Question: Using the information provided above calculate the cost of sales
Using the information provided above, calculate the cost of sales and inventory value using the weighted average method.
Answer to relevant QuestionsUsing the information provided above, calculate the cost of sales and inventory value using the FIFO method. a. By how much does the average cost change between processing 10,000 and 20,000 documents? Why? b. Does the marginal cost change in the same way? A business sells a single product and incurs fixed costs of £60,000. The average selling price is £45 and variable costs are £20. The total sales revenue to achieve a profit of £20,000 is closes to: b) £144,000 a. If Maximus Company has excess machine capacity and can add more labour as needed (i.e. neither machine capacity nor labour is a constraint), which product is the most attractive to produce? Provide calculations and ...Ace Training Company employs 10 trainers with a total salary of £300,000 and oncosts of 15%. Each trainer has six weeks per year leave and averages 3 days out of each working week delivering training courses. The standard ...
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