Steele Plate Units Cost Mar. 3 Purchase 1 $830 10 Purchase 1 840 19 Purchase 1 880 Total 3 $2,550 Assume that one unit is sold on March 23 for $1,125. Determine the gross profit for March and ending inventory on March 31 using (a) FIFO, (b) LIFO, and (c) average cost methods. Gross Profit Ending Inventory a. First-in, first-out (FIFO) $fill in the blank 1 $fill in the blank 2 b. Last-in, first-out (LIFO) $fill in the blank 3 $fill in the blank 4 c. Average cost $fill in the blank 5 $fill in the blank 6

Answers

Answer 1
The answer should be 2

Related Questions

Privacy concerns are one of the biggest reasons people don't purchase goods and services online.

true
false

Answers

As regards people not purchasing online because of privacy concerns, this statement is True.

Why are people skeptical of online sales?

There is a general belief amongst many that purchasing goods online can violate one's privacy and security as regards using credit and debit card information to pay for goods.

As a result, people are always skeptical of buying things online but this hasn't stopped a lot of people.

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You rent a car for $29.95. The first 150 miles are free, but each mile thereafter costs 15 cents. You drive it 200 miles. What is the marginal cost of driving the car

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Answer:

The marginal cost of driving the car is $7.50 + the cost of gas.

Explanation:

Initial cost: $29.95

200 miles you drove- 150 miles free= 50 miles you have to pay for

50 miles * 15 cents per mile

50* 0.15= $7.5

$7.50

Answer it ....the question is in the pic​

Answers

Answer:

business activities in India

1) Manufacturing -

When product is manufacture or made to that it cn be sold in Market 2) storage -

After the product is ready it required some space to store until it would sold in the market

3) transporting

as per the demand it will transport from one place to another

4) financing -

It requires some money to meet the expense before solding a product

5) marketingto let people know about the product so that more products will be sold

There are other activities also such as managing, accounting etc

If the company wants to provide a warranty so that only 2.6% of the DVD players will be replaced before the warranty expires, what is the time length of the warranty?

Answers

The time length of the warranty base on the information is 3.3 years.

How to calculate the time length?

Based on the complete information, the time length of the warranty will be:

(x - 7)/1.9 = -1.944

x = 7 - 3.6936

x = 3.3 years.

Therefore, the time length is 3.3 years.

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This morning your manager asked you to complete a special task by this afternoon. While you are working on it, a customer asks you for help. If you stop to help them, you probably will not finish the task for your manager. What would you be MOST likely to do

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ill ask for help from another coworker- if there was no one else available to help them I would help the customer if I am in that field


i needed points

Trust fund overages or shortages are serious violations of the law, which can result in loss of license, even if the discrepancy is caught and corrected. Which statement is correct regarding trust fund liability?

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The statement that is correct regarding trust fund liability is A trust fund overage occurs if the trust account balance is greater than the total liability of the account.

What is violations of the law?

violations of the law of the act of going against the law that guides some certain discipline which was seen in the Trust fund overages or shortages.

Trust fund shortages are usually as a result of the  disbursements to a beneficiary in excess of funds that is been gotten  from  account of that beneficiary.

However, it can as well be as a result of  trust account balance is greater than the total liability of the account.

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Anyone have an idea how to create a NPV Spreadsheet which intakes a 6% discount factor.
My actual question is very similar to this, If someone could give me a step by step breakdown it would be much appreciated

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The way to calculate an NPV Spreadsheet using the NPV Function are:

=NPV(discount rate, series of cash flow)Step 1: Set a discount rate in a cell.Step 2: Establish a series of cash flows (must be in consecutive cells).Step 3: Type “=NPV(“ and select the discount rate “,” then select the cash flow cells and “)”.

What is an NPV Function?

This refers to the excel function that is used to calculate the net present value and the discount rates for cash flows.

Hence, we can see that given that you have the discount factor, the annual operating costs, and annual benefits, you would then need to add the present value of all +ve cash flows and subtract the present value of all -ve cash flows.

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After a targeted segment of kids under twelve was chosen by a sugar cookie company, the company had to decide on its marketing mix to that segment. When deciding on a price strategy for its cookies, what questions should the company ask?.

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When deciding on a price strategy for its cookies, the questions that should  be asked by the company ask is  How much is too expensive or too cheap .

What is pricing strategy?

A pricing strategy serves as the model that is been utilized by the company to establish the best price when trying to market their product or service.

That is why it is important for the company to ask  How much is too expensive or too cheap  because this will help them to be able to  choose prices so as to be able to maximize profits.

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What are the human behaviors economists should observe when creating economic models?.

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The human behaviors that economists look for when creating economic models are boundless rationality, boundless willpower, and boundless selfishness.

What is the relationship between human behavior and the economy?

Economists analyze the motivation of individuals to make consumption decisions, identifying, for example, their needs and desires based on the costs and benefits of the goods and services available in the economy.

Therefore, human behavior is capable of influencing the economy by instituting economic decision-making.

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The total factory overhead for Bardot Marine Company is budgeted for the year at $504,150, divided into four activities: fabrication, $221,000; assembly, $80,000; setup, $109,650; and inspection, $93,500. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 4,250 dlh 12,000 dlh 31 setups 53 inspections Bass boat 12,750 4,000 224 372 17,000 dlh 16,000 dlh 255 setups 425 inspections Each product is budgeted for 3,000 units of production for the year. a. Determine the activity rates for each activity. Fabrication $fill in the blank 1 per direct labor hour Assembly $fill in the blank 2 per direct labor hour Setup $fill in the blank 3 per setup Inspection $fill in the blank 4 per inspection b. Determine the activity-based factory overhead per unit for each product. Round to the nearest whole dollar. Speedboat $fill in the blank 5 per unit Bass boat $fill in the blank 6 per unit

Answers

Variables to fill the blanks are mathematically given as

a)

F= 16

A= $ 6

S= $ 530

I= $ 270

b)

The speed boat is  $ 59

The Bass Boat is $ 148

What are the activity rates for each activity.?

Generally, the equation for  Fabrication is  mathematically given as

[tex]F=\frac{Overhead \ Cost}{ Activity \ Base \ Usage \ Quantities}[/tex]

Therefore

[tex]F= \frac{448,000}{28,000}[/tex]

F= 16

Generally, the Assembly  is  mathematically given as

[tex]A= \frac{180,000}{30,000}[/tex]

A= $ 6

Generally, the Setup is  mathematically given as

S= $ 222,600 / 420

S= $ 530

Generally, the Inspection is  mathematically given as

[tex]I = \frac{189,000}{700}[/tex]

I= $ 270

b)

For the Activity-based factory overhead per unit

The speed boat is  $ 59

The Bass Boat is $ 148

In conclusion, Use the values to fill in the required blanks

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The depreciation method that does not initially use the residual value in depreciation calculations is the:.

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The Double Declining Depreciation Method is the method of depreciation that does not initially factor in the residual value when calculating depreciation.

What is the Definition of Depreciation?

Depreciation is the phrase used to describe the decline in asset value. Due to usage, deterioration, or obsolescence, an asset decreases value over time.

The unit of measurement for this drop is depreciation. A reduction in asset value, or depreciation, can be caused by a number of other factors, such as unfavorable market conditions, etc.

Double declining depreciation method refers to the depreciation process that involved a twofold decline in asset value.

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A ________ is used in the final step of identifying viable Six Sigma improvement projects in order to easily select the priority projects based upon business criteria. Select one: a. Project Viability Model b. Selection Matrix c. Any of the Above d. None of the Above

Answers

Project Viability Model is used in the final step of identifying viable Six Sigma improvement projects in order to easily select the priority projects based upon business criteria.

What is Six Sigma program?

A set of six management techniques, which are used by business organizations in order to detect and avoid the errors of a business process and improve efficiency, is a part of the six sigma program.

Hence, option A holds true regarding six sigma program.

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Consumers experience ______ marginal utility the more they consume of a particular good or service.

Answers

Answer:

less

Explanation:

The law of diminishing marginal utility states that, as consumption of a good or service increases, its marginal utility decreases.

The Federal Reserve's Open Market Committee has decided that the federal funds rate should be 0.5 percent rather than the current rate of 1.25 percent. The appropriate open market action is to _____ Treasury bills to _____ money _____.

Answers

In this case, the proper open market action is to sell Treasury bills to decrease money supply.

What is an Open Market Action?

An open market action refers to the act of the Federal Reserve Bank to purchase or sell government securities with the aim of contracting or increasing the supply of money in the economy and alter the position of interest rates.

Open market operations are also known as monetary policy tools used to regulate the economy.

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It's your friends 35th birthday today and you happen to talk to her about her retirement plans. Your friend tells you she is planning to save $5,000 per year for retirement, and has just made her first deposit today. She will invest in a mutual fund that will provide a return of 8% per year. She plans to retire when she turns 65 (and will make 30 annual payments of $5,000 until then), and she expects to live to age 90. Under these assumptions, how much can she spend in each year after she retires? Her first withdrawal will be made one year after she retires (i.e. on her 66th birthday), the last withdrawal on her 90th birthday.

Answers

She can spend $6,480 each year after she retires.

What is a retirement plan?A retirement plan is a financial arrangement created to supplement income received from the job after retirement. Employers, insurance providers, labor unions, the government, or other organizations may establish these programs. By providing advantageous tax treatment to a wide range of plans, Congress has stated a goal to promote sensible retirement planning. The Internal Revenue Code's provisions form the basis for the federal tax features of retirement plans in the United States, while the Employee Retirement Income Security Act's requirements are used by the Department of Labor to govern these plans (ERISA).Solution -

[tex]5000 * 30 = 150,000[/tex]

8% of [tex]150,000 = 12,000[/tex]

The total amount for retirement [tex]= 162,000[/tex]

Number of years to spend money [tex]= 25[/tex]

The money she can spend each year = [tex]\frac{162,000}{25} =6,480[/tex]

Therefore, she can spend $6,480 each year after she retires.

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how will an increase in labor productivity affect equilibrium in the labor market?

Answers

We can actually infer here that an increase in labor productivity will affect equilibrium in the labor market in the following way: The demand for labor will increase and the equilibrium wage and quantity of labour will increase.

What is equilibrium?

Equilibrium refers to the state whereby opposing things are balanced in order to achieve a desired outcome.

If the labor productivity is increased, it will definitely affect equilibrium in the labor market in such a way that the demand of labor will increase.

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do you know the answer ​

Answers

The sources of information for foreign employment Red, personal contacts abroad; Green, recruitment websites and the techniques of getting information of foreign employment notice board, websites etc.

What is foreign employment?

Going from one country to another country in the search of job and for the purpose of earning money is called foreign employment.

The foreign employment has the advantage that it has the ability to experience different cultures, customs, and traditions.

It provides the opportunity to develop a more global and open mindset.

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Natasha has $1000 to open a checking account. She can maintain a monthly balance of $600. She also has a savings account at the same bank. Her employer offers direct deposit and she plans to use online bill paying. She writes about eight checks per month. She currently uses the ATM machines at several different banks. Natasha sometimes overdraws her account. Bank Account Terms and Conditions Natasha wants an account with the lowest fees. Which checking account would be best for Natasha

Answers

Based on Natasha's preferences and the conditions offered by banks to her, the checking account that would be best is Account A.

Why is Account A best for Natasha?

She has $600 is more than the $500 minimum balance required. She will not have to pay ATM fees for withdrawing from other bank ATMs.

She won't get charged for online bill payments and because she has a savings account, her overdraft fees would be $0. She can also write as many checks as she wants.

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Answer:

Based on Natasha's preferences and the conditions offered by banks to her, the checking account that would be best is Account A.

Explanation:

Why is Account A best for Natasha?

She has $600 is more than the $500 minimum balance required. She will not have to pay ATM fees for withdrawing from other bank ATMs.

She won't get charged for online bill payments and because she has a savings account, her overdraft fees would be $0. She can also write as many checks as she wants.

what do economists call the physical actions and mental activities that people contribute to the production of goods and services?

Answers

Labor is the physical actions and mental activities that people contribute to the production of goods and services.

What is labor?

This can be used to refer to all forms of activities that a person engages in for the production of goods and services.

It is one of the factors of production and refers to tghe physical strength used in the process.

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What Economists call the physical actions and mental activities that people contribute to the production of goods and services is:

Labor

What is Labor?

Labor refers to the physical and mental exertion that employees often have to put in to produce goods and services.

In many companies, employees exert their physical strength and intelligence to sustain the smooth flow of activities. Economists call this labor.

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This international business strategy is generally the most expensive commitment that a firm can make to an overseas market
because it normally involves the building of manufacturing plants and it is typically driven by the economic and business
dynamics of the target market.
A:Licensing
B:Outsourcing
C:Franchising
D:Foreign Direct Investment

Answers

Foreign Direct Investment is the  international business strategy is generally the most expensive commitment.

What is Foreign Direct Investment?

Foreign Direct Investment is the investment of the one company investment to another country. Mostly this type of business is done by the business person to expand their business in multiple countries and establish their portfilio.

Thus, option D is correct.

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what are letters of reference called

Answers

Letters of reference are called letter of recommendation

What are reference letter?

Letter of reference is a letter written on behalf of an individual to point out potential and capacity that the person posses.

This can be done former employer for an employee who has worked with him or her.

Therefore, letters of reference are called letter of recommendation.

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You are evaluating a potential purchase of several light-duty trucks. The initial cost of the trucks will be $194,000. The trucks fall in the MACRS 5-year class that allows depreciation of 20% the first year, 32% the second year, 19% the third year, 12% the fourth year, 11% the fifth year, and 6% the sixth year. You expect to sell the trucks for 29,100 at the end of five years. The expected revenue associated with the trucks is $155,000 per year with annual operating costs of $81,000. The firm's marginal tax rate is 25.0%. What is the after-tax cash flow associated with the sale of the equipment

Answers

The after-tax cash flow associated with the sale of equipment is $299,325.

What is an initial cost?The initial cost is the typical cost of buying or producing the goods you have on hand.What is an operating cost?Operating costs, often known as operating costs, are the costs associated with running a company, or with running a machine, part, piece of equipment, or facility. They represent the cost of the resources an organization uses just to stay in business.What is cash flow?The actual or fictitious movement of money is known as cash flow. In finance and accounting, cash flow describes the capital inflows and outflows of particular economic units with the aim of achieving a particular goal within a predetermined window of time. Making an accurate prediction of future cash flows is required in accounting in addition to measuring current cash flows.Solution -

Revenue of 5 years [tex]= 155000 * 5 = 775000[/tex].

Operating cost of 5 years [tex]= 81000 * 5 = 405000[/tex].

Sale of equipment [tex]= 29100[/tex].

Net profit = [tex]775000+29100 - 405000=399100[/tex].

Tax to be deducted at 25% [tex]= 99775[/tex].

Cash flow after tax [tex]399100-99775=299325[/tex].

Therefore, the after-tax cash flow associated with the sale of equipment is $299,325.

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Jennifer is giving a presentation about the results of her microbiology experiment. She is very confident in front of the audience. She speaks in a clear voice, and often tells a few jokes to show her personality. Jennifer is displaying great
.

Alex is another microbiologist listening to Jennifer’s presentation. He wants to remember her results so that he can use the information to help with his own experiment. He pays close attention to what Jennifer says, writes down key points, and draws a diagram to help him remember the main ideas. His
will help him remember this information later when he is in his office.

Answers

#1. The answer to this one is that Self-Representation skills correspond with how you dress and personal hygiene, so this cannot be the right choice. It also is not C because Jennifer is the one speaking; she is not listening.

#2. The answer to this one is C because he is taking notes to help better remember Jennifer's presentation.

What is one reason that firms partner with communities to increase economic development?.

Answers

Firms collaborate with communities to increase economic development for a variety of reasons, including the development of workplace skills.

What is  economic development?

Programs, methods, plans, policies, and actions that raise the standard of living in a country are referred to as "economic development."

The development of workplace skills contributes to economic growth by enhancing an employee's efficiency and working style. With the use of new technology, the firm has rapidly grown.

As a result, development of workplace skills to increase economic development.

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The first step to improving your time management skills is to:

Answers

The first step to improving your time management skills is to prioritize.

What is time management skills?

This is a skill needed in order to effectively manage our time and getting things done in an effective way within a short period of time.

The first step to improving your time management skills is to prioritize. Having a daily to do list is very important in managing time effectively. It helps us determine the most important things to do in order of their importance.

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which filter can be used to find a specific project when in the work area?

Answers

The filter that can be used to find a specific project when in the work area is: Project name.

Project Filter

When looking or searching for a particular project  that meet your requirement  in a work area, in order to find the project the best thing to do is to include the following filter as it will enables you to find the project you are looking for;

Project nameDue dateTemplate nameTeam member

Therefore the filter that can be used to find a specific project when in the work area is: Project name.

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In order to manufacture their high-end mountain bikes, Pedal On Inc., needs a special oil it can only import from a company in India. In turn, that company can only produce the oil with ingredients it obtains from the exclusive producer in Thailand. The company in Thailand agrees to provide the ingredients to the company in India in exchange for a quantity of mountain bikes from Pedal On. This beneficial exchange is a form of

Answers

Based on the fact that this exchange will be beneficial to both the Thai company and Pedal On Inc, this is a form of quid pro quo.

What is quid pro quo?

This is a form of exchange where a party gives the other party something they want and the other party returns the favor by giving something that first party wants.

In this exchange, Pedal On Inc. will get the exclusive oil that they want, while the Thai company will get a quantity of mountain bikes.

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Tindel Inc. competes on cost with Nirvana Sites in the web design industry. Both firms operate on a 90 percent learning curve, and neither firm is capable of increasing its cumulative output any further. How might Tindel Inc. achieve a cost-leadership position while maintaining customer satisfaction

Answers

Tindel Inc. might achieve a cost-leadership position while maintaining customer satisfaction by incorporating new programming techniques.

Cost-leadership position

The company can tend to achieve  cost-leadership position by  incorporating new programming techniques.

Reason being that incorporating the  new programming techniques will enable them to take  advantage of experience curve effects while maintaining there customer satisfaction.

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Mr. Garrett has just entered his ma initial coverage election period (icep). What action could you help him take during this time?

Answers

The  action that I could  help him take during this time is have  that to  opportunity to enroll in a Medicare Advantage plan.

What is Medicare Advantage plan?

Medicare Advantage is a  health insurance plan that give help with private-sector health insurer.

This is very common in the united state, and since, Garrett has just entered his MA Initial Coverage Election Period , he can be part of the Medicare Advantage plan.

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A developer of a new planned unit development (PUD) has gathered the following market information for University City. The developer estimates that there will be 1,500 home (all types) sales in University City over the next year. If an analysis of demographic information has revealed that the core market share for the PUD project within the community is 14.0%, what is the total market segment potential for this project

Answers

Based on the number of homes estimated, and the planned unit development, the total market segment potential is 210 units .

How can the market segment potential be found?

To find the total market segment potential, use the following formula:

= Number of homes estimated x Planned Unit Development

Solving gives:

= 1,500 x 14%

= 210 units

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Which of the following is NOT a characteristic of Plutonic Rock? Which sentence summarizes a source instead of evaluating it?A. According to Dr. Welch, we should just abandon the workplace modelthat makes America great and take after those soft Europeans.B. The statements that Dr. Welch makes are not properly supported byevidence from respected sources, and Dr. Welch lacks authority.C. Dr. Welch states that the American workplace is a disaster and thatemployees are overworked yet unproductive.D. The idea that Americans should adopt a European model of work is justone of many strange conclusions that Dr. Welch draws. find the perimeter of the triangle Drag each tile to the correct location. These graphs are all rational functions. Classify the graphs based on how many vertical asymptotes they have. Monique had been doing a great job working on her personal fitness. She was walking with friends and had found a few yoga classes that worked well with her schedule. Then she started a very difficult class and got behind in her schoolwork and was not able to keep up with her exercise. What is the BEST advice for Monique? Replacement value is the amount company has to spend to acquire the same asset in the existing condition. True/false Explain the order in which to simplify the following and then simplify it. What type of reaction is: ammonium nitrate -> dinitrogen monoxide + water?A. Double ReplacementB. CombustionC. SynthesisD. Decomposition Hello, I need help understanding the following question. urgent please help with this function!! (sec0 + tan0)(cosec0+cot0) = 1sec5 sin 0 How does machiavellis use of words such as seizing, usurper, inflict, knife, win, reassure, and benefits affect the tone of the passage? there are more words with negative ones than positive ones, creating a frightening tone. there are more words with negative ones than positive ones, creating a threatening tone. the words with positive connotations soften the ones with negative connotations to create a serious, matter-of-fact tone. the words with positive connotations are used to create an encouraging tone. When the body mass index rises above the threshold of ____ kg/m2, mortality from heart disease, cancer, and diabetes also increases. Fluorite is..a. harder than apatite but softer than calciteb. harder than gypsum but softer than apatitec. harder than calcite but softer than feldspard. harder than feldspar but softer than apatite Which of the following can be contracted from contact with bloodborne pathogens? The Japanese government promotes in the industrialisation which statement best completes the diagram add four commasThanks for all the advice you gave me about China Thailand and Japan. I've now got all my books notes and translation guides. However, would you please give me a call this week regardless of the day or time as I do still want to pick your brains over the other thing we spoke about last Friday! How does the setting in this excerpt contribute to Lizzies internal conflict?Lizzie is unhappy because Turner is wearing a white shirt that is better than her own clothes.Lizzie is angry because Turner is using rocks and a stick instead of a ball and a bat to practice baseball.Lizzie is upset because Turner is standing on the beach she is used to having to herself.Lizzie is afraid because Turner is digging for clams in the spot that Lizzie usually digs. Trivia Time!! At what velocity does light move? Which Navajo belief did Leaphorn learn from his grandfather?The Navajo people must depend on each other for survival.Nature and humans are connected; nothing happens in isolation.It is wrong to get angry, no matter what the situation.