Discrepancies between the physical count and the perpetual records are common as a result of clerical mistakes, theft, waste, and misplacement of products.
What is perpetual inventory?A perpetual inventory system is a sort of inventory control that continuously tracks the number of goods bought or sold in real-time using business software or other technological instruments such as a point of sale.
In order to update the cost of products sold or received, a permanent inventory system would need rapid debiting of accounts receivable and crediting of sales. The perpetual inventory system has one benefit over the periodic inventory system: it assures that the inventory account balance is always accurate in the absence of spoilage, theft, and so like. The cost of products sold has an influence on the periodic inventory system.
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The two toy store owners agree to specialize and to trade 30 puzzles for 10 puppets. the terms of trade are still 3 puzzles for each puppet. after they complete their trade, geppetto will have puzzles and puppets and lewis will have puzzles and puppets.
According to the exchange rate, Lewis will have 31 puppets and 2 puzzles leftover after the trade, while Geppeto would have 158 puzzles and 4 puppets.
What is the puppet to puzzle exchange rate? Puppets are exchanged for puzzles at a 3 to 1 ratio. Geppeto is willing to trade 20 puppets for puzzles. Lewis is willing to trade 50 puzzles for puppets. Lewis can swap puzzles for puppets a total of 16 times (50/3). In exchange for 48 puzzles, Lewis will receive 16 puppets. Therefore; Lewis will still have 2 puzzles and 16 puppets remaining after adding 25 puppets. Geppeto will still have 4 puppets and 48 + 100 = 158 puzzles. In conclusion, the number of riddles and puppets each party receives after the trade depends on the exchange rate.
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A broker induces an owner to sell by telling him that Hispanics are moving into the neighborhood. This broker is guilty of what prohibited activity?
Panic selling
The broker is guilty of prohibited activity of panic selling
A panic sale is a mass sale of an investment that results in a significant drop in price. An investor specifically intends to sell an investment without much consideration for the price received. The issue with the sale is that the investor is responding to fear and emotion rather than analysing the fundamentals.
The practice of using prejudice to engender fear or panic to persuade people to sell or otherwise dispose of their property as a result of a protected class's entry, or potential entry also known as panic selling. In the scenario provided, a broker convinces a property owner to sell by claiming that Hispanics are relocating nearby. Therefore, this broker has engaged in panic selling.
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imagine you are the scrum master launching the first phase of services for a company project. your team takes a long time to finish tasks and, as a result, they are a month behind schedule. how can you diagnose the problem and help your team hit their targets? select all that apply. 1 point
By contrasting the expected performance with the actual performance, I would inform the team of their output gap as the scrum master and encourage them to hit the set goals as quickly as possible.
What works as a Scrum Master actually do?The scrum master assists the team in streamlining and improving the methods through which they accomplish their objectives. Ideally, they act as a squad member or collaborator rather than as someone in charge.
What makes a Scrum Master so expensive?Delivering extra value than you have before is what it means to be agile. The leadership team will be keenly interested in having each of these impacts. Scrum Masters therefore possess a wide range of talents and often come from solid backgrounds, which is why they frequently attract high wages.
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1. What does diversity mean?
2. Why might diversity matter in the study of public speaking?
3. What are some techniques or things to think about when presenting for diverse audiences?
Answer:
1. diversity is variety, or being diverse.
Explanation:
ex: my school is very diverse because we have people from all ethnicities and genders.
2. diversity might matter in the fact of public speaking because there isn't one set group of listeners to your public speech so you have to be open to all groups (being diverse)
3. one technique or thing to think about when you're presenting for diverse audiences is you have to keep bias out of your speech. you also have to have a sort of idea on how each group of listener would react to what you say because some groups May react differently.
hope this helps! <3
ark weinstein has been working on an advanced technology in laser eye surgery. his technology will be available in the near term. he anticipates his first annual cash flow from the technology to be $225,000, received two years from today. subsequent annual cash flows will grow at 3.2 percent in perpetuity. what is the present value of the technology if the discount rate is 10.1 percent?
the present value of the technology, considering the annual cash flows that will grow at 3.2% in perpetuity, is $6,077,273.
What is growing perpetuity?Present value is used in calculating perpetuity. Securities or cash flows that continue to pay out indefinitely are known as perpetuities. A rising perpetuity is a cash flow that is projected to continue growing at the same pace eternally in addition to being expected to be received indefinitely. Such an investment would be deemed a perpetuity if, for instance, your company had a £1,000 investment that you anticipate would always pay off. A rising perpetuity, on the other hand, is one in which you anticipate receiving £1,000 in the first year and the investment will grow at a rate of 5% over time.
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there are several cost drivers (or sources of cost advantage) that can be managed in order to establish a cost advantage/leadership. one of the basic cost drivers is:
There are several cost drivers (or sources of cost advantage) that can be managed in order to establish a cost advantage/leadership. one of the basic cost drivers is creating personalized customer service in order to minimize price-sensitivity among customers.
What do you mean by cost drivers?
Cost drivers are the primary reasons why a business expense occurs. Any action that causes the cost of another object to increase is a cost driver.
An illustration of this may be how the cost of your water bill is based on how much water your office consumes each month. The cost is determined by water usage units, which are shown in the water bill.
What are the main sources of cost?
Cost drivers include things like the amount of hours spent on direct labor, customer interactions, engineering change orders, machine hours, and customer returns of goods, as well as other factors.
Direct labor hours, direct labor dollars, or machine hours are the most frequent foundation for predefined overhead.
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which word or phrase best completes the following sentence? marginal analysis means evaluating changes from a current situation. group of answer choices no positive or negative maximum infinite previousnext
Marginal analysis means evaluating the changes from current situation is no positive.
What is marginal analysis?Marginal analysis is the examination of the advantages and drawbacks of particular actions. Marginal analysis can be used to indicate the cost of additional output up until you reach the break-even point, where the company's costs and the money it generates from production are equal. Businesses use marginal analysis to confirm that the benefits of specific activities outweigh the drawbacks. Individuals and organizations can use marginal analysis to assist them decide how to allocate resources in a way that will boost profitability, provide benefits, and lower costs. Financial planning for both firms and individuals is made easier by employing a technique called marginal analysis to examine an event's costs and benefits. Businesses utilize marginal analysis as a tool to improve decision-making and overall profitability.
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in addition to identifying the external stakeholders who can impact your mission, what other critical element should be recognized?
The following action should be taken right away when a company has identified its major stakeholders through stakeholder impact analysis: Identify stakeholder interests and claims.
As stated in the first use of the term in a 1963 internal memorandum at the Stanford Research Institute, a stakeholder is a member of "groups without whose support the organisation would cease to exist." R. Edward Freeman later developed and promoted the theory in the 1980s. Since then, it has received widespread recognition in business theory and practise, particularly in relation to corporate governance, corporate social responsibility, and strategic management (CSR).A false dichotomy between the "shareholder model" and the "stakeholders model" or a false analogy of the obligations towards shareholders and other interested parties has been created by the definition of corporate responsibilities through the classification of stakeholders to take into account, according to critics.
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Which of the following documents would describe the roles of the general and limited partners in a limited partnership offering
Option D is correct. The Articles of Incorporation describe the roles of General Partner (GP) and Limited Partner (LP).
Limited Partnership Documents are documents deposited in the country in which the Limited Partner is located for legal approval. The LP completes a subscription agreement (essentially a purchase request) and reveals sensitive personal information. Financial information, such as income and wealth, is the most important. GP uses this when determining conformance.
Subscription agreements are not valid and LPs are not included in the partnership until signed by the GP.
A prospectus is a document that discloses to investors all material facts about an investment. Please note that if the program is a private placement rather than a prospectus, investors will receive a private placement memorandum containing essentially the same information.
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The complete question is:
Which of the following documents would describe the roles of the general and limited partners in a limited partnership offering?
A)The partnership agreement
B)The certificate of limited partnership
C)The prospectus
D)The subscription agreement
In an effort to ensure that marketing firms are not compelled to just return findings favorable to a client or come up with a conclusion that was suggested by a client, the American Marketing Association has _______.
In an effort to ensure that marketing firms are not compelled to just return findings favourable the American Marketing Association has established ethical guidelines for companies to follow.
What are ethical guidelines?The virtues of beneficence and nonmaleficence form the basis of all ethical rules. This is a technical way of emphasising that your research must be advantageous and not detrimental. But before you can safeguard your study's participants from injury, you must first be aware of all the hazards they might face. You're probably saying to yourself right now, "It's a card sorting study for a website. What dangers could there possibly be? The subject may perceive the hazards (for instance, "The video of my study will get released and everyone will laugh at it") or they may genuinely exist (e.g., the product is so hard to use that the study is actually pretty unpleasant to use).
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You’ve just done a great job on a recent project at your company. Your boss has been very vocal about acknowledging your work and the increased revenue that resulted from it. Privately, she said that you’ clearly earned a bonus of at least 10%, but due to company politics, she was unable to secure the bonus for you. She also implied that if you were to submit inflated expense reports for the next few months, she would look the other way, and you could pocket the extra cash as well-deserved compensation for your contributions. What should you do? Why?
Answer:
Don't do it if anything comes of it you could get charged with fraud and this person can deny all knowledge of any involvement or advice given.
the basic principles of economics suggest that question 21 options: markets are seldom, if ever, a good way to organize economic activity. government should become involved in markets when trade between countries is involved. government should become involved in markets when those markets fail to produce efficient or fair outcomes. government should never become involved in markets.
The basic principles of economics suggest that government should become involved in markets when trade between countries is involved.
What do trade and an example mean?Let's say Liam and Henry are the two individuals. Liam has wool but requires food, whereas Henry has food but needs wool. In order for Liam to receive food and Henry to get wool, making both of them satisfied, Liam and Henry will exchange food and wool. This is the ideal illustration of trade.
What function does trading provide in economics?Trade is a growth engine that improves economic opportunity, decreases poverty, and creates jobs. In order to increase their involvement in the global economy and their access to developed country markets, the World Bank Group offers assistance to its client nations.
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your consulting company uses freelancing consultants and trainers build small or large teams as needed to work on projects. you have created a
You have created a Virtual Organization.
Virtual Organization is an impermanent or extremely durable assortment of geologically scattered people, gatherings, hierarchical units, or whole associations that rely upon electronic connecting to finish the creation cycle. Virtual associations don't address a company's trait however can be considered as an alternate hierarchical structure and completes the goals of digital discretion.
Virtual can be characterized as "not genuinely existing as such yet made by programming to seem to do as such", all in all "unbelievable yet looking real". This definition unequivocally frames the main standard of this unusual association, which holds the type of a genuine (ordinary) organization from an external perspective however doesn't really exist truly and embroils a completely computerized process depending on free thinkers web partners. Consequently, virtual associations are fixated on innovation and position actual presence behind the scenes. Virtual associations have restricted actual assets as worth is added through (versatile) information as opposed to (resolute) hardware.
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Complete Question is -
Your consulting company uses freelancing consultants and trainers build small or large teams as needed to work on projects. You have created a ________________
which statement describes a disadvantage of marnie paying a bill by telephone with a credit card or a debit card?
''Marnie will have to share her card account information'' describes a disadvantage of marnie paying a bill by telephone with a credit card or a debit card.
What is my card account number?Your account number, a string of up to 12 digits, serves as proof that you are the cardholder on file. The financial institution that issues the card issuing it. On the card, the account number starts with the seventh digit and finishes with the next-to-last digit.Card Account refers to the Cardholder's account(s) with the bank for which the Card is issued, which are subject to these general conditions and on which withdrawals/payments will be debited and lodgements will be credited when made by the Cardholder through or by way of a Card Transaction.A debit card number is different from a bank account number, despite the fact that they are occasionally mistaken for one another.Learn more about card account number refer to :
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Which utility applies to a company that acknowledges that customers have a preference for maximum satisfaction from their entertainment or recreational experience?
a. form utility
b. economic utility
c. possession utility
d. place utility
e. price utility
Possession utility is a term used to refer the value that the company offers to the consumers if they purchase or use the product in the way that the company made it for - similar with the feature of products.
What is possession utility?The value given to a product by virtue of the fact that the purchaser has the legal right to own and use it freely.
Possession utility speaks to the actual act of product possession — such as consumers driving a new car off the lot or having furniture delivered to their home. It also highlights the connection between possession and purposeThe possession utility means the utility derived from a consumer when he owns a commodity. When someone purchases a product, he pays for it and gets the ownership of that product.There are three types of possession: personal / actual possession. constructive possession. joint possession.To learn more about Possession utility refers to:
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a portfolio management strategy that overweights a particular industry, relative to the benchmark portfolio, based on the next expected phase of the business cycle is called
A tactical asset allocation is a method of portfolio management that favors one industry over another in comparison to a benchmark portfolio based on the anticipated business cycle phase.
What are the different types of portfolio management strategies?Performance and risk are two factors that are balanced in every portfolio management plan. Continue reading to learn more about the four different forms of portfolio management that are available: active, passive, discretionary, and non-discretionary.
What is equity portfolio management strategies?Equity portfolio management refers to the organization and use of many concepts, procedures, and strategies for thwarting the equity market. Making investment decisions or assisting others in making their own decisions about investments is the main objective of portfolio managers.
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The information yielded by market segment profiles usually is not very useful later in the marketing process. T/F
False, Market segment profiles typically produce information that is highly helpful later in the marketing process.
A specific market profile is an in-depth analysis of the market segment in which you want to sell your goods or services, taking into account a variety of variables and metrics. It is made to give the company a comprehensive insight of users within each sector for comparison and strategic objectives. In order to determine the best target market and client for the company, market segmentation is used. A variety of consumer profiles can be created via segmentation.
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Virginia has entered an agreement for a home loan after a contractor came to her door offering home improvement services and a card for a mortgage broker who could help her get a loan. Virginia contacted the mortgage broker and secured the loan. Which of the following arrangements for paying the contractor is not in compliance with HOEPA
Paying the contractor with a portion of the loan proceeds.
Which of the following arrangements for paying the contractor is not in compliance with HOEPA?
One arrangement for paying the contractor that is not in compliance with HOEPA (Home Ownership and Equity Protection Act) is if the contractor is paid with a loan that has an interest rate that is more than 8 percentage points higher than the prime rate.HOEPA prohibits lenders from charging borrowers an interest rate that is more than 8 percentage points higher than the prime rate for loans that are used to pay for home improvement services.Additionally, HOEPA requires lenders to provide borrowers with a written disclosure of their loan terms and conditions, and prohibits lenders from charging certain fees such as prepayment penalties, late fees, and balloon payments.If Virginia’s loan agreement does not comply with these requirements, then the arrangement for paying the contractor is not in compliance with HOEPA.To learn more about HOEPA (Home Ownership and Equity Protection Act) refer to:
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Which of the following best describes a disadvantage of standard costing which might occur when the production manager purchases a large quantity of raw materials which results in the production manager overproducing to obtain a favorable fixed overhead variance
Management accounting is the process of providing financial resources and information to managers for decision-making.
Based on a set expectation of sales volume, a static budget is created. The discrepancy between actual and anticipated levels of activity is represented by a volume variance. The direct materials quantity variance is normally the responsibility of the production manager. When the actual variable overhead rate is lower than the expected variable overhead rate, the variable overhead rate variance is favorable. Favorable variations are recorded as credits, while unfavorable variances are debited. The difference between the number of real direct labor hours used and the number of standard direct labor hours multiplied by the standard variable overhead rate is known as the variable overhead efficiency variance. When making journal entries, the standard cost is a credit, whereas the actual cost is recorded as a debit.
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A car rental costs $32 per day plus $0.69 per mile. jack's family is will be driving for 3 days and traveling 289 miles. how much is the total rental? responses $295.41 $295.41 $389.79 $389.79 $400.20 $400.20 $447.31
If the care rental costs $32 on a daily basis when an additional $0.69 for each mile, and the drive is rented for a period of 3 days lasting for 289 miles, then the total car rental will be approximately $295.41. Therefore, the option B holds true.
The calculation of the total rental will be as shown in the steps below,
Total Rental = (Daily Cost x No. of Days) + (Per Mile Cost x Actual Travel)
Total Rental = (32 × 3) + (0.69 × 289)
Total Rental = (96) + (199.41)
So, the total rental will be approximated to an amount totaling to $295.41.
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experts estimate that for the us to reach 100% renewable energy in 2050, it will require $7.8 trillion. calculate the percent change this would represent from the 2018 investment level of $46.5 billion.
The percent change in renewable energy investment in the US from 2005 to 2018 is 308%.
Renewable electricity is energy that is amassed from renewable sources which are evidently replenished on a human timescale. It consists of resources that include sunlight, wind, the motion of water, and geothermal heat. although most renewable strength sources are sustainable, some aren't. for instance, some biomass assets are taken into consideration as unsustainable at current charges of exploitation.
Renewable power frequently provides energy for electricity technology to a grid, air, and water heating/cooling, and stand-on own energy systems. Renewable electricity technology initiatives are typically massive-scale, however, they may be additionally perfect for rural and remote regions and developing international locations, where power is often critical in human development. Renewable power is regularly deployed collectively with similar electrification, which has several blessings: energy can flow warmth or gadgets effectively and is easy on the factor of intake. further, electrification with renewable power is extra efficient and consequently leads to good-sized reductions in the number one electricity necessities.
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the peete company purchased an office building for $4,500,000. the building had an estimated useful life of 25 years and an expected salvage value of $500,000. calculate the depreciation expense for the second year using the double-declining balance method. $answer
For $4,500,000, a corporation bought an office building. The structure's estimated salvage value was $500,000. It had a 40-year useful life.
What would you say is an organization?
A cooperative group of individuals is known as an organization. . The word "organization" can be used to refer to an individual, a group, a business, or the development of anything. It might also be used to describe a system of classification or organization. This final interpretation is what your English teacher means when she advises you to improve the organization of your essay. shareholders.
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policies intended to reduce demand-pull inflation are most likely to increase which of the following in the short run? (a) gross domestic product (b) the labor force participation rate (c) the price level (d) unemployment (e) wage levels
D) Short-term unemployment is most likely to rise as a result of policies designed to reduce demand-pull inflation.
In what ways are unemployment and inflation connected now?
There is a short-term tradeoff between inflation and unemployment in society. Unemployment can be reduced by increasing aggregate demand, but this comes at the expense of higher inflation. They may be able to reduce inflation by reducing aggregate demand, but this will result in temporarily higher unemployment.
What short-term measures reduce inflation?
Keeping an eye on the economy's money supply is a significant monetary strategy for reducing inflation. Price falls as a result of lower demand for goods and a decrease in the money supply. The government can also reduce the amount of money in circulation by removing particular coins or paper notes from circulation.
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under the , manufacturers provided raw materials to people in their own homes and then picked up the finished products for distribution. a. cottage industry system b. putting-out system c. finishing off system d. piece work system
C) A method for determining the materials and components needed to manufacture a product is known as material requirements planning (MRP).
There are three main steps in it: taking a look at the materials and parts that are already there, figuring out which ones are needed more, and then setting up when they will be made or bought.
What exactly is an MRP manufacturing system?
Material requirements planning, or MRP for short, is a business-oriented software-based integrated inventory and supply management system. MRP is used by businesses to schedule production and deliveries, estimate raw material quantities, and keep track of inventory levels.
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Throughout the process of establishing and opening an account for a client, suitability and investment objectives are a primary concern for registered representatives. In order to make determinations regarding these subjects, the RR is required to obtain certain information from the client. Which of the following fall into the category of REQUIRED information
To establish an account, RRs are required to obtain client's name, address, contact information, SSN/Tax ID, income, net worth, investment experience, objectives, risk tolerance, time horizon, liquidity needs and other relevant financial/personal information for suitability and investment objectives.
What are information typically falls into the category of required information?The following information typically falls into the category:
Name, address, and contact informationSocial Security Number or Tax ID NumberIncome and net worthInvestment experience and objectivesRisk toleranceTime horizon Liquidity needsAny other relevant financial or personal information that may impact the client's investment decisions.This information is used to ensure that the investment products and strategies recommended to the client are suitable for their financial situation, investment experience, and investment objectives.To learn more about information refer:
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when kenneth's u.s.-based company was going through a dispute with an affiliate in germany, the case was tried on german law, as the two parties had agreed to in their original contract. this example demonstrates the choice-of-
when Kenneth's U.S.-based company was going through a dispute with an affiliate in Germany, the case was tried on germen law, as the two parties had agreed to in their original contract. this example demonstrates the choice-of- International law.
Which kind of law describes the set of regulations that countries have committed to uphold?International law is a body of rules and principles that regulates how states and people interact with one another, as well as how international organisations interact with one another.
Instead of through legislation passed by a legislature, judges first formed common law through case-by-case court decisions. The decisions of judges, often known as precedent, shape a large portion of the law in this system.
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when it comes to extended reality in business, what fact differentiates accenture from other companies
There is nobody's size-fits-all solution to this inquiry, as each organization's way to deal with or will contrast is contingent on its particular business needs.
What is business?
Business alludes to the action of making, buying, and exchanging products to monetarily support oneself. Moreover, it incorporates "any movement as well as big business embraced for benefit." The proprietor of the business is by all accounts dependable and responsible for any obligations caused by the organization since the business substance.
Nonetheless, one critical differentiator for Accenture is its attention to utilizing XR innovation to make vivid encounters that can help organizations train and instruct representatives.
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You are provided with the following information for Koetteritz Inc. for the month
ended June 30, 2017. Koetteritz uses the periodic method for inventory.
Unit Cost or
Date Description Quantity Selling Price
June 1 Beginning inventory 40 $40
June 4 Purchase 135 43
June 10 Sale 110 70
June 11 Sale return 15 70
June 18 Purchase 55 46
June 18 Purchase return 10 46
June 25 Sale 65 76
June 28 Purchase 35 50
Instructions
(a) Calculate (i) ending inventory, (ii) cost of goods sold, (iii) gross profit, and (iv) gross
profit rate under each of the following methods.
(1) LIFO. (2) FIFO. (3) Average-cost.
(b) Compare results for the three cost flow assumptions
An inventory is a list or database of items or products held in stock by a business or organization.
What do you mean by stock?
Stock is a type of financial security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings. Stocks are commonly known as shares, equities, or securities, and are traded on an exchange or over-the-counter market.
LIFO:
(i) Ending Inventory = 35 units x $50 = $1,750
(ii) Cost of Goods Sold = 140 units x $43 + 55 units x $46 + 10 units x $50 = $7,195
(iii) Gross Profit = 110 units x $70 + 65 units x $76 - 7,195 = $2,845
(iv) Gross Profit Rate = $2,845 / (110 units x $70 + 65 units x $76) = 28.45%
FIFO:
(i) Ending Inventory = 35 units x $50 = $1,750
(ii) Cost of Goods Sold = 40 units x $40 + 135 units x $43 + 55 units x $46 = $6,995
(iii) Gross Profit = 110 units x $70 + 65 units x $76 - 6,995 = $3,845
(iv) Gross Profit Rate = $3,845 / (110 units x $70 + 65 units x $76) = 37.45%
Average-Cost:
(i) Ending Inventory = 35 units x $46.43 = $1,621.55
(ii) Cost of Goods Sold = 40 units x $40 + 135 units x $43 + 55 units x $46 + 10 units x $50 = $7,195
(iii) Gross Profit = 110 units x $70 + 65 units x $76 - 7,195 = $2,845
(iv) Gross Profit Rate = $2,845 / (110 units x $70 + 65 units x $76) = 28.45%
(b) Comparison of Results for the Three Cost Flow Assumptions
LIFO: Ending Inventory = $1,750, Cost of Goods Sold = $7,195, Gross Profit = $2,845, Gross Profit Rate = 28.45%
FIFO: Ending Inventory = $1,750, Cost of Goods Sold = $6,995, Gross Profit = $3,845, Gross Profit Rate = 37.45%
Average-Cost: Ending Inventory = $1,621.55, Cost of Goods Sold = $7,195, Gross Profit = $2,845, Gross Profit Rate = 28.45%
The LIFO and Average-Cost methods result in the same ending inventory, cost of goods sold and gross profit rate. The FIFO method results in a higher gross profit rate than the LIFO and Average-Cost methods.
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according to the text, which of the following is true? a. about half of companies recognize excellent performance with supplier awards and appreciation banquets b. one result of an effective supplier certification program is an increase in the supplier base c. one of the most basic and successful approaches to protecting trade secrets is threat of litigation d. about 80% of companies recognize excellent performance with supplier awards and appreciation banquets
According to the text, the following is TRUE a. About 50% of companies recognize excellent performance with supplier awards and appreciation banquets
A corporation is a group of individuals with a common goal who may be either natural, legal, or a combination of the two. The term "corporation" is also commonly abbreviated as "co." The company's crew works together toward clearly defined goals with a common purpose. Companies come in a variety of shapes, including:Financially motivated volunteer organizations, such as for-profit companies, banks, political campaigns, or educational institutionsAs long as all of its members abide by the terms of the publicly declared incorporation or published policy, a business can become legally recognized as a separate entity with limited liability through incorporation. It could be necessary to liquidate a company after it shuts down in order to
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you are managing a project and require a seller that has a particular product and capabilities. which source of information is the best for conducting procurements?
Responses to RFIs from possible sellers A request for information (RFI) is a specialized document used in procurements by a buyer to inquire a possible seller for information about their company.
goods, and capabilities. RFI replies from prospective vendors are the most reliable source of information on the prospective sellers, their products, and the services they offer. A business, abbreviated as co., is a legal body that represents a group of persons, whether natural, legal, or a combination of the two, with a common goal. Members of a company work together to attain certain, stated goals. Company come in a variety of shapes and sizes, such as: Voluntary associations, which may include charitable organizations, corporate entities with a profit motive, financial firms and banks, programs, or educational institutions A business can be formed as a legal person so that the firm's liability is restricted when members perform or fail to execute their duties in accordance with the publicly proclaimed incorporation or published policy. When a business shuts, it may be necessary to liquidate it in order to avoid ongoing legal liabilities.
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