The cost of the ending inventory under the FIFO method is $1600. The cost of the ending inventory under the LIFO method is $1200.
Describe Inventory?Inventory refers to the stock of goods or materials that a company holds for sale, production, or other purposes. It includes both finished products ready for sale and raw materials, work-in-progress, and finished goods that are still in the production process.
Inventory management is an essential part of supply chain management, as it involves tracking and controlling the flow of goods from suppliers to manufacturers and then to customers. Inventory can be managed using various methods such as first-in, first-out (FIFO), last-in, first-out (LIFO), and weighted average cost.
Under the FIFO (first-in, first-out) method, the cost of the ending inventory is calculated by assuming that the first units purchased are the first ones sold, and the units that remain in inventory are the ones purchased most recently.
Since 200 units were purchased first at $6 each, they are assumed to be sold first, followed by 50 units from the purchase of 300 units at $7 each. This leaves 200 units from the most recent purchase of 400 units at $8 each in the ending inventory.
The cost of the ending inventory under the FIFO method is:
200 units x $8 = $1600
Under the LIFO (last-in, first-out) method, the cost of the ending inventory is calculated by assuming that the last units purchased are the first ones sold, and the units that remain in inventory are the ones purchased first.
Since 400 units were purchased last at $8 each, they are assumed to be sold first, followed by 50 units from the purchase of 300 units at $7 each. This leaves 200 units from the first purchase of 200 units at $6 each in the ending inventory.
The cost of the ending inventory under the LIFO method is:
200 units x $6 = $1200
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The complete question is:
In the first month of operations, Dieker Company made three purchases of merchandise in the following sequence: (1) 200 units at $6, (2) 300 units at $7, and (3) 400 units at $8. Assuming there are 250 units on hand.
Compute the cost of the ending inventory under the FIFO method and the LIFO method. Dieker uses a periodic inventory system.
FIFO $_____
LIFO $_____
A boy walks 5km due north and then 4km due east. Find the bearing of his current position from the starting point, how far is the boy now from the starting point
shareholders. Calculate the amount of dividend r of dividend received by Bishwant. Curriculum Development Centre. Sanothimi. Bhaktanur 65 Vedanta Excel in Mathematics - Booeceived by Mrs. Rai. b) A Business Company sold 2,500 shares at Rs 1,200 per share. Bishwant bought 450 shares. If the company earned a net profit of Rs 39,00.000 in a year and it announced to distribute 18% dividend from the net profit to its shareholders, find the amount
3900000×18% = 702000
702000÷2500 = 280.8 per share dividend
450×280.8 = 126360
why do we need to solve the volume of a figure? When do we need it in real life? Give a situation.
Answer:
we need to solve the volume of a figure in order to know the amount of substance in an object
we need volume in many area such as labs when mixing chemicals or vaccines
Step-by-step explanation:
(Guys I really need help with this one question) FGHIJ ~ YUVWX. Find UY and GH.
Answer:
UY = 90
GH = 4
Step-by-step explanation:
Property of similarity of two similar figures:
"If two figures are similar, their corresponding sides are proportional"
Since, FGHIJ ~ YUVWX
\(\frac{FG}{UY}= \frac{GH}{UV}= \frac{IJ}{WX}\)
\(\frac{10}{UY}= \frac{GH}{36}= \frac{6}{54}\)
\(\frac{10}{UY}= \frac{6}{54}\)
UY = \(\frac{54\times 10}{6}\)
UY = 90
\(\frac{GH}{36}= \frac{6}{54}\)
GH = \(\frac{6\times 36}{54}\)
= 4
GH = 4
2 3/4 of 500grams in step by step calculator
Answer:
To calculate 2 3/4 of 500 grams, follow these steps:
1. Convert the mixed number to an improper fraction:
2 3/4 = (2 x 4 + 3)/4 = 11/4
2. Multiply the improper fraction by 500:
11/4 x 500 = (11 x 500)/4 = 2,750/4
3. Simplify the fraction by dividing the numerator and denominator by their greatest common factor, which is 2:
2,750/4 = (2 x 1,375)/(2 x 2) = 1,375/2
Therefore, 2 3/4 of 500 grams is equal to 1,375/2 grams or 687.5 grams.
Step-by-step explanation:
How do I Use the order of operations to simplify the expression. 1/3+1/5x1/9
Answer:
Step-by-step explanation:
1/3+1/5×1/9 = 1/3+1/45 = 9/45+1/45 = 10/45 = 2/9
A plane leaves at 11:22 a.m. and arrives at 3:13 p.m.
How long was the flight?
O A. 3 hours 51 minutes
B. 3 hours 35 minutes
C. 14 hours 35 minutes
D. 4 hours 35 minutes
E. 8 hours 9 minutes
Answer:
A
Step-by-step explanation:
Which expression represents 3 more than twice a nummer 2+n+3
The expression that represents "3 more than twice a number" is 2n + 3.
The expression "3 more than twice a number" can be translated into an algebraic expression as 2n + 3, where "n" represents the number in question. To understand this expression, we first need to know the order of operations. In this case, "twice a number" means "2n", and "3 more than" means adding 3 to that result. Therefore, the entire expression becomes "2n + 3". It's important to remember that expressions like this are not equations, but rather just a way to represent a mathematical relationship. This type of expression is commonly used in algebraic problem-solving and can be manipulated to solve for different variables.
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Complete question:
Which expression represents "3 more than twice a number"? Choices:
2n−3
3−2n
2n+3
2+n+3
6. Find the value of the variable that results in congruent triangle
7. if you want to help with this one
Answer:
If you looking for what two variables your looking for the make both of them congruent it would be e and g and then k and f im not sure if thays the answear your looking for hope this helps.
Based on experience, the Ball Corporation’s aluminum can manufacturing facility in Ft. Atkinson, Wisconsin, knows that the metal thickness of incoming shipments has a mean of 0.2771 mm with a standard deviation of 0.000855 mm.
(a) A certain shipment has a diameter of 0.2742. Find the standardized z-score for this shipment. (Round your answer to 3 decimal places.)
z
(b) Is this an outlier?
Yes
No
Answer:
(a) The standardized z-score for this shipment is -3.392.
(b) Yes, this an outlier.
Step-by-step explanation:
We are given that the Ball Corporation’s aluminum can manufacturing facility in Ft. Atkinson, Wisconsin, knows that the metal thickness of incoming shipments has a mean of 0.2771 mm with a standard deviation of 0.000855 mm.
Let X = the metal thickness of incoming shipments.
The z-score probability distribution for the normal distribution is given by;
Z = \(\frac{X-\mu}{\sigma}\) ~ N(0,1)
where, \(\mu\) = mean thickness = 0.2771 mm
\(\sigma\) = standard deviation = 0.000855 mm
(a) Now, it is given that a certain shipment has a diameter of 0.2742 mm and we have to find the standardized z-score for this shipment.
So, z-score = \(\frac{X-\mu}{\sigma}\)
= \(\frac{0.2742-0.2771}{0.000855}\) = -3.392
Hence, the standardized z-score for this shipment is -3.392.
(b) Yes, we can consider this as an outlier because the standardized z-score is very large and this value is far from the population mean.
quadratic regression for (1,-8) (2,-4) (3,6)
The quadratic regressiοn equatiοn fοr the given data pοints is y = 5x² - 20x + 7
What is quadratic equatiοn?
A secοnd-degree equatiοn οf the fοrm ax² + bx + c = 0 is knοwn as a quadratic equatiοn in mathematics. Here, x is the variable, c is the cοnstant term, and a and b are the cοefficients.
Tο find the quadratic regressiοn equatiοn fοr the given data pοints, we need tο fit a quadratic equatiοn οf the fοrm y = ax² + bx + c tο the data.
We can start by using the three given pοints tο set up a system οf three equatiοns:
\((1,-8): a(1)^2 + b(1) + c = -8\\\\(2,-4): a(2)^2 + b(2) + c = -4\\\\(3,6): a(3)^2 + b(3) + c = 6\)
SimpIifying each equatiοn, we get:
a + b + c = -8 (equatiοn 1)
4a + 2b + c = -4 (equatiοn 2)
9a + 3b + c = 6 (equatiοn 3)
AIternativeIy, we can use technοIοgy such as a caIcuIatοr οr spreadsheet tο sοIve the system.
SοIving the system using technοIοgy, we get:
a = 5
b = -20
c = 7
Therefοre, the quadratic regressiοn equatiοn fοr the given data pοints is:
y = 5x² - 20x + 7
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For Mean = 73.19, Mode = 79.56 and Variance = 16, the Karl Pearson's Coefficient of Skewness will be -0.0256 -1.64 0.0256 0
Answer:
To calculate Karl Pearson's coefficient of skewness, we need to use the formula:
Skewness = 3 * (Mean - Mode) / Standard Deviation
Given the Mean = 73.19, Mode = 79.56, and Variance = 16, we need to find the Standard Deviation first.
Standard Deviation = √Variance = √16 = 4
Now we can substitute the values into the formula:
Skewness = 3 * (73.19 - 79.56) / 4
Skewness = -6.37 / 4
Skewness = -1.5925
Rounded to four decimal places, the Karl Pearson's coefficient of skewness for the given values is approximately -1.5925.
Solve the right triangle below. Round all your answers to the nearest tenth. Measure of angle Z = ______
Answer:
\(Measure \: of \: angle \: z = \boxed{ \tt{ 19.5\degree}}\)
Use Green's Theorem to evaluate the line integral along the given positively oriented curve. (5y + 9evx) dx + (10x + 7 cos(y2)) dy C is the boundary of the region enclosed by the parabolas y = x2 and x = y2 EXAMPLE 3 Determine whether or not the vector field F(x, y) = (2 + 8xy)i + (4x2 – 6y2); is conservative. SOLUTION Let P(x, y) = 2 + 8xy and Q(x, y) = 4x2 – 6y2. Then ad aQ - ду Also, the domain of F is the entire plane (D = R2), which is open and simply-connected. Therefore we can apply this theorem and conclude that
We can conclude that the result of the line integral applying Green's theorem is = 5/3 .
Given :
Use Green's Theorem to evaluate the line integral along the given positively oriented curve. ( 5y + 9evx ) dx + ( 10x + 7 cos(y^2 )) dy C is the boundary of the region enclosed by the parabolas y = x^2 and x = y^2 .
y = x^2 , x = y^2 , y = \(\sqrt{x}\) , \(x^2 = \sqrt{x}\) , x^4 = x
x ( x^3 - 1 ) = 0
= [ 5 2/3 x^3/2 - 5x^3/3]
= 5 * 2/3 * 1^3/2 - 5 * 1^3 / 3
= 10/3 - 5/3
= 5/3
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Jaxon is flying a kite, holding his hands a distance of 3.25 feet above the ground and letting all the kite’s strings play out. He measures the angle of elevation from his hand to the kite to be 24∘. If the string from the kite to his hand is 105 feet long, how many feet is the kite above the ground? Round your answer to the nearest tenth of a foot if necessary.
Answer: 46.0 ft
Step-by-step explanation:
\(\sin 24^{\circ}=\frac{x}{105}\\\\x=105\sin 24^{\circ}\)
So, the distance above the ground is \(105\sin 24^{\circ}+3.25 \approx \boxed{46.0 \text{ ft}}\)
UCF is a major Metropolitan University located in Orlando Florida. UCF is advertising their bachelor in Economics with the statistic that the starting salary of a graduate with a bachelor in economics is $ 48,500 according to Payscale (2013-13). The Director of Institutional Research at UCF is interested in testing this information. She decides to conduct a survey of 50 randomly selected recent graduate economic students. The sample mean is $43,350 and the sample standard deviation is 15,000. Alpha = 0.01
Answer:
The claim is rejected
Step-by-step explanation:
Claim: UCF is advertising their bachelor in Economics with the statistic that the starting salary of a graduate with a bachelor in economics is $ 48,500 according to Payscale (2013-13).
Null hypothesis: \(H_0: \mu = 48500\)
Alternate hypothesis :\(H_a : \mu \neq 48500\)
n = 50
Since n is more than 30 .
So we will use Z test
x=43350
Standard deviation = 15000
\(Z=\frac{x-\mu}{\frac{s}{\sqrt{n}}}\\Z=\frac{43350-48500}{\frac{15000}{\sqrt{50}}}\\Z=-2.42\)
Refer the z table
p value = 0.00776
\(\alpha = 0.01\)
p value < \(\alpha\)
So, We are failed to accept null hypothesis
Hence The claim is rejected
50 POINTS Pls correct answer.What is the number of solutions in this system?
one solution
infinitely many solutions
no solution
Answer:
I think that this systems have One solution
Please provide answer only. Thank you
The sum of the angles of a regular hexagon is 720 degrees. Solve for x
Answer:
x = 32
Step-by-step explanation:
Measure of each interior angle of a regular hexagon is 120°-> (4x - 8)° = 120°-> 4x - 8 = 120-> 4x = 120 + 8-> 4x = 128-> x = 128/4-> x = 32You are choosing between two health clubs club a offers membership for a fee of $13 plus a monthly fee of $28 club B offers membership for a fee of $19 plus a monthly fee of $27 after how many months will the total cost of each health club be the same? What will be the total cost for each club?
To determine when the total cost of each health club will be the same, we can set up an equation and solve for the number of months.
Let's assume the number of months is represented by 'x'.
For Club A, the total cost is given by:
Total cost of Club A = $13 (one-time fee) + $28x (monthly fee)
For Club B, the total cost is given by:
Total cost of Club B = $19 (one-time fee) + $27x (monthly fee)
To find the number of months when the total cost is the same, we set the two equations equal to each other:
$13 + $28x = $19 + $27x
Simplifying the equation, we get:
$28x - $27x = $19 - $13
$x = 6
Therefore, after 6 months, the total cost of each health club will be the same.
To find the total cost for each club after 6 months, we substitute the value of 'x' back into the equations:
Total cost of Club A after 6 months = $13 + $28(6) = $13 + $168 = $181
Total cost of Club B after 6 months = $19 + $27(6) = $19 + $162 = $181
So, the total cost for both Club A and Club B will be $181 after 6 months.
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Check here for instructional material to complete this problem.
Evaluate ,Cxp (1-p)" -* for n=5, p = 0.2, x = 3.
book
The answer is
(Round to four decimal places as needed.)
Answer:
Round to four decimal places as needed.)
Step-by-step explanation:
Research and find the most recent 10K filing for two publicly traded merchandising companies of your choice. Cosco and Sam Club
• Compute the accounts receivable turnover ratio and the number of days sales in accounts receivable for the last (latest) two years and the two companies you researched and show the bases of your calculation as part of your initial response. Comment on your results. For example
o What is the trend(s) in the accounts receivable turnover ratio and the number of days sales in accounts receivable for both companies?
o How do they compare to each other?
o Which is more effective at collecting their accounts receivable faster?
Example to Include at the start of your initial response:
Company A:
Accounts Receivable Turnover: Year ended in 2020: 6 times; Year ended in 2019: 5 times; Year ended in 2018: 6 times.
Number of Days Sales in Accounts Receivable: 2020: 35; 2019: 30; 2018: 45.
Company B:
Accounts Receivable Turnover: Year ended in 2020: 8 times; Year ended in 2019: 9 times; Year ended in 2018: 10 times.
Number of Days Sales in Accounts Receivable: 2020: 45; 2019: 60; 2018: 47.
i. Costco is more effective at collecting its accounts receivable faster.
ii. The trend in the accounts receivable turnover ratio and the number of days sales in accounts receivable for both companies is that they are both decreasing.
iii. Costco is more effective at collecting its accounts receivable faster than Sam's Club.
Accounts Receivable Turnover: Year ended in 2022: 10.2 times; Year ended in 2021: 10.1 times.
Number of Days Sales in Accounts Receivable: 2022: 38.6 days; 2021: 39.1 days.
Sam's Club
Accounts Receivable Turnover: Year ended in 2022: 8.6 times; Year ended in 2021: 8.5 times.
Number of Days Sales in Accounts Receivable: 2022: 45.2 days; 2021: 46.2 days.
This could be due to a number of factors, such as the economic environment, changes in customer payment habits, or changes in the way that the companies are managing their receivables.
This could be due to a number of factors, such as the companies' different business models, customer bases, or payment terms.
So, Costco is more effective at collecting its accounts receivable faster.
The trend in the accounts receivable turnover ratio and the number of days sales in accounts receivable for both companies is that they are both decreasing. Costco is more effective at collecting its accounts receivable faster than Sam's Club.
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Dee’s Catering Budget vs. Actual Comparison for December 2010
a. What is the variance (dollar and percent) in Dee’s total cost of sales for the month of December? Answer: $32,051 and 12.8%
b. To what do you attribute the variance in Dee’s total cost of sales for December?
c. What is the variance (dollar and percent) in Dee’s salaries and wages for the month of December? Answer: $6,100 and 15.7%
d. To what do you attribute the variance in Dee’s salaries and wages for December?
e. What is the variance (dollar and percent) in Dee’s marketing expenses for the month of December? Answer: $-1.050 and -87.5%
f. What advice would you give Dee regarding her marketing expense variance?
I need help with answering these questions. Letter B, D, and F.
Walton's actual check average is $9.52
The actual food cost is lower than the flexible budget by $5020
We have ,
Net income considered a vital financial metric of an organization, delineates the earned sum after deducting expenses and taxes from total revenue.
The measure is indicative of the profitability status of an entity, portraying cash flow left over subsequent to settling all obligations. To uncover net income, business expenditures spanning across areas such as salaries, interest payments and rents alongside taxations are subtracted from entire receipts.
Ascertaining net income facilitates assessing the fiscal robustness and future prospects of a company for interested investors.
Hence, Walton's actual check average is $9.52
The actual food cost is lower than the flexible budget by $5020
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complete question:
A. What was Watson’s actual check average? Was this higher or lower than the original budget and flexible budget check average?
b. Were Watson’s actual food sales higher or lower than the flexible budget? By how much? Was this favorable or unfavorable?
c. Was Watson’s actual food cost higher or lower than the original budget? Why do you think this is so?
d. Was Watson’s actual food cost higher or lower than the flexible budget? By how much? Was this favorable or unfavorable? How can Watson use this information in his report to his general manager?
e. Were Watson’s variable salaries, wages, and benefits higher or lower than the original budget?
f. Were Watson’s variable salaries, wages, and benefits higher or lower than the flexible budget? By looking at both the original budget and the flexible budget, what conclusion can you draw about Watson’s ability to control his labor costs?
g. Was Watson’s actual net income higher or lower than the flexible budget? By how much? Was this favorable or unfavorable?
h. Overall, how do you think Watson is doing at meeting the budget goals set by the general manager? How should he respond to his general manager’s claim that his department is operating at a “sub-par” performance level?
A coral reef grows 0.14 m every week. How much does it grow in 13 weeks?
Answer: 1.82 m
Step-by-step explanation:
Ratios
0.14 n 0.14 x 13 = 1.82
1. 13 1.82/1 = 1.82
Does anyone know the answer!!!!
What is the absolute value of the number indicated on the number line below?
A. -2/3
B. -3/5
C. 3/5
D. 2/3
Answer:
C.
Step-by-step explanation:
Answer:
I believe is B or -3/5
Good luck!
What is the value of the digit in the ones place?
2,615
A. 50
B. 5
OC. 2,000
OD. 100
Can someone help me please? ASAP
Answer:
triangle XYZ is similar to triangle RPQ
scale factor = 2/5
Step-by-step explanation:
Angles X and R are given as congruent.
Angles Z and Q are right angles, so they are congruent.
Then, angles Y and P must be congruent.
The similarity statement is
triangle XYZ is similar to triangle RPQ
To find the scale factor, divide the length of a side of the image by the length of the corresponding side in the original.
10/25 = 2/5
The scale factor is 2/5.
10. A pipe whose diameter measures 1 1/4 inches should have less threads per inch than a pipe with a diameter of _______ inch.
A. 3
B. 1/2
C. 1
D. 11/2
A pipe whose diameter measures 1 1/4 inches should have less threads per inch than a pipe with a diameter of 11/2 inch. So, the correct answer is (D).
To determine the correct answer, we need to compare the diameters of the two pipes and understand the relationship between pipe diameter and threads per inch.
The number of threads per inch generally decreases as the pipe diameter increases. This means that a larger pipe diameter will have fewer threads per inch compared to a smaller pipe diameter.
Given that the first pipe has a diameter of 1 1/4 inches, we need to find the pipe diameter from the options that is larger than 1 1/4 inches.
The option that meets this requirement is D. 11/2. This represents a pipe diameter of 1 1/2 inches. Therefore, a pipe with a diameter of 1 1/2 inches should have fewer threads per inch than a pipe with a diameter of 1 1/4 inches. Therefore, the correct answer is D. 11/2.
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Second grade math Algebra write the missing number. 50 + _ =75
_ +25 = 50
_=_?
Answer:
50+_=75
_+25=50
_=_?
25=25
kingston wrote 24 words in 2/3 of a min. at this rate, how many words will he type in 3 1/2 min
Answer:
Step-by-step explanation: