1-Andrews Corp. ended the year carrying $114,560,000 worth of inventory. Had the

Question

1-Andrews Corp. ended the year carrying $114,560,000 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Andrews Corp.? Select: 1 $183,198,000 $114,560,000 $10,363,000 $227,165,520

2The Digby's workforce complement will grow by 10% (rounded to the nearest person) next year. Ignoring downsizing from automating, what would their total recruiting cost be? Assume Digby spends the same amount extra above the $1,000 recruiting base as they did last year. Select: 1 $295,000 $354,000 $3,888,000 $3,240,000

Explanation / Answer

1)

Ans) $114,560,000

Reason- since all the cost related to the inventory are already incured in previous year so the cost price will be nil and the selling price will be same as the inventory closing value of last year i.e. $114,560,000

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