Answer:
$500 shrinkage
Explanation:
Calculation to determine the amount of shrinkage occurred during the month
Using this formula
Shrinkage=Ending inventory-Actual count
Let plug in the formula
Ending inventory=$10,000 + $35,000 - $30,000 Ending inventory= $15,000
Shrinkage=$15,000 - $14,500
Shrinkage= $500
Therefore the amount of shrinkage occurred during the month is $500
Answer:
$0.44
Explanation:
Given that,
Beginning work in process = $5,500
Started in April = $18,500
Units completed = 42,500
Ending Work-in-Process = 12,500
Using the weighted-average method,
the cost per equivalent unit for materials is as follows:
= (Beginning work in process + Started in April) ÷ (Units completed + Ending Work-in-Process)
= ($5,500 + $18,500) ÷ (42,500 + 12,500)
= $0.44
Answer:
operation cash flow ( OCF ) is $98800
Explanation:
given data
number of units = 3800 units
variable cost = $185 per unit
fixed costs = $364,000
depreciation expense = $104,000
sales price = $305 per unit
tax rate = 35 %
fix cost = $360,000
to find out
what is the OCF given this analysis
solution
we know operation cash flow ( OCF ) is express as
OCF = [ { selling - variable cost ) × no of units } - fixed cost ] × [ tax rate ] + [ deprecation × tax rate ] ..............................1
put here all these value
OCF = [ { 305 - 185 ) × 3800 } - 360000 ] × [ 35% of income before tax ] + [ 104,000 × 0.35 ]
OCF = 96000 - 0.35×96000 + 36400
OCF = 62400 + 36400
OCF = $98800
Can you re word the question please
