanation:
In order to calculating the ending inventory using the conventional retail inventory method. we required to do the following computations which are shown below:
Using cost method
Goods available for sale:
= Beginning inventory + Purchases
= $11,700 + $130,016
= $141,716
Using retail method
Ending inventory
= Beginning inventory + Purchases + Net markups - Net markdowns - sales revenue
= $19,700 + $169,800 + $101,00 - $6,800 - $157,900
= $34,900
Now
Cost to retail ratio = $141,716 ÷ ($19,700 + $169,800 + $101,00)
= $141,716 ÷ $199,600
= 0.71
So,
Estimated ending inventory at cost:
= Estimated ending inventory at retail × Cost to retail ratio
= $34,900 × 0.71
= $24,779
Based on the cost of the computer in terms of electricity, and the amount he paid for it, the percentage of the cost that the electricity made up is 54.898%.
<h3>What percentage of the cost did the electricity use?</h3>
First find the amount that Seth paid over the two and half years:
= Monthly payment x 2.5 years x 12 months a year
= 55.32 x 2.5 x 12
= $1,659.60
The cost of the computer over 7 years is:
= (0.79 per day x 365 x 7)
= $2,018.45
The percentage that electricity takes is:
= 2,018.45 / (2,018.45 + 1,659.60)
= 54.88%
Find out more on lifetime cost at brainly.com/question/3788454.
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Answer:
Aerospace/aeronautical engineering.
Chemical engineering.
Civil engineering.
Electrical/electronic engineering.
Mechanical engineering.
Engineering management.
Answer:
Chen should buy the new machine since it produces a positive NPV of $1,294
Explanation:
Summary of the Project Cash Flows is as follows :
Year 0 = ($120,000)
Year 1 to Year 10 = $18,900
The Project cost of capital = 9%
Calculation of the Project`s NPV :
<em>NPV can be calculated from this summary using a financial calculator as :</em>
<em>CF0 = ($120,000)</em>
<em>CF1 = $18,900</em>
<em>Nj = 10</em>
<em>i = 9 %</em>
<em>NPV = ? </em>
<em>NPV = $1,293.73 or $1,294</em>
The Project is accepted only if it has a Positive NPV
Conclusion,
Chen should buy the new machine since it produces a positive NPV of $1,294.
Answer:
$0
Explanation:
According to the scenario, computation of the given data are as follows,
Fixed costs are linked with fixed inputs, which do not fluctuate and remain constant in the short term.
The long run is a time during which all of the inputs are transformed into variables cost.
Hence, in long run, Kim's fixed cost will be $0.