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An organisation receives three deliveries of inventory as shown below.300 units were then issued.Using the FIFO method of valuation, what is the value of the 300 units issued? ______

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Production costs of product Z vary depending on the level of activity. Costs recorded at various levels of activity have been as follows:How much is the fixed cost of production? ______

The following costs are incurred in producing 100 units of product X:Machine operators' wages $1,500 Raw materials $300 Rent $400 Electricity $50 Supervisor's salaries $500What is the direct cost per unit of product X? ______

A business has the following budgeted sales revenue:Each month payments are expected to be received as follows: 30% received in the month of sale 65% received in the month after sale 5% irrecoverable debtsWhat are the budgeted receipts for April?(Please enter your answer in the box below (numbers only) for the value in $.) ______

J Co has decided to lease a machine. Five yearly payments of $7,000 will be required with the first being required in one year's time.Using an interest rate of 4%, what is the present value of the lease payments?(Please enter your answer in the box below (numbers only) for the value in $.) ______

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