Villandry's inventory includes three items for which the following details are available. Supplier's ​​Net realisable list price ​​ value Shs. ​​ Shs. Product A ​​​​3,600 ​​​5,100 Product B ​​​​2,900 ​​​2,800 Product C ​​​​4,200 ​​4,100 The company receives a 2½% trade discount from its suppliers and it also takes advantage of a 2% discount for prompt payment.

Answers

Answer 1

Question Completion:

Required:

(a) Calculate the total value of products A, B and C which should be shown in inventory in the statement of financial position.

(b) Explain the difference that changing from a weighted average to FIFO method of inventory valuation is likely to have on an entity's profit or loss.

Answer:

Villandry

a) Total value of products A, B, and C based on:

                      Net realizable    List price

                          Value

                            Shs. ​​               Shs.

Ending value   10,486              12,000

b) The difference that changing from a weighted average to FIFO method of inventory valuation is likely to have on an entity's profit or loss:

The weighted average method of inventory valuation accumulates and assigns cost of inventory based on the weighted average.  This simply means that the cost of goods available for sale is obtained and then divided by the number of goods available for sale.  The average cost obtained is used to value the cost of goods sold and the ending inventory.

On the other hand, the FIFO method assumes that goods that are first to be in the store are the ones that are sold first.  This means that the cost of goods sold is valued at the cost of the first goods that are available for sale and the ending inventory is valued at the cost of newly purchased goods, since they are the ones that are still in stock by the FIFO assumption.

The implication of moving from the weighted average method to the FIFO method is that the FIFO method reflects the cost of newly acquired goods in the ending inventory better than the average cost using the weighted average, especially if prices are rising.

Step-by-step explanation:

a) Data and Calculations:

                Net realizable    List price

                      Shs. ​​               Shs.

Product A ​​​​    3,600 ​​​              5,100

Product B ​​​​    2,900          ​​​    2,800

Product C ​​​​    4,200           ​​    4,100

Valuation     10,700            12,000

Discounted 10,486            12,000


Related Questions

A magician asks an audience member to pick any number from 6 to 15.
What is the theoretical probability that an individual chooses the number the magician has in mind?

Answers

Answer:

1/10

Step-by-step explanation:

6,7,8,9,10,11,12,13,14,15

ten TOTAL possible numbers= denominator

chance of picking the ONE possible number in mind= numerator

1/10

The probability is 1/10.

What is probability?

Probability is simply how likely something is to happen. Whenever we're unsure about the outcome of an event, we can talk about the probabilities of certain outcomes—how likely they are. The analysis of events governed by probability is called statistics.

Given:

A magician asks an audience member to pick any number from 6 to 15

Possible outcome = {6,7,8,9,10,11,12,13,14,15}

So, chance of picking the number the magician has in mind = numerator

hence, the theoretical probability is = 1/10.

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Which of the following is not equivalent to the product?
(3x-2)(27° +53-1)
A. 3x(2x2 + 5x - 1) - 2(2x + 5x - 1)
B. 6x2 - 10x - 1
C. 67° + 11x° - 13x +2
D. 2x2 (3x - 2) + 5x(3x - 2)- 1(3x - 2)

Answers

Answer:

Option is a

Step-by-step explanation:

By checking it by solving


How many quarts of pure antifreeze must be added to 8 quarts of a 40% antifreeze solution to obtain a 60% antifreeze solution?

Answers

Answer:

we have 8 quarts of 40% antifreeze,

according to the britain equivalent, 1 quart = 1.13L

so, we have 8 * 1.13L  = 9.04 L

out of the 9.04 L, 40% is antifreeze

amount of antifreeze = 0.4 * 9.04 = 3.616 L

moles of antifreeze present = 3.616/22.4 = 0.16 moles

moles of antifreeze in 60% solution = 0.6 * v/22.4 = 0.027 * v          

(where v is the volume of final solution)

molarity of initial solution = 0.16/9.04 = 0.018 M

molarity of final solution = 0.027*v/v = 0.027 M

m1*v1  = m2*v2

0.018 * 9.04 = 0.027 * v

v = 0.018 * 9.04/0.027

v = 6.026 L

amount if antifreeze in the final solution = 6.026 * 0.027 =  

0.163 Moles of antifreeze

amount in L = 0.163 * 22.4 = 3.65 L

amount in quarts  = 3.65/1.13 = 3.23 quarts

The mean lifetime of a tire is 4242 months with a variance of 4949. If 145145 tires are sampled, what is the probability that the mean of the sample would be greater than 42.842.8 months

Answers

The above question is not correctly written

Complete Question

The mean lifetime of a tire is 42 months with a variance of 49. If 145 tires are sampled, what is the probability that the mean of the sample would be greater than 42.8 months.

Answer:

0.083793

Step-by-step explanation:

We would be using the z score formula.

z score formula = z = (x - μ)/σ/√n

where

x is the raw score = 42.8

μ is the population mean = 42

σ is the population standard deviation =

In the above question, we were given variance = 49

Standard deviation = √Variance

= √49

= 7

n = number of samples = 145

z score = z = (x - μ)/σ/√n

= (42.8 - 42)/ (7/√145)

= 0.8/ 0.581318359

= 1.37618

Approximately to 2 decimal places= 1.38

Using the z score table to find the probability.

P(x ≤ 42.8) = P(z = 1.38) = 0.91621

P(x>42.8) = 1 - P(x<42.8)

1 - 0.91621

= 0.083793

Therefore, the probability that the mean of the sample would be greater than 42.8 is 0.083793

help me (WILL GIVE BRAINLIEST)

Answers

Answer:

9.

1/3 has have the same denominator as 9. making that 3/9. 3/9 plus 6/9 equals 9/9 which also equals 1. 6 plus 2 is 8, and 8 plus 1 is 9

Describe the sampling distribution of p(hat). Assume the size of the population is 30,000.
n=800, p=0.6
a) Determine the mean of the sampling distribution
b) Dtermine the standard deviation of the sampling distribution

Answers

Answer:

a) [tex]\mathbf{\mu_ \hat p = 0.6}[/tex]

b) [tex]\mathbf{\sigma_p =0.01732}[/tex]

Step-by-step explanation:

Given that:

population mean [tex]\mu[/tex] = 30,000

sample size n = 800

population proportion p = 0.6

a)

The mean of the the sampling distribution is equal to the population proportion.

[tex]\mu_ \hat p = p[/tex]

[tex]\mathbf{\mu_ \hat p = 0.6}[/tex]

b)

The standard deviation of the sampling distribution can be estimated by using the formula:

[tex]\sigma_p = \sqrt{\dfrac{p(1-p)}{n}}[/tex]

[tex]\sigma_p = \sqrt{\dfrac{0.6(1-0.6)}{800}}[/tex]

[tex]\sigma_p = \sqrt{\dfrac{0.6(0.4)}{800}}[/tex]

[tex]\sigma_p = \sqrt{\dfrac{0.24}{800}}[/tex]

[tex]\sigma_p = \sqrt{3 \times 10^{-4}}[/tex]

[tex]\mathbf{\sigma_p =0.01732}[/tex]

The mean of a distribution is the average of the distribution.

The mean is 480The standard deviation is 13.86

The given parameters are:

[tex]\mathbf{n = 800}[/tex]

[tex]\mathbf{p = 0.6}[/tex]

(a) The mean

This is calculated as:

[tex]\mathbf{\bar x = np}[/tex]

So, we have:

[tex]\mathbf{\bar x = 800 \times 0.6}[/tex]

[tex]\mathbf{\bar x = 480}[/tex]

Hence, the mean is 480

(b) The standard deviation

This is calculated as:

[tex]\mathbf{\sigma = \sqrt{np(1 - p)}}[/tex]

So, we have:

[tex]\mathbf{\sigma = \sqrt{480 \times (1 - 0.6)}}[/tex]

[tex]\mathbf{\sigma = \sqrt{480 \times 0.4}}[/tex]

[tex]\mathbf{\sigma = \sqrt{192}}[/tex]

Take square roots

[tex]\mathbf{\sigma = 13.86}[/tex]

Hence, the standard deviation is 13.86

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Which sets of ordered pairs represent functions from A to B? (Select all that apply.) A = {a, b, c} and B = {3, 4, 5, 6}

Answers

Answer:

See Explanation

Step-by-step explanation:

The question has mission options; However, the question is still solvable.

Given

[tex]A = \{a,b,c\}[/tex]

[tex]B = \{3,4,5,6\}[/tex]

Required

Determine possible ordered pairs of A to B

A function is of the form (x,y)

Let A be the range of the function and B, the domain

Let (x,y) be a function of A to B, where x represents any of the values in A sets and y represents any of the values in B

A ordered pair can only be regarded as a function if and only if it has unique y-values

Hence, a possible ordered pair is:

[tex](A,B) = \{(a,3),(b,4),(c,5)\}[/tex]

Another possible ordered pair is

[tex](A,B) = \{(a,4),(b,5),(c,6)\}[/tex]

Note that there as as many as possible ordered pair as long as the y-values are unique

There are many possible ordered pair as long as the y-values are unique.

A function is defined as a relation from a set of inputs to a set of possible outputs where each input is related to exactly one output.A functions from A to B represent A as domain and B as range of function.

           Given that, A = {a, b, c} and B = {3, 4, 5, 6}

           Order pair may be,

               [tex](a,3),(b,4),(c,5)[/tex]

    May be,   [tex](a,6),(b,5),(c,4)[/tex]

There are many possible ordered pair as long as the y-values are unique.

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Coach Beard has 24 softballs to use this fall. She orders 2 more buckets of softballs that have 20 in each bucket. How many softballs does

Answers

Answer:

64 softballs

Step-by-step explanation:

Coach Beard currently already has 24 softballs.

When she orders 2 more buckets with 20 in each, that's another 20 + 20 = 40 softballs added to the original 24. So, let's add these two numbers:

24 + 40 = 64

The answer is 64 softballs.

~ an aesthetics lover

Answer:

64 Softballs

Step-by-step explanation:

24+20+20=64

If the statement is rewritten as a conditional statement in if-then form, which best describes the conclusion? A student who earns 85% earns a B. if a student earns 85% if a student earns a B then a student earns 85% then a student earns a B

Answers

Answer: The answer would be "then a student earns a B."

Step-by-step explanation: The statement is "A student who earns 85% earns a B." The hypothosis is "If a student earns 85%..." So then the conclusion would be "then a student earns a B."

Answer: then a student gets a b

Step-by-step explanation: no

How many grams of apples does it show?

Answers

Answer:

901 grams

Hope it helps

Why is it important to study the environment as a system?

Answers

Answer:

Step-by-step explanation:

Our environment is very important to us because it is where we live and share resources with other species. ... Environmental science enlightens us on how to conserve our environment in the face of increasing human population growth and anthropogenic activities that degrade natural resources and ecosystems. hope it help

solve question shown below

Answers

Simplify the numerator and denominator first:

5/8 + 3/4 = 11/8

-2/3 - 5/6 = -3/2

Now you have 11/8 / -3/2

When dividing two fractions change division to multiplication and flip the second fraction over:

11/8 x -2/3 = 11 x -2 / 8 x 3 = -22/24

-22/24 reduces to -11/12

The answer is -11/12

A package of decorations holds 20 glow sticks for every 28 stickers. The ratio of
glow sticks to stickers is 20:28. Use division to find an equivalent ratio for 20:28, and
express it using words, using a colon, and as a fraction. Explain how you found the
equivalent ratio.

Answers

Answer: 5:7 and 10:14 are equivalents to 20:28

Step-by-step explanation:

We have the ration 20:28, and we want to find equivalent ratios to this:

One way to do this is by dividing both numbers by the same number.

For example, both 20 and 28 are even numbers, then we can divide them by 2.

20/2 = 10

28/2 = 14.

Then we have that 10:14 is equivalent to 20:28.

And we can do it again, this time only with words:

10:14 means that for each 10 glow sticks, we have 14 stickers.

The taking half of each, we have that for each 10 = 5 + 5 glow sticks, we have 14 = 7 + 7 stickers.

Then the ratio 5:7 is also equivalent to 10:14 and to 20:28

Plane A was flying at an altitude of 8 km and Plane B was flying at an altitude of 700 dam. Which plane was flying at a greater altitude?

Answers

Answer:

Step-by-step explanation:

1 km= 1000 m

1 dam= 10 m

8 km= 8000m

700 dam = 7000m

so Plane A

plane A is higher by 700m!

hope it helped!

Plane A  flying with greater altitude

What is Unit conversion?

Unit conversion is a process with multiple steps that involves multiplication or division by a numerical factor or, particularly a conversion factor. The process may also require selection of the correct number of significant digits, and rounding. Different units of conversion are used to measure different parameters.

Given:

plane A= 8 km

plane  B= 700 dam

Now,

1 km= 1000 m

1 dam= 10 m

So,

8 km= 8000m

700 dam = 7000m

Hence, Plane A is flying higher.

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Find the mean of the data in the dot plot below.

Answers

Answer: 24 students

Explanation:

(20 + 23 + 25 + 28)/4
= 96/4
= 24

Therefore the mean is 24 students in the class.

Answer:

24

Step-by-step explanation:

20+23+25+28=96

96/4

=24

I did it on Khan too! :)

-10 + 7x + 24 - 2x= what does it equals

Answers

Answer:

14+5x

Step-by-step explanation:

Combine like terms to get:

-10+5x+24=?

then add -10 to 24 to get 14 to get the new simplified equation

14+5x

Hope this helps!

Answer:

5x+14

Step-by-step explanation:

its all about combining like terms. add the -10 and the 24 together, and u get 14. then add the 7x and -2x, and that gives you 5x. and u cant go any further with that, so 5x+14 is your answer

examples of parallel lines ​

Answers

Answer:

what idea and experience do you get after being lockdown for long three or four months due to corona virus. write your experience in the form of article that is published in school magazine on the topic lack of physical activity.

Step-by-step explanation:

Answer:

Parallel lines are two lines that are facing the same direction and never intersect.

Step-by-step explanation:

for example, the number II

those are two ones are straight lines pointing the same direction, and no matter how long they go on they will never touch.

PLEASE HELP!!!!!! what is the simplified expression to represent the area of the shaded region???

Answers

Answer: 29x+23

Step-by-step explanation:

In order to find the area of the shaded region, we need to subtract the unshaded region in middle from the large rectangle

-------------

Step 1. Find the area of the large rectangle

A=lw (length × width)

A=(2x+4)(3x+6)

A=6x²+12x+12x+24 ⇔ Use FOIL (First Outer Inner Later)

A=6x²+24x+24

--------

Step 2. Find the area of the unshaded region

A=lw

A=(2x-1)(3x-1)

A=6x²-2x-3x+1 ⇔ Use FOIL

A=6x²-5x+1

-------

Step 3. Subtract unshaded from the large rectangle to get the area of shaded region

A (shade region)=large rectangle-unshaded region

A (shade region)=(6x²+24x+24)-(6x²-5x+1)

A (shade region)=6x²+24x+24-6x²+5x-1 ⇔ get off parenthesis

A (shade region)=6x²-6x²+24x+5x+24-1 ⇔ move the like term together

A (shade region)=29x+23 ⇔ combine like term

PLEASE HELP
Which statement about the function y = –2x3 is correct?
A. The function is nonlinear and could be made linear by changing -2 to 2.
B. The function is nonlinear and could be made linear by changing 3 to 1.
C. The function is linear and could be made nonlinear by changing -2 to 2.
D. The function is linear and could be made nonlinear by changing 3 to 1.

Answers

Answer:

B.

Step-by-step explanation:

So we have the function:

[tex]y=-2x^3[/tex]

As we can see, the degree of this function is 3. This is a cubic function. In other words, this is nonlinear. Let's go through each of the choices:

Already, we can eliminate C and D since the function is nonlinear as it's a cubic function. So, we only need to check A and B.

A: If we change the -2 to 2 like so:

[tex]y=-2x^3\\y=2x^3[/tex]

The function remains a cubic. The only thing we've changed is how the graph is oriented. With -2, the graph goes from top to bottom. With 2, the graph goes from bottom to top. Nevertheless, it's still a cubic function. What we need to change is the exponent and not the coefficient. A is not correct.

B: If we change the 3 to 1 like so:

[tex]y=-2x^3\\y=-2x^1\\y=-2x[/tex]

This is now a linear equation. The degree is 1 and as you can probably picture, it's a downwards sloping line. The correct answer is B.

Solve equation. Show steps

Answers

Answer:

60

Step-by-step explanation:

From the question:

2 Cos x = 1

x =?

Thus, we can obtain the value of x as follow:

2 Cos x = 1

Divide both side by 2

Cos x = 1/2

Cos x = 0.5

Take the inverse of Cos.

x = Cos¯¹ (0.5)

x = 60

Therefore, the value of x is 60

**** Check ****

2 Cos x = 1

x = 60

2 Cos 60 = 1

2 × 0.5 = 1

1 = 1

PLEASE HELP!
Determine if the statement below is true or false.
If it is false, rewrite it so it is true.

Rewriting sqrt of -10 in terms of i results in -10i​

A. This statement is true
B. This statement is false. Rewriting sqrt of -10 in terms of i results in sqrt of 10i
C. This statement is false. Rewriting sqrt of -10 in terms of i results in sqrt of -10i
D. This statement is false. Rewriting sqrt of -10 in terms of i results in 10i​

Answers

Answer:

B

Step-by-step explanation:

So we have the expression:

[tex]\sqrt{-10}[/tex]

And we want to rewrite it in terms of i. Recall that i is:

[tex]i=\sqrt{-1}[/tex]

Therefore, we can simplify the expression as:

[tex]\sqrt{-10}=\sqrt{-1\cdot10}=\sqrt{-1}\cdot\sqrt{10}=i\sqrt{10}[/tex]

Therefore, the statement given is not correct.

And the correct answer is B.

f(x)=x^2+7x-30
I need to solve it

Answers

Answer:

x = 3, -10

Step-by-step explanation:

Step 1: Write out quadratic

f(x) = x² + 7x - 30

Step 2: Set quadratic equal to 0

0 = x² + 7x - 30

Step 3: Factor quadratic

0 = (x - 3)(x + 10)

Step 4: Find roots

x - 3 = 0

x = 3

x + 10 = 0

x = -10

Select the correct answer.

Answers

Answer:

tan C = 3/2

Step-by-step explanation:

Since this is a right triangle, we can use trig functions

tan theta = opp/ adj

tan C = 3/2

Answer:

C

Step-by-step explanation:

The only way we can get 3/2 as a trigonometric ratio is as

tan c = O/A = 3/2

The rest don't work because sin and cos, uses the hypotenuse. The hypotenuse is 3.61 which is not either of the numbers in the ratio.

Only 2 and 3 work which are not in the hypotenuse.

( 5+ y) + 6x when x = 10 and y =7​

Answers

Answer:

72

Step-by-step explanation:

( 5+ y) + 6x

Let x = 10 and y = 7

( 5+ 7) + 6*10

12 + 60

72

Answer:

92

Step-by-step explanation:

sub in your given numbers

do PEMDAS

Perathasieis (5 + 10) = 50

6(7) = 42

add 50 + 42

you get 90

What is required for two triangles to be similar?

Answers

Answer:

1.the corresponding angles are propositional

2.the corresponding sides are proportional

The properties of similar triangles  is the corresponding angles are congruent and the corresponding sides are proportional.

What are similar triangles?

Two triangles are similar if the angles are the same size or the corresponding sides are in the same ratio or proportional.

Properties of similar triangles

The properties of similar triangles include the following;

1. The corresponding angles are congruent

2. The corresponding sides are proportional

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Determine the location and value of the absolute extreme values of f on the given​ interval, if they exist.f(x)=3sin^(2)x

Answers

Answer:

Hello your question lacks the required option below is the diagram of the complete question with the options

answer : The absolute minima is 0 at x = (0,π ) the absolute maxima is 3 at x = [tex]\frac{\pi }{2}[/tex]  ( B )

Step-by-step explanation:

Attached below is the detailed solution of the problem

The absolute minima is 0 at x = (0,π ) the absolute maxima is 3 at x = [tex]\frac{\pi }{2}[/tex]  ( B )

Look at the figure shown below. A student made the table shown below to prove that PQ is equal to RQ 1. Provide the missing statement and justification in the proof. 2. Using complete sentences, explain why the proof would not work without the missing step.

Answers

Answer:

ΔSQR ≅ ΔTQP by ASA congruencetriangle congruence is needed before a claim based on that can be made

Step-by-step explanation:

1. The last step claims the lengths PQ and RQ are the same based on the congruence of triangles SQR and TQP. In order to make that claim, some step in the proof needs to claim that those triangles are congruent. That claim is the missing step:

  ΔSQR ≅ ΔTQP --- ASA congruence postulate

__

2. Without a claim of triangle congruence, the claim of triangle side congruence is unsupported. The proof must contain a claim that the triangles containing corresponding sides PQ and RQ are congruent.

What are the coordinates of the vertices of the polygon in the graph that are in Quadrant I? Question 7 options: A) (–3,–4) B) (1,1), (2,2), (2,5), (5,5) C) (2,–3), (3,–4), (5,–4) D) (–4,2), (–2,5)

Answers

Answer:

Answer B  (1,1), (2,2), (2,5), (5,5)

Step-by-step explanation:

Notice that although the image is not shown, of the given answers, the only points that have coordinates that belong to Quadrant I , are those that show oosittive number for both coordinates (for x and for y). That is  the only possible solution is:

answer B) : (1,1), (2,2), (2,5), (5,5)

From the top of a tree 30 m height a man is observing the base of a tower at an angle of depression measuring 30 degree. Find the
distance between the tower and the tree.

Answers

Answer:

Step-by-step explanation:

tan30=oposite/adjucent side

1/1.732=30/adjectent side

adjectent side=30*1.732

adjecent side=51.96m.

3a + 4b - 2a +3 - 7​

Answers

Answer:

a + 4b - 4

Step-by-step explanation:

Step 1: Write out expression

3a + 4b - 2a + 3 - 7

Step 2: Combine like terms (a)

a + 4b + 3 - 7

Step 3: Combine like terms (constants)

a + 4b - 4

Answer:

1a+4b-4

or

a+4b-4

Step-by-step explanation:

3a-2a= 1a or just a

4b=4b

-7+3= -4

1a+4b-4

or

a+4b-4

Other Questions
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