The amount allocated to ending inventory for June, using the FIFO inventory method, is $708.
To calculate the ending inventory using the FIFO (First-In, First-Out) method, we need to allocate the cost of the most recently purchased units first and work backward.
Given purchases in June:
June 1: 150 units at a total cost of $390
June 10: 150 units at a total cost of $435
June 15: 150 units at a total cost of $480
June 28: 180 units at a total cost of $612
Total units purchased in June: 150 + 150 + 150 + 180 = 630 units
Total cost of units purchased in June: $390 + $435 + $480 + $612 = $1917
Physical count of merchandise inventory on June 30: 256 units
Using the FIFO method, the cost of goods sold (COGS) is calculated by subtracting the ending inventory from the total cost of purchases:
COGS = Total cost of purchases - Ending inventory
Ending inventory is calculated by deducting the units sold from the total units purchased in June:
Ending inventory = Total units purchased in June - Units sold
Units sold = Total units purchased in June - Units on hand on June 30
Units sold = 630 - 256 = 374 units
COGS = $1917 - (374 units × cost per unit)
To allocate the cost to ending inventory, we subtract the COGS from the total cost of purchases:
Ending inventory = $1917 - COGS
Now, let's calculate the amount allocated to ending inventory using the FIFO method:
To Determine the cost of the most recently purchased units:
180 units purchased on June 28 at a total cost of $612
Allocate the remaining units from previous purchases:
94 units (256 units on hand - 162 units from June 28 purchase)
To Calculate the cost of the remaining units:
Cost per unit = Total cost of units purchased in June / Total units purchased in June
Cost per unit = $1917 / 630 units = $3.04 per unit
To Calculate the cost of the remaining units:
94 units × $3.04 per unit = $286.76
Using the FIFO inventory method, the amount allocated to ending inventory for June is $286.76.
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(fill in the blank) angels are individuals who have already started and successfully operated their own businesses.a. Corporateb. Entrepreneurialc. Professional
(B) Entrepreneurial angels are individuals who have already started and successfully operated their own businesses.
Who are entrepreneurs?An entrepreneur is a person who decides to start their own company based on a concept they have or a product they have developed, taking on the majority of the risks and enjoying the majority of the advantages.An entrepreneur is someone who has an idea and tries to develop a good product or service that others will purchase, together with a business to help them in their endeavor. An entrepreneur is seen as visionary or an innovator since they take on the majority of the risk and responsibility for their new company.The launch of a new company venture is the best illustration of entrepreneurship.Those with an entrepreneurial perspective are those who have established and effectively run their own firms.
Therefore, (B) entrepreneurial angels are individuals who have already started and successfully operated their own businesses.
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What is the dividend yield on Stock A that sells at $20/share, when Company A pays a quarterly dividend of $0.05 per share? dividend yield=[?]\% Give your answer as a percent rounded to the nearest tenth .
Answer:
The dividend yield on Stock A is 1%, rounded to the nearest tenth.
Explanation:
To calculate the dividend yield, we need to first calculate the annual dividend per share:
Annual dividend per share = Quarterly dividend per share x 4
Annual dividend per share = $0.05 x 4 = $0.20
Next, we can calculate the dividend yield:
Dividend yield = (Annual dividend per share / Stock price) x 100%
Dividend yield = ($0.20 / $20) x 100% = 1%
Therefore, the dividend yield on Stock A is 1%, rounded to the nearest tenth.
Active listening is a process of communication in which the listener engages the speaker by repeating or rephrasing the speaker’s words; the listener may also mirror body language or _____.
apathetic behavior
tone of voice
nervous tics
hand gestures
Answer: tone of voice
Explanation:
Active listening refers to a process of communication whereby the speaker is engaged by the listener who repeats the words or statements heard.
Active listening involves the individual listening with all his or her senses and giving the speaker all the attention needed.
In active listening, the listener can mirror the body language or the tone of voice of the speaker. Active listening can be either acquired or developed through constant practice.
How should you handle questions about past jobs and employers?
(I am being timed)
A)You should give a specific example of how you were mistreated on your last job and why you left.
B)You should take the opportunity to show your knowledge by pointing out what was wrong there.
C)You should be honest, but don't bring up negative issues. If you must, frame it as a lesson learned.
D)You should refuse to answer any questions about previous employers and jobs.
Answer: B
Explanation:
You should give a specific example of how you were mistreated on your last job and why you left. Therefore option B is correct.
What is Job?The term Jobbe or Worke (1550s), which meant "task, piece of work," gave rise to the word "job," which today is used to refer to a piece of work or anything that needs to be done.
Literary sources indicate that the phrase was first used in 1858 to refer to "a salaried, permanent position of employment." Printers began using the phrase as slang for "piece of work of miscellaneous class" around 1795. (handbills, posters, etc.).
People who have received specialized training for particular occupations are either-
These are manual tasks in the trade. Carpenters, auto mechanics, hairdressers, and bakers are a few examples. Other trades include those for butchers, plumbers, and arborists.
- Profession: A university degree is required for this type of employment. Lawyers, physicians, dentists, architects, librarians, engineers, and pharmacists are a few examples. Teachers, university professors, scientists, physicists, and geologists are all occupations.
Therefore option B is correct.
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What is suggestive selling? Have you experienced an example of this? If so, describe the experience. Why do restaurants use suggestive selling?
Answer:
Explanation:
Suggestive selling is when someone recommends a better version of the product which you are purchasing or even recommends another totally different product that may suit your individual needs better. Almost everyone has experienced this in some capacity before. For example, any time you go to a fast-food chain they always ask if you would like to increase the size of your order (super-size) for a small additional fee. This is suggestive up-selling, and companies do this because they make additional profit from these items that they are suggesting.
What report shows which web pages get the most traffic and highest engagement?.
The web pages get the most traffic and highest engagement can be gotten from the all pages report.
All pages reportThe All Pages report is used to display data using different engagement metrics such as number of page views, average time on page, entrances, bounce rate, and exit rate. Therefore the web pages get the most traffic and highest engagement can be gotten from the all pages report.
The All Pages report displays the top pages on your website based on traffic.
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An executive manager went to an important meeting. The secretary in the office receives a call from a person claiming that the executive manager is about to give an important presentation but the presentation files are corrupted. The caller sternly recommends that the secretary email the presentation right away to a personal email address. The caller also states that the executive is holding the secretary responsible for the success of this presentation. Which type of social engineering tactic would describe this scenario
Answer:
intimidation
Explanation:
Intimidation is intentional behavior in which the person fear to the other person or injury to the other person. Here the victim is to be considered for taking an actions
Since in the given question it is mentioned that the caller tell that the executive would be held responsible for the success of the presentation
So the given situation represent the intimidation scenario
The same would be relevant
Identity theft may
1. lower credit interest
2. reduce credit balances
3. affect the credit score
4. cancel debt-to-credit ratio
Identity theft may affect the credit score.
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
If a stock was purchased for $7500 in January 2020 and is sold in December 2020 for 7000, what results
They took $5,000 off
Suppose that for a certain smartphone the average lead-time demand equals 450 phones (normally distributed), with a standard deviation of 40 phones. Every time the inventory reaches a level of 532 phones, a new order is placed. Which interval includes the service level? O Lower than 96.5%. 96.5% or higher, but lower than 97.5%. O 97.5% or higher, but lower than 98.5%. 98.5% or higher. 13 Li
For a smartphone with average lead-time demand of 450 phones and a standard deviation of 40 phones, we need to determine the service level interval when placing a new order at an inventory level of 532 phones. The correct interval for the service level is 97.5% or higher, but lower than 98.5%.
To find the service level interval, we need to calculate the z-value using the normal distribution. The z-value represents the number of standard deviations away from the mean. In this case, we want to determine the probability of demand exceeding the inventory level of 532 phones. The formula to calculate the z-value is: z = (X - μ) / σ, where X is the inventory level, μ is the mean lead-time demand, and σ is the standard deviation.
Calculating the z-value: z = (532 - 450) / 40 = 2.05 Using a z-table or calculator, we can find the corresponding probability. The service level is equal to 1 minus the probability of demand exceeding the inventory level. Looking at the z-table, a z-value of 2.05 corresponds to a probability of approximately 97.5%. Therefore, the correct interval for the service level is 97.5% or higher, but lower than 98.5%.
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Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected as the base year. In 2012, the basket's cost was $154; in 2013, the basket's cost was $164; and in 2014, the basket's cost was $180. The value of the CPI in 2014 was:__________ a. 109.8 and the inflation rate was 9.8%. b. 116.9 and the inflation rate was 9.8%. c. 164 and the inflation rate was 16.9%. d. 116.9 and the inflation rate was 16.9%.
The inflation rate was 16.9% and the (d) value was 116.9. To calculate the CPI, we use the formula: By increasing the cost of a basket over the base year by 100, the CPI is determined.
Using the given information, we can calculate the CPI for 2013 and 2014:
CPI in 2013 = (164 / 154) x 100 = 106.49
CPI in 2014 = (180 / 154) x 100 = 116.88
Therefore, the value of the CPI in 2014 was 116.9 (rounded to one decimal place).
We employ the following formula to determine the inflation rate:
((CPI in current year - CPI in previous year) / CPI in prior year) x 100 = inflation rate
Using the CPI values we calculated earlier, we can find the inflation rate between 2013 and 2014:
Inflation rate = ((116.88 - 106.49) / 106.49) x 100 = 9.77%
Therefore, the inflation rate was 16.9% in option (d) and not 9.8% as stated in option (a) and (b). Option (c) is incorrect as it gives the cost of the basket in 2014 as the value of the CPI.
First, figure out the CPI for each year.
For 2012 (base year), CPI = (154 / 154) x 100 = 100
For 2013, CPI = (164 / 154) x 100 = 106.5
For 2014, CPI = (180 / 154) x 100 = 116.9
Step 2: Calculate the inflation rate.
((CPI in current year - CPI in previous year) / CPI in prior year) x 100 = inflation rate
Inflation rate for 2014 = ((116.9 - 106.5) / 106.5) x 100 = 9.8%
So, the value of the CPI in 2014 was 116.9, and the inflation rate was 9.8%.
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someone help i really need it !!!!
Answer:
Shoot, sorry, ik this was 3 days ago so my answer probably wont matter but you did give me point by letting me answer... Thanks!
Explanation:
:D
Which statement best summarizes the role of households in the flow of
goods?
A. Households act as consumers for goods made by businesses.
B. Households provide natural resources to businesses.
O C. Households trade goods between product and resource markets.
D. Households sell products created in product markets.
Answer:
A. Households act as consumers for goods made by businesses.
Explanation:
The statement that best summarizes the role of households in the flow of goods is Households act as consumers of goods made by businesses. The correct option is A.
In the circular flow model of economics, households are a key component in the flow of goods and services. Households provide labor and other resources to businesses in exchange for wages and other forms of income. They then use that income to purchase goods and services produced by businesses, which helps to sustain economic activity.
In this model, businesses are the primary producers of goods and services, and households act as consumers of those goods and services.
Therefore, option A, "Households act as consumers for goods made by businesses," best summarizes the role of households in the flow of goods.
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A home improvement store has an assembled kids playset on display. There
are no signs waming parents not to let their kids play on it. When a child
climbs on the playset, it collapses and the child breaks her wrist. The playset
was not assembled properly for use because it was only for display. Is the
home improvement store negligent?
A. Yes. The store has a duty of care to provide a safe environment
and not assembling the playset correctly or putting up warning
signs is a breach of duty. The breach caused the playset to
collapse and resulted in harm to the child.
O B. Yes. Home improvement stores are held to a higher standard of
care than other stores because they sell some dangerous items.
Even though a reasonable person wouldn't climb the playset, the
store is still negligent.
O C. No. Home improvement stores do not have a duty to ensure the
safety of their customers because they sell some dangerous
items. Without duty to the customer, the store cannot be negligent.
OD. No. The store is not in violation of a breach of duty because
customers should know never to climb on or use anything on
display in a store. Without breach of duty, the store is not
negligent
Answer:
a. yes. the store has a duty of care to provide a safe environment and not assembling the playset correctly or putting up a sign is a breach of duty. and it resulted in harm.
Explanation:
a p e x
In-house brands are gaining popularity in the Canadian marketplace, and Thomas is eager to capitalize on this trend. Food Master is considering launching an in-house brand, but Thomas is not sure about the marketing to support this decision. He needs advice on how to how to advertise and promote the new brand. Thomas uses the CREST framework to analyze the current market situation and gathers other useful information listed below.
Food Master is a small player in the market, capturing an insignificant market share. Its key advantage is service, and its premium service dictates premium price. The clients are usually retail clients from household. The company operates in Ontario, through 10 stores located in 6 different cities.
task to do :
• Develop an appropriate advertising and sales promotion strategy for Food Master's in-house brand.
Note: Make any assumptions that are deemed necessary for this case. Clearly state your assumptions in your submissions.
To develop an appropriate advertising and sales promotion strategy for Food Master's in-house brand, the company should focus on targeting its existing retail clients, emphasize its key advantage of premium service, and leverage localized marketing efforts in Ontario.
Food Master, as a small player with a premium service offering, should capitalize on its strengths to promote its in-house brand effectively. Here's an outline of an appropriate advertising and sales promotion strategy:
1. Target Existing Retail Clients: Since Food Master's client base consists of retail clients from households, it is essential to target and engage with this specific audience. Utilize customer data and segmentation to tailor advertising messages and promotions that resonate with their preferences and needs.
2. Emphasize Premium Service: Highlight Food Master's key advantage of premium service in the advertising and promotional campaigns. Communicate how the in-house brand aligns with the company's commitment to providing exceptional service, quality, and a unique customer experience.
3. Localized Marketing: With operations in Ontario and stores located in six different cities, adopt a localized marketing approach. Customize advertising efforts to target consumers in each specific city, leveraging local media channels, community events, and partnerships to build brand awareness and foster a sense of connection with the local market.
4. Multi-channel Approach: Utilize a multi-channel marketing strategy to reach a wider audience. Combine traditional advertising mediums such as television, radio, and print with digital marketing channels like social media, online advertising, and email campaigns. This approach ensures maximum exposure and allows for targeted messaging based on the preferences of different customer segments.
5. Sales Promotions and Incentives: Implement sales promotions and incentives to encourage trial and repeat purchases of the in-house brand. Offer limited-time discounts, loyalty programs, and special bundles to incentivize customers and create a sense of urgency.
Assumption: The assumption made in this case is that Food Master has conducted market research to understand customer preferences, competition, and market trends related to in-house brands. This research would provide additional insights to refine the advertising and sales promotion strategy further.
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An analysis of 222Cool Company’s liabilities disclosed the following: accounts payable after deducting debit balances
in supplier’s account amounting to P22,500 (accounts payable included non-trade liabilities of P32,500) P105,000;
accrued expenses, P15,000; credit balances in customer’s account P13,500; stock dividend payable, P70,000; claims
for increase in wages and allowances by employee of the company, covered in a pending lawsuit, P125,000; estimated
liabilities for premium, P60,000. How much should be presented as total current liabilities in the statement of financial
position?
a. 6,000
b. 168,500
c. 183,500
d. 216,000
216,000 should be presented as total current liabilities in the statement of financial position. In fiscal account, a liability is defined as the unborn offerings of profitable benefits that the reality is obliged to make to other realities as a result of once deals or other once events, the agreement of which may affect in the transfer or use of means, provision of services or other yielding of profitable benefits in the future.
accounts payable- trade and non-trade (105000+ 22500) 127,500
Accrued expenses 15,000
Credit balances of customer's account 13,500
Stock dividends payable- equity account --
Claims for increase in wages and allowances by employees
of the company's covered in a pending lawsuit --
Estimated liabilities for premium 60,000
Total 216,000
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A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent
Answer:
The answer is "Option D".
Explanation:
Using the formula for calculating present value:
\(= \frac{Future \ value}{(1+r)^n}\\\\\)
that's why "Option D" is correct.
You+will+require+$700+in+5+years.+if+you+earn+5%+interest+on+your+funds,+how+much+will+you+need+to+invest+today+in+order+to+reach+your+savings+goal?
$548.47 is need to invest today in order to reach your savings goal.
What is initial investment?The sum needed to launch a project or firm is known as the initial investment. It is often referred to as initial outlay or just initial. It is equal to capital expenditures, working capital needs, and after-tax revenues from assets sold or put to other uses.
The upfront costs or initial cash outlay associated with beginning a new project or buying an asset are represented by initial cash flow. Salvage profits from failed initiatives may be taken into account in some projects by subtracting those earnings from the starting cash flow total.
The worth of an anticipated income stream as of the valuation date is known as the present value, sometimes known as the present discounted value. The value of a sum of money today is known as its present value. For instance, if you are promised $110 in a year, the present value is what that $110 is currently worth.
To calculate the initial investment, we need to use the following formula:
\(PV= FV/(1+i)^n\)
PV= present value
FV= future value
n= number of years
i= interest rate
\(PV= 700/(1.05^5)\)
PV= $548.47
Hence, $548.47 is need to invest today in order to reach your savings goal.
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According to the video, which areas are Postsecondary Education Administrators likely to oversee? Check all that apply.
student attitudes
student orientation
parental distance
student housing
theater performances
academic standards
Answer:
2,4,6
Explanation:
Answer:
2,4,6
Explanation:
kfc india created the curry-cature in order to connect with the fairly westernized youth of today. this example shows the importance of _________ when designing your social media programs.
KFC India created the curry-cature in order to connect with the fairly westernized youth of today. this example shows the importance of syntax and morphology when designing your social media programs.
It's miles determined that morphology and syntax play great roles in studying comprehension, formation of English words, language gaining knowledge of, formation of phrases, clauses andsentences; clear and affective verbal exchange and Literature-in English.
Syntax is the look at of sentence structure, its relationship to which means, and theoretical models that account for the capability of audio system to generate an endless range of novel utterances.
Morphology is the take a look at of word shape and its dating both to condemn shape and to that means.
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2. Which option is not studied in macroeconomics?
(A) The consequences of a higher interest rate
(B)The effects of a lower exchange rate
(C)The impacts of price changes in the market for smartphones
(D)The impacts of progressive taxation
Answer:
C)The impacts of price changes in the market for smartphones
Explanation:
Macroeconomics is concerned with the decisions, performance, and behavior of the entire economy. It studies how a country allocates and distributes limited resources to different sectors of the economy. Macroeconomics analyses key economic indicators of unemployment, inflation, incomes, and the GDP growth rate.
The Government uses data from macroeconomic to formulate national economic strategies. Price changes in the market for smartphones affect one sector but not the entire economy. Microeconomics is the branch that deals with decisions affecting single markets.
what is business negotiation
Answer:
A Business Negotiation is a process between two or more parties (each with its own aims, needs, and viewpoints) seeking to discover a common ground and reach an Agreement to settle a matter of mutual concern, resolve a conflict and exchange value.
Explanation:
hope it helps ^^
Which of the following is an example of a command economy?a) hunter-gatherer systems.b) decisions by individuals to satisfy their own self-interest.c) centralized decision-making by the Chinese government.d) 'sin taxes' on alcohol and tobacco.
The right preference is (c). Centralized decision-making with the resource of the Chinese government.
What is a command monetary device in economics?A command economy, also acknowledged as a planned economy, is one in which the central government plans, organizes, and controls all economic activities to maximize social welfare. Command economies, as adverse to free-market economies, do no longer enable market forces like provide and demand to decide manufacturing or prices.
What are some examples of a command financial machine existing in our market system?This is a central monetary goal which is the purpose for allocating assets and production. Examples of a command financial system encompass the likes of China, North Korea, Cuba, Russia, and Vietnam.
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https://brainly.com/question/4379731#SPJ4David Harbert recently started a business. During the first few days of operation, Mr. Harbert transferred cash from his personal account into a business account for a company he named Harbert Enterprises. Mr. Harbert’s brother, George, invested cash in Harbert Enterprises for which he received a 25% ownership interest in the company. Harbert Enterprises borrowed cash from First Federal Bank. Harbert Enterprises paid cash to purchase a building from City Properties, Inc. How many reporting entities are mentioned in this scenario
Answer:
5
Explanation:
A reporting entity is any entity in men or organizations that depends on the financial report produced by an organization for an understanding of the financial performances and position for the purpose of decision making. This can be investors and other stakeholders in the business.
In the scenario given , the relative parties that will rely of the financial report are
David Herbert as the Entrepreneur , Herbert Enterprises which prepare the report ,George , Herbert's brother an investor , First federal bank , a loan provider and City properties.
Review each of the investment opportunities provided by Earll Investments and Pima Financial Trading. In a three paragraph essay (a minimum of 4-5 sentences), write an analysis of these opportunities that answers the following questions.
Based on the evidence available to you, which investment opportunity is more likely to be fraudulent? What are the true risks of investment with this company, and does the company accurately describe these risks? What are the potential returns on an investment, and does the company accurately describe these returns?
There is some level of risk in all types of investment. The first investment that is made is more likely to be fraudulent. Land, stock, wares or court cases are linked to the true risks of investment with this company.
What are the potential returns on investment?Potential returns on investment can create a lot of profit or loss.
It is seen as a form of calculated metric that helps investors to be able to estimate the amount of potential profit an investment may get and in the above case, it may result in more profit or loss.
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Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
Five years ago Thompson, an investor, ran across a board game that he enjoyed and believed the game would become very popular. He purchased 1,000 shares of the corporation that publishes the game. Unfortunately, the game was too complex for most casual game players and sales never amounted to much. Over the five years, the stock of the publisher has remained steady, but has not increased in value. This is an example of
This is an example of Business risk.
Business risk is the business a company Invested their money into which later reduce their profit or become unsuccessful.
A company or organization that enter into business in which they are unable to gain that financial target they aim for after investing their money into the business is known as business risk.
Any Business a person, company or organization choose to enter into is a risk as you cannot actually predict what the outcome will be as to whether it will lead to financial gain or loss until you start the business.
Inconclusion This is an example of Business risk
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Answer:
Business Risk! Believe it!
Explanation:
Why does unemployment increase when the economy is bad?
The unemployed workers and their families spend lower, which weakens demand performing in poor economy.
While economists and scholars argue that a certain degree of natural severance can not be excluded, extreme severance imposes significant costs on the person, community, and country. Underemployment may be extensively dangerous to society's economy as well. Severance numbers include those who work in low- paid or low- skill occupations that don't give enough full- time hours to qualify for benefits or to earn a inhabitable pay envelope.. The profitable counter accusations may extend beyond reduced consumption. In a difficulty, numerous people may turn to their withdrawal savings, and depleting these finances has long- term consequences.
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What do you think were the main concerns with the Olympus two-door sports coupe? Is there a market for a two-seat, $32,000 sports car when the RX-8 sells for significantly less? Evaluate the role of the marketing mix in the Olympus introduction. What are some of the marketing strategies auto manufacturers use to stimulate sales of certain makes of automobiles?
The main concerns of the sports coupe is that
They did not carry out good research of the marketThey also did not research the people that would buy the product.There is no market for the two seat car given that it would be better if it was a market that people knew with a cheaper price.
2. What is the role of the marketing mix?The role of the marketing mix has to do with the combination of price and the product. These two did not match properly in order to be able to take care of the need of customers and expectations.
3. Some of the strategies would be the use of social media and search engines. This would help to create the awareness for their products and create traffic.
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